Socialism has no middle class, The bourgeoisie, or middle class is the primary target for destruction under socialism.
Socialism is essentially a restatement of feudalism, an elite of less than one percent of the population rules over the masses and distributes the spoils as they see fit.
Baron or ACA Czar, it is the same - nobility established by the ruler to control the peasants. Hapsburg or Clinton, it makes no difference, an elite by family who rules by merit of blood.
A free market plays no favorites, the best and brightest win. Socialism is nothing BUT favoritism, boon granted from one ruler to their subordinates, who grant boon down the line.