Socialism in every respect is the Vedic way , a system of governance that produces social and spiritual mobility based on the self-evident truth of the equality of all beings and their individual rights . The Vedic intelligentsia see to it that education and opportunities are readily available,  the highly cultured share their good fortune. At times in every culture the intelligentsia are challenged by those of lower grade consciousness,  but the best of men and ladies must be educators because the best of the best of life’s opportunities must be taught in society to everyone.  Lower consciousness and lower lifestyles can be facilitated but carefully administered .
The Vedas covers all practical topics in life , for instance,  it allows for honest, free market economics that are  primarily locally based , with only essentials needs imported .The Vedas encourage countries to depend on themselves,  not interferences from other nations, so one looses independence.
Capitalism is sold as free market economics but is not so , monopolies are the global conglomerates strategy , they want everyone to depend on them .Their narratives are cheating the public and other leaders of countries. They say that their capitalism is creating wealth for all the world and lifting it out of poverty , quite the opposite. Truth is, nature provides everything for every creature , every one is fed , clothed, and housed and live happily when they remain closely aligned to natures ways and relying on localised economies and localised workforces, 

Worldwide trading has become so ludicrous that someone in the UK exports popcorn to the USA .  A person buying his bread in the UK has it brought by a  lorry hundreds of miles away  from his hometown , and the wheat is imported from a country thousands of miles away . The major financial systems have become far too centralised and monopolised . The stock and currency markets, as well as worldwide commodities market and currency markets, have been designed to suit a few insiders and are clearly currupt. The world is so very, very far from free markets . Central government allows light touch regulations ,  and plenty of instant internet trading goes on with shares rising or falling in micro seconds. For those who actually monopolise such markets, they are doing very nicely, thank you . They effectively have centralised capitalism and  world wide financial industries working with unintelligent governments  control Capitalism lock stock and barrel. This currupt system has been sold as the idea  greed is good and that the benefits of greed will trickle down to everyone all over the world. The reality is entirely different . Such ruthless capitalism benefits the most greedy of persons at the cost of the environment , it  causes unfair trade deals , it causes poverty and wars with every country fighting over limited resources that will inevitably run dry in no time.  Such unfortunate worldwide situations are instigated by the capitalist and their political freinds , who they sponsor. Currently, these demons are desperate for precious minerals and precious earth , essential for computer science.
The unthinking capitalists should never have a free run and have any influence in politics. Rather, the Vedic societies were thankful for money makers who built economies, but they were  legislated against , when encroachments  were seen to be happening in any circumstances immediately it was halted .
The communist idea was utilised in Vedic culture but in the sense of the equality of all beings , and the truth that ultimately everything is the property of God , and needs to be used in harmonious ways , but at the same time ownership was encouraged along with sensitivities and care , greed and encroachment were a no no .
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