At first blush it sounds really fair; later (when it's too late) you discover that some @$$hat bureaucrat gets to decide what your ability and needs are.
At second blush, it makes you wonder why people will work up to their abilities if the incentive to do so is gone. Socialism/Communism defy human nature and a person's desire to seek utility (satisfaction).
“At first blush, it sounds really fair...”
I was quoting Karl Marx, from his 1875 work “Critique of the Gotha Program.” The slogan is a famous one, and is often cited by Marxists and would-be Marxists to define the ideal State. As history has shown, the “ideal State” largely consists of commissars and Party hacks stealing everything that isn’t nailed down, as the increasingly disillusioned proletariat, who were counting on those same commissars and Party hacks to save them from their poverty, look on with dismay. The principle is amply illustrated in Orwell’s “Animal Farm.”
The free market is the only guarantor of wealth, as the history of communism has now proven beyond any doubt.