A Socialist's critique of Socialism

I have been reading “The Naked Communist” by Skousen. Very scary considering what we are going through. One quote was very fitting:

A leading Socialist in Britain, Professor W. Arthur Lewis, openly acknowledged that socialism had been a great disappointment in England: “What has been done…is to transfer property not to the workers but to the Government. Workers continue to be employees, subject to all the frustrations of working under orders in large undertakings…Those who expected nationalization to raise wages have…been disappointed…It does not solve the problem of labor relations: it reduces private wealth…it raises unsolved problems of control; and it raises the issue of how much power we want our Government to have.”
“U.S. News and World Report,” “Socialist Sour on Socialism,” July 8, 1955, p. 48