Ask anyone who has lived in Socialist countries what that leads to
You mean countries where tax dollars build and maintain public roads?
Where tax dollars build and maintain public schools?
Public hospitals?
Provide clean drinking water to your tap?
Electricity to your house?
Provide pension plans where one can dream of retiring at some point?
Every developed country, and some undeveloped countries, have these socialist policies in effect. And no, society is not going to collapse because of it.