What is the advantage and disadvantage of socialism?

Answer 1

Advantages--people's needs are a priority. Food, housing, education and health are paramount in a socialist society. You would not have million dollar mansions subsidized and lying vacant while homeless people abound. If you are poor you can get required medical treatment. Education is free and available to all.

Disadvantages--Corporations and rich people are not the priority in a socialist country; they would pay a considerable tax so that the above advantages can be realized. You could not develop a piece of land in opposition to people's wishes in the community. If you have resources you are expected to pitch in for the less fortunate. Taxes will be higher. Corporations would be subject to democratic control.

The above is an idealization; the practice in reality probably varies.

Answer 2

The disadvantages would be having kim jong il's pube in your ceasar sallad, the advantages would be living in section 8 housing with farm animals.