weelll, I wouldn't go so far as that. Socialism had its place in the 1800s when it eliminate 80 hour or more work weeks and child labor, but now the modern day socialists seem to go hand in hand with stupid liberal social policies. Sweden seemed to have done well as a socialist country because it was small and had accumulated wealth (it wasn't in WWII), but then took in tons of asylum seekers and the money is gone.
Perhaps it ties in the idea thatsocialism can work in a small group of similar minded people?