I suspect you are using the word “socialism” wherever it would be more honest and clearer to use “communism”. Firstly, your definition of socialism makes it a strawman or tautology - socialism is that which has failed.
Many other people in the world use the word socialism to also have positive meanings where society shares its wealth with everyone in that society.
Most every wealthy first world country has a significant taxation system that is inherently “socialist” IMHO. The individual is taxed, and the tax income is spent for the weal of all: on infrastructure, defence, social benefits, health benefits, etcetera. What word do you use for that concept?
I am from New Zealand, which is definitely not a failed state, where: “Total core Crown revenue for the 2018/19 financial year was $119.3 billion. Tax revenue [] totalled $86.5 billion in the 2018/19 financial year.” and “The three largest areas of total Crown expenditure for the 2018/19 financial year were: Social security and welfare: $34 billion, Health: $18.7 billion, Education: $15.3 billion”.
That is, in NZ, 3/4 of tax income was spent on “socialist” welfare state expenditures of education, health, and social services for the majority.
I know that is off-topic, but I just find how you frame your arguments to be severely biased.