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This is forgetting the fact that we already socialize several things in our society. We've agreed that national protection is necessary, so if you're a citizen of most countries, you're paying taxes that pay for a military. We could very easily socialize food as well.

Take social security for example - it will provide some level of retirement, but you won't be living a life of luxury. There is no reason why we can't apply this model to food, healthcare, water, electricity, etc (and in certain circumstances, we often do.) This doesn't mean that those on medicare are being cared for while doctors are held at gunpoint, it means that we use taxes to do a tiny bit of taking care of people.

We're a society beyond real scarcity, only artificial scarcity. Our productivity levels over the last few hundred years especially has increased exponentially. Just since the 40 hour work week was standardized upon, we've made leaps and bounds but been allowed to realize none of those gains.

We're so brainwashed in the US we don't even realize that quite a few other countries already do these things more successfully than we do, and pretend like there is no other possibility.