The problem is that American culture has a permanent belief that any form of socialism is guaranteed to come alongside totalitarianism, and an end to liberty. Which isn't necessarily unfair to believe- the two have a history of correlation.
But the result of that fear it's a form of corporate totalitarianism. You're free to choose your fate, but the options were dictated ahead of time by those in power, those with wealth. And all of the options will give them more power, more wealth.
The system exists today, sadly, in a form where those with wealth and power are also able to strongly influence culture, beliefs, society. And once you control those, you can control a democracy.
But the result of that fear it's a form of corporate totalitarianism. You're free to choose your fate, but the options were dictated ahead of time by those in power, those with wealth. And all of the options will give them more power, more wealth.
The system exists today, sadly, in a form where those with wealth and power are also able to strongly influence culture, beliefs, society. And once you control those, you can control a democracy.