Welcome, and thanks for the comment. I'm afraid that I passed no comment on socialism, only on the false implementation of "free-markets". But I would have something to say about the points that you point out.
People as a whole should be encouraged to work. It helps the economy and it helps the individual.
Very few people would dispute this. However, the problem is that most "work" in the modern world is lacking in substance and meaning to both individual and society. Most of it can be politely classed as "passing time" until you retire, and making non-productive time sinks for "job creation". Essentially, the adult equivalent of "busywork" that you would ordinarily give to children to keep them out of trouble... actually, it serves exactly the same purpose.
The job of the government is not to help individuals fix their mistakes in life. No matter how much they try they'll just end up making things worse..Longer lines for food stamps time that could have been used more productively.
My experience is likely different to yours (due to living in different countries and governments) and governments have much more to do than provide a welfare net (which is necessary to some extent). I would say that the purpose of governments in regulation/markets is to shield the citizens from the powerful. It is a balance of power situation... ideally, there should be no need for a government "stick", but we know that companies do not have the interests of society and individuals as their driving priority.
Lol...That's a hard pill to swallow for people who think they'll make anything of themselves though
You are very right though...I heard a lot about all the insider trading that happened before COVID and people lost their money as those who knew what was going on selling. If these companies had the chance to sell us air they'd happily do it. Its just that, I think the government these days are so distracted distracting people that they don't see all the bad these companies are doing until its too late.
Nice post again.