I’m not sure if I spelled this right, but it’s close.
An interesting analogy of Socialism is Durrestad. It was a market town at the mouth of the Rhine very roughly 1,200 years ago. The Vikings raided it annually for a number of years. Eventually there was nothing left to steal, so the town was abandoned, and eventually disappeared.
Sooner or later, someone has to produce something, and if you take everything they make, they stop making it, or they make it somewhere beyond your reach.