What is Communism/Why or why not socialism

Why Socialism
Socialism proposes a societal structure where resources and means of production are collectively owned, aiming for equitable distribution and ensuring that everyone's basic needs are met. The core idea is to reduce economic inequalities and create a fairer society. Some of the key arguments in favor of socialism include:

Economic Equality: Socialism strives to reduce the vast economic disparities present in capitalist systems. By redistributing wealth and resources, it aims to ensure that no one lives in poverty while others accumulate excessive wealth.

Universal Access to Basic Needs: Socialism advocates for the provision of essential services such as healthcare, education, and housing for all citizens, ensuring that these are accessible regardless of an individual's economic status.

Democratic Control of Production: Under socialism, the workers have a say in how businesses and industries are run, promoting democratic decision-making in the workplace.

Reduction of Exploitation: By eliminating private ownership of the means of production, socialism seeks to end the exploitation of workers by capitalists who profit from their labor. Focus on Human Welfare: Socialism prioritizes human welfare over profit, aiming to create a society where the well-being of individuals is the primary concern.

Why Not Socialism
Despite its ideals, socialism faces significant criticism and skepticism. Some of the primary arguments against socialism include:

Economic Efficiency: Critics argue that socialism can lead to inefficiencies in the economy. Without the profit motive, there might be less innovation and productivity, potentially leading to stagnation. Individual Freedoms: Some believe that socialism may impinge on individual freedoms by placing too much power in the hands of the state, which could lead to authoritarianism.

Bureaucratic Overreach: The centralization of power in a socialist system can result in a large and cumbersome bureaucracy, which may be inefficient and unresponsive to the needs of the people.

Historical Examples: Critics often point to historical examples where socialist systems have failed, leading to economic decline, corruption, and lack of political freedom.

Human Nature: There is a belief that socialism is incompatible with human nature, which is seen as inherently competitive and self-interested. Critics argue that people are motivated by personal gain, and socialism undermines this motivation.

Indeed, why not be satisfied with a society where everyone has basic needs generously provided with minimum exertion of personal labour?

This question assumes that humans are essentially creative and, when socially necessary labour demands little of their free time, they strive towards self-actualisation. The idea is that if people are freed from the pressures of survival and menial labor, they will pursue personal growth, creativity, and community involvement.

Given the above, the assumption is that from this grassroots freedom-condition, a maximally free society will emerge. Spelling out in detail what the various institutions and their interactions will be is a design step too far. Instead, the focus is on creating the conditions for freedom and equality, allowing society to organically develop structures that promote these values.

Advocates believe that such a society would not only be more just but also more innovative and culturally rich, as individuals would be free to explore their passions and contribute to the community in meaningful ways.