[inglor_cz]

Uh, how did you come to the conclusion that I support that bloody thing? I very much do not. Equally, I can write that Islam worships Allah and has Muhammad as its prophet, while being a staunch atheist who despises organized religion.

I like good definitions, though, and the GP was pretty sloppy about his terms.

"is the oldest con in the book"

Con? In one sense, yes. It does not bring about the promised prosperity. Attempts at socialism generally fail, and I believe the incompatibility of such system with human nature is fundamental.

It is not a con in the sense that they actually mean it seriously and want to implement it, though. If a socialist politician talks about expropriations and nationalization, you'd better believe that this is his actual intent. History says that this intent was acted upon many, many times.