Think about it...Soros, the CEO's of Microsoft, Netflix, Google, Facebook, and on and on. Why are they all in on socialism if it's so bad for the ultra-rich?
Answer: Because it's best for them. It allows them to control you by keeping you poor and dependent on the government dole with no hope of pulling yourself out of it.
Free enterprise, free thinking, and freedom of choice are all diametrically opposed to socialism and that is why the 1% espouse and advocate it.