So it seems like you're mainly objecting to the principles of socialism, period, rather than anything specific to the situations of Bernie or of the USA.

First of all, the minimum wage. It sounds like you've got a scenario in mind with the minimum wage increase: The minimum wage goes up, and more skilled wages go up to stay 'relative', and the business's operating costs increase, with no matching increase in its income. This means the business is no longer profitable and has to fold.

Where does the business get its income though? If this business sells anything to the public, then those customers all just got a raise. They have more disposable income, and they will do more spending. How much more spending? That's the real question here: will the increase in spending by the public outweigh the increase in payroll operating costs for businesses, or not? This is a question that lots of people have lots of theories about.

Here's what I do know, though. If you give an extra thousand bucks to a poor family, they will have spent all of it pretty soon. If you give that thousand bucks to a well-off, rich, or ultra-rich person, that cash may very well sit around as a liquid asset, or turned into derivative assets and go effectively unspent, for a year or a decade. What does that mean for you if you are a business owner, and those poor people are your customers?

Cash in the pockets of poor people, fertilizes the economy by giving businesses the gift of richer, spendier customers. Ten million bucks in the pocket of one person, will not keep ten grocery stores in business. No matter how rich the person is, they only have one belly. But ten thousand people with a grand each in their pocket? Sign me up to be a small business owner in that town please.