The two fatal flaws of socialism is that looks, genetics, work ethic, and good decision making are not equally distributed. If everybody were to get on universal guaranteed income, our economy would still not be fundamentally socialized.
Why is this? Well, decision making. People who are successful are successful partly because their parents were modestly well off, but they also made good decisions that helped them get to where they are.
Just because you give someone $100,000 to go to college doesn't mean they will major in something that will return on investment. Just because you give somebody debt forgiveness doesn't mean that they won't sign up for more debt after! Giving a drunk a drink makes them more drunk, it does not cure their alcoholism.
That's what we're doing with American currency and society. Also, the gym is a perfect example of where socialism is flawed. If everybody were to be given the exact same income per year, people will have different levels of health, because they worked for it. They will have made different decisions with their money, and there will still always be wealth inequality EVEN IF GIVEN THE SAME INCOME EVERY MONTH because of what people choose to do with it.
I go to the gym every weekday and rest on the weekends. It's not fun, but I make those choices because it helps keep me in good shape and good health. Along with healthy eating. If you gave somebody two sets of income the same, the flaw of socialism is that they will come out the same. But they're wrong. Because I'll choose to eat the broccoli and salad while someone who weighs 400 pounds will choose to eat pizza and ice cream (which I love, but you can't do it every day or you'll be overweight)..
Giving people money doesn't change their decision making and it doesn't change their habits. It either enables them to make more stupid decisions or enables them to make the same good decisions they already make in the first place.
If the socialists get all my money, they'll still be just as bad off because they make terrible life choices and I didn't.