That Democratic Socialism is a good System

In his first paragraph, the Pro has stated that we should abolish the current ownership structure of today's corporations. There are several issues with this, the first one being the implementation. Will you make it a law that an enterprise cannot be owned by an individual, or that all workers in a company must own a particular proportion of the company? That is the first issue, that the current multinationals stock must be dispersed among workers. Do you propose that we just take trillions of dollars of stock away from company owners? And beat in mind that these aren't just the one percent, plenty of middle class citizens have thousands of dollars each in shares and stocks. The second issue with that proposal, is that it offers no incentive for a company to ever be set up. In every successful company, there has always been somebody, or a small group of people behind it, who have a vision of what their company will one day be. To say to all the entrepreneurs and visionaries that their company will be taken away from them, as well as control over the company, would be catastrophic. Why would somebody with a great idea set up a company, if they know that as soon as it expands, it will be run in a 'democratic manner', that is, all control will be ceded to the workers. The workers of the company aren't the ones with the long term vision, that resides with the founder and owner. The statement from the Democratic Socilaists of America states that it supports, 'as much decentralisation as possible', and state ownership of the steel and energy industries. You say that you agree with what they say, however, I would like to point out some flaws in their statement. Decentralisation as I have highlighted above, is a huge practical challenge, and will ultimately end in disaster. The very idea of putting the steel and energy industries into state hands is preposterous, as these industries have grown out of economic freedom. The beginning of capitalism, the industrial era, was founded upon manufacturing and energy production. The energy and steel industries are perhaps the largest, and most well established industries in the world, and should stay that way. I do believe that the energy industry is about to undergo a transition into renewable energy, which I strongly believe should happen. This will not occur under government ownership. Governments cannot turn an industry around like companies do, governments are not proponents of change. Governments have no incentive to run an industry well, but executives do. You say that democratic freedom can only occur in an equal society. Equality could be defined in two ways, equality of opportunity, and equality of outcome. I would like you to further elaborate upon which type of equality you believe in before I respond to your point, as I don't want to make any assumptions. The study that the Pro quotes from Princeton states that larger entities have larger sway. I see no problem with a big business having more sway than 'the average citizen', as a big business has more sway over people's lives, with the price of its products, and the people it employs. I believe that in America, you have a chain called Wal-Mart. This company employs hundreds of thousands of people, and I think that it should have far more sway over politics and government than citizens. It employs hundreds of thousands, and tens of millions of people shop there. There is no problem with the so called 'corporate interests' in government, as these corporate interests represent hundreds of millions of people. I did make an error in the final paragraph by not further explaining my argument. My case is that socialism fails everyone but the extremely small number who work in the government, who hold the ultimate power. Now that is an ultimate 'oligarchy' if I ever heard of one, an incredibly small number, perhaps only a few dozen, controlling the entire governmental and economic system of a nation. That is an oligarchy. Socialism fails everybody else, and it is therefore not the right system to use. Another problem with socialism and democratic socialism, is that despite the attempts to empower workers, it doesn't give them any actual incentive to work. A guaranteed equal system provides no reason to work, we would be left with a system where few people work, and those that do recieve the same as those that don't.