More practical socialism a country, the more living conditions deteriorate and abuses of human rights are observed. One has only to see Cuba and North Korea that have degenerated into bloody socialist monarchies because leaders can not trust anyone outside their families. For cons, the introduction of the market economy elsewhere, notably in China, has led to a reduction in the level of poverty and a better quality of life for the population. Some people tend to cite Sweden and Finland as the country where socialism works. This is not true. None of these countries can not be considered as having practiced socialist or socialist policies. Socialism is government ownership and it is pretty small in Scandinavia. In the Soviet Union and Mao's China, and while everyone were considered the property of the state. True socialism is synonymous with public slavery.
The above is a French to English Google translated quote from Yuri Maltsev, Professor of Economics and former adviser to Soviet President Mikael Gorbachev as interviewed by Lemauricien.com (hat tip Circle Bastiat)