[Shalom Israel]

No, it has elements that are very socialistic.

On the contrary! First-century believers adopted a communal lifestyle, but that wasn't at all socialistic, because it was strictly voluntary. Read Acts 5:1-5, noting particularly verse 4. "While you owned [the house], wasn't it your own? And after it was sold, wasn't the money still yours? So why lie about it?"

[HiTech RedNeck]

You miss the context of the call by the Holy Spirit, the ultimate Government. God (gasp) WANTS Christians to have communal values. A & S were claiming that they had fulfilled the call that was upon them, when in fact they hadn't. The responsibility for what they had done with their property had been theirs; they could not pin the responsibility on anybody else. They didn't do with the property what God had wanted and yet (which was worse than the actual shortfall) claimed that they had. Go to a more literal translation for the facts.