True, though I was referring socialism in general as the system. Yes we don't know how it could have turned out, but we can estimate the results by looking at

True, though I was referring socialism in general as the system. Yes we don't know how it could have turned out, but we can estimate the results by looking at the failure of the other socialist systems that were tried in the 20th century. By economic freedom I mean the measure of freedom from coercion to spend your money. All governments must collect taxes, but the more you are forced to pay in taxes the less economic freedom you have. If you can spend your money how you like, and if you want to save it to fund your own or other's political activity, you are more able to campaign for your political freedoms. This seems to be how Pinochet was removed from power.