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Socialism is popular to those who want a “quick fix” but avoid thinking about the dire financial consequences in the long term. In other words "Socialists always eventually run out of other people’s money.
You are wrong. Socialism is popular with those who feel left out. With those who feel that others are getting richer at their expense. OK, try to give people what they earned, so as not to hurt their motivation for money-making. But do you really think that these billionaires actually EARNED all this money? No, that is the profit they are making by exploiting labor force.