Ok let me attack this from a different angle.No, I'm not.
We're talking about a purely socialist society here. See the thread title.
The State own and control most (if not all) the means of production. Private property ownership is severely curtailed (if it's allowed at all).
To do the above, the State requires oppressive and all-encompassing legislation and powers. Powers to stop you from doing things, owning things, forming groups with like-minded people etc.
Leaving aside the invariable tyrannical nature of such a State (and we Liberals have been warning everyone for centuries about what happens when a State has too much power) there is the unavoidable fact that as you increase the amount of 'Socialism' your Nation becomes more stagnant, innovation is stifled, and personal liberty is curtailed.
When you get all the way to full blown Communism, you wind up with... well look around at literally every Communist nation that has actually existed ever. You can see what you wind up with.
Conversely, every single time a Communist/ Socialist State has gone the other way and wound back Socialist practices and laws (Vietnam, China, East Germany, Poland, much of the former USSR) its economy (and the quality of life for its people) drastically improve.
You can literally see the difference with East Germany vs West Germany, China v Hong Kong/ Taiwan, North v South Korea and other examples.
Same country, same people, same starting economies side by side. In every example the Capitalist versions produced better outcomes (economic development, personal freedoms, Human development, purchasing power, etc) for the people of the Capitalist countries over the Socialist versions, and it wasn't even close,
Socialism doesn't work. Marx is right up there with Freud as a great thinker who is often cited (and looked on with a level of reverence) but his theorems (like those of Freud) have been widely debunked and falsified with time.
Explain what happened with Workchoices then.
Landslide election victory, Government booted from office, now the Coalition are too scared to even say the 'W' word in public.
Corporations might have the money, but we have the vote, and Politicians answer to us, not the Corporations.
What do you see as the difference between socialism and communism?
Here’s what dictionary.com has to say:
Socialism is a social theory. It theorizes that a collective cooperation of citizens will make all governmental institutions public. For example, no one will receive a healthcare bill when going to the doctor because they, and everyone else, have paid a hefty amount in government taxes. That’s where the collective cooperation comes in.