re: What is your definition of socialism? And why or why not is it an effective system?

This country led the world in innovation due to capitalism. It rewards innovation.

Imagine if you were in a class and the teacher said at the beginning everyone gets a C because we treat everyone equally.

What’s the incentive to go for an A? That’s socialism.

Yes, there are winners and losers in capitalism. Anti-capitalists hate that there are losers. But you can’t have one without the other.