If what you refer as "socialism" is "democratic socialism" or "social democracy" stop calling it "socialism" because it's not. Even more, stop calling it "democratic socialism" or "social democracy" and start calling it "welfare capitalism" because it's without a doubt right wing economically. Calling it "democratic socialism" or "social democracy" gives credit to socialism for the accomplishments of capitalism (at least in its terminology).

Socialism, just like communism has 100% failure rate so far.