Essentially, it’s the “life’s lottery” syndrome excuse for sloth and laziness of the users in this world.
You have wealth because you’re lucky, and even if you did work some for it, you were able to work for it because of ‘white privilege’ or some other speciously feeble excuse.
Couple this with the low expectations of socialism for its adherents and you have an experiment that might work for a generation or two. Work, that is, until the wealth is gone and pissed away, and there isn’t anyone making toilet paper any more, etc.
Every successive month, I find myself thankful I am old enough that I likely won’t have to suffer the inevitable final consequences of all this stupidity.
The interim results are bad enough.
As various products become scarce and as quality declines even further in the remaining products, the State will simply employ its flacks to deride the need for whatever can no longer be produced and the inculcated will make going without or utilization of poor substitutes desirable. Eventually, there will be a population that never knew anything different.