Given that this was published in a CAtholic journal, I would guess that the author might advocate some form of distributism rather than socialism per se.
The key principle would be subsidiarity. You would not have that in any kind of large, impersonal bureaucracy, whether an agency of the federal government or "impersonal corporations." The person directing subsidiarity would also have to be a Christian above the age of reason. You don't necessarily have that in socialist government programs or large, impersonal corporations. There has been a breakdown of values as well as the expansion of impersonal bureaucracies.