Shoe Factory Socialism Vs Capitalism

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If the picture didn't already explain what socialism is then I guess I'll have to do it. Imagine a shoe factory. There's 100 workers, 10 managers and an owner. The factory makes and sells $100,000 worth of shoes per week on average. It pays about $40,000 towards the workers' salaries, $40,000 towards the managers' salaries, while the remaining $20,000 become dividends*. The workers will probably earn a little above the minimum wage, the managers will earn about $200,000 per year, and the owner pockets about $1,000,000 per year doing absolutely nothing. The workers will do all the work, but are still basically paid with peanut shells all while having no say in the matter; the managers, on the other hand, are paid tons more to keep them in line. The market price of shoes shifts up and down randomly until we get to "recession", when the price of said product falls for a long time, forcing the factory to make a choice to save money at the cost of firing some workers and cutting pay for others. Laid off workers wound up homeless and unable to feed their

Now the workers earn $20 an hour, managers earn $75,000 a year, and there's no owner. Afterwards, we figure out how many shoes are needed and set the national price for them accordingly. The factory keeps on making $100,000 per week regardless of actual short-term demand. Since all of the stores will also nationalized, we can ensure that we're (the company) still paid. The excess shoes are to be stored away until further use; which will be soon. All the while, we adjust the prices and production levels every year. The money that originally went into the owner's pocket now goes to provide amazing benefits for workers like free healthcare and pension*. Finally, we'll try to make sure to give anyone who wants to work gets work. That's