so what is exactly wrong with socialism?

[dreamnightwind]

14. Financial industry among others

So you're just fine with the capitalists running the banks and the run-away power of our financial industry? Capitalist influence on foreign policy and private contractors that lobby for more military adventurism to have more weapons systems to develop and profit from? I goes on and on, industry after industry. Capitalism for the rest? You're entitled to that opinion, I don't share it though.

Edit to add perhaps the most obvious example of the problems with capitalism is the environment. How do we set a price on the externalized consequences of environmental destruction? I've seen some very half-assed attempts to do this, which are better than nothing, but they are basically a joke, they don't even approach slowing down environmental destruction, which is on a seemingly unstoppable path to destroying everything we know and love.

How do live sustainably in a capitalist system? The truth is we have no clue how to do it, it might be impossible. And nobody seems to care or notice. Even today, on the eve of disastrous environmental tipping points, serious effort to reform capitalism to the degree that would be necessary to live sustainably is unthinkable.