Actually a prominent Rosh Yeshiva zt”l who grew up in Europe and saw the destruction socialism wreaked explained to me the following.
In Europe the level of :poorness” was something we could not understand people literally had barely enough to eat and had to work unbelievable hard for what they did have.
Communism/socialism came along and promised them from now on they would have what to eat and would no longer have to work so hard. Life would be good.
So he explained there was a tremendous Yetzer Horah,
Now in America when he explained we all have “breakfast like a king” and the Yetzer Horah of Socialism is much less.
What is sad to me is to think that we have become so spoiled from the wealth that the Capitalist system has created raising the American standard of living to untold heights that we have forgotten what suffering Communism/Socialism brings.