Actually socialization concentrates power more that capitalism, it just concentrates the power in the hands a few bureaucrats and politicians.

When people have no choices or options.. it doesnt work out in the end. In a free market, when a bad industry collapses it can and will be reborn, in a socialized or interventionist system, collapse has large repercussions. And more often, collapse is prevented, perpetuation a stagnant, inefficient system.

For who could be free when every other man's humour might domineer over him? - John Locke (2nd Treatise, sect 57)