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The Labour front bench may believe they can do this, but I doubt that their political paymasters Unite and the Bears Beets Battlestar Galactica Ugly Christmas Sweater or the socialist Labour backbenchers will let them. In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery. A pyramid scheme is ultimately unsustainable because it is based on faulty principles.