In a village while rest of the villagers are lazing off, one farmer plows the land, sows seeds, grows crops and harvests it. Once it is harvested, rest of the village ask for their share because wealth is to be shared by all. Farmer declines and points out rest of the village wasting their time while they could've grown their own crops. They try to make the farmer feel guilty for not showing compassion. When he still doesn't budge, they pounce on the harvest and loot the farmer. Why?! Because, the land he grew on it is a natural resource and belongs to every person on earth.
Now, isn't that a fair world filled with compassion?! Well, that's what "socialist democracy" is in a nutshell.
With looting happening across US and Canada, just kept wondering where did our generation went outrageously dimwitted. Some of the journalists are justifying the loot and arson. It is very depressing when we reduce to a bunch of uncivilized brutes who have lost any sense of morality and conscience. More importantly basic intelligence.
If I sound ridiculous in the farmer's example, ask yourself if you're being ridiculous when you find yourself agreeing and getting carried away by someone complaining about 1% of population owning so and so percentage of wealth in a country. As a matter of fact, you are!
Look at this example, in 2013, Top 5 companies contributed 16% to Bharata's GDP. Isn't it obvious these companies are owned by individuals directly (Reliance) or indirectly (TATA Sons) and hence the wealth that comes with it?! If they decide to sell it off and distribute their net worth, those companies will worth rubble. Why does so many of our generation don't understand this simple concept is beyond my comprehension!
Some reference readings: