when rich pay taxes to support poor - socialism.
when poor pay taxes to support rich - feudalism.
The monster that is emerging its head worldwide is neo-feudalism, not socialism or capitalism. That's why political parties, or political ideologies lost sense and touch with reality some time ago. They try to explain the world that they have no tools to explain - feudal world.
feudalism was destroyed by capitalistic revolution (French revolution) which in turn was questioned (not destroyed) by socialist revolution called Bolshevik revolution. The cycle begins from the start again, next in turn in morphed feudalism. And this system is to be addressed by the values of the French Revolution AND Capitalistic Ideology. Socialist world of politics that we live in has no good answers to the threat of neo-feudalism. The answer to neo-feudalism is in capitalism.
Just saying. Would love to see a Revolution with people reovolting against their feudal masters (the 1%).