What is "socialism"? - An attempt to clear up myths/misconceptions

[DonFerrari]

the-pi-guy said:

One thing I wonder.  I hear a lot of claims about how government is more inefficient than private industry, but I've never seen studies to support it.  

Just arguments about certain implementations, but those implementations aren't necessarily part of a government. 

In some instances, it is pretty clear that government does some things better than private industry, because private industry just wants to make money.  (Notably private prisons.)

 

I'm not really for socialism, but I think people should be guaranteed at least some standard of life, such as healthcare.  

You already gave the answer on why private companies run better than government.

They have the need to profit, so their process are make as efficient as possible, with cost reduction as a need and also driving prices down to get more customers also having to take care of debts.

While government just raise tax to cover holes, give themselves higher salary independent of their performance, are very tolerant with their debt, don't depend on the population liking or wanting the service to take the money and finally the most important point is that a big centralized government can't know the demands of every single small area on the country.