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Really? Right now, America's the only first-world socialized democracy that doesn't have taxpayer-funded universal health care - which is a VERY socialist thing, I think you'd agree. Thing is, America's in 30th-something place when it comes to the list of nations by life expectancy...and almost every one of the nations with longer life expectancies have that oh-so-socialist universal health care...and NONE of them spend much more than half in taxpayer dollars on their health care as we already do.
So if socialism is a philosophy of failure, explain why all but a few of the first-world nations are socialized democracies...and why NO nations with weak governments, low effective taxes, and little regulation are a part of the first-world community.
The reason it is a philosophy of failure has nothing to do with mechanisms by which various countries fund medical care. It is a philosophy of failure because, as a general rule, being the neediest and crying the loudest gets you the most attention, being the worst off entitles you to the most, being the least healthy gets you the most care, and so forth.
In systems you appear to espouse, you get the greatest social return by failing the hardest. You get the worst social return (taxed the most) by succeeding.