The premise of socialism is to take away from those who work for a living a give to those who don't. Are you more entitled to my money than I am? Do I owe you free health care? Do I owe you free maternity leave? No. Self responsibility means rather than waiting in line at the food stamp office you get a ******* job and support your family.
When you overprint a fiat currency it loses value. When you overspend a fiat currency you have to print more in order to pay your debt, decreasing the value. When you become socialist because of the economic consequences of over printing and devaluing you only amp up the destruction to make the final crash worse when it finally comes, and it ALWAYS comes.