Why Isn't socialism dead?
Good question, but the answer is that it's not dead because it offers total power to those at the top. My opinion is that's what Hillary sees in it, for instance.
And for those on the bottom; i.e., everyone else, it offers the promise of a PowerBall Lotto--the "chance" of a free lunch, free housing, free medical benefits, and guaranteed income for life.
The only thing is, there's no such thing as a free lunch.