We would still have the same capitalist economy we have right now with private property, profits, working for money and profit, private ownership of capital and

We would still have the same capitalist economy we have right now with private property, profits, working for money and profit, private ownership of capital and the means of production, ect. It's not socialism at all, unless you are saying that every income transfer program (such as social security) is socialism (in which case you are saying that politicians like President Obama and Hillary Clinton are socialists).