“In socialist countries, the only people who own high-value assets are the socialist rulers and their loyal cronies. Because there is little upward mobility under socialism, socialist societies are characterized by two economic levels: a small, immensely wealthy ruling elite at the top, and at the bottom, the low-income masses forced to obey the dictates of their socialist masters. A large and prosperous middle class like what we have in America does not exist in countries with a single-party socialist rule.”