The Socialist method of wealth redistribution begins with the confiscation (government stealing) of private property and businesses by changing the ownership from privately owned to owned by the people (State owned).
Next, existing corporate managers are replaced by Party members who cut costs by limiting worker incentives. A move that eventually leads to a decline in corporate and national productivity, followed by shortages, higher prices, and increased unemployment and/or lower worker wages.
Shortages threaten stability. Socialist party leaders continue to live lavish lifestyles, while workers struggle to keep their families fed. This disparity drives workers to threaten a revolt. Which in turn, causes the socialists to call on their secret police to quell the threat. That works initially, but it only makes the workers angrier and gives them even more reason to revolt.
Socialist leaders save themselves from Worker revolts by allowing people to own property and businesses. Collective farmers are given their own small plots of land, urban workers the right to open shops and own their own apartments. This causes an uptick in worker production and stabilizes the country’s crumbling economy.
Then Socialist leaders redistribute wealth by simply re-privatizing state-owned assets. The leaders assume ownership of banking, manufacturing, resource production facilities and large enterprises. Other assets of lesser value are distributed to their underlings, according to rank. Russia and China are prime examples. Redistribution has made hundreds of Party leaders instant billionaires, and thousands of family and ranking party members over-night millionaires. Everything the workers thought they owned vanished.
After redistributing the wealth, socialist party leaders secure their power and wealth by becoming dictators.
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