Wasn’t it Wilfred Pickles who described redistributive socialism in this way? – You collect in everyone’s money and divide it out equally. Then, when the reckless and the feckless have spent theirs, you collect it all in again and divide what’s left out equally. Then, when the reckless and feckless have again spent theirs, you do the same, over and over again.
Socialist ideology is based on the premise that everyone has equal talent and intelligence and that everyone is responsible and honest. As already said in the article, this has been proved to be unrealistic, time and time again. For a current day example, look at the present condition of Venezuela.