I imagine the downvotes are for your generic use of "socialism" instead of a more descriptive "Eastern Bloc Communism" or similar. Socialism can be implemented in many ways, just as capitalism can.
But, your point still stands. The flavor of socialism encountered in the Eastern Bloc from post-WWII to the 90s was by all accounts completely dysfunctional.
But, your point still stands. The flavor of socialism encountered in the Eastern Bloc from post-WWII to the 90s was by all accounts completely dysfunctional.