No, it isn't. You conclusion is far from logical, and you have no clue what socialism means.
American capitalistic anti-Russian propaganda from the 50s-70's is still at work, it seems.
Henri de Saint-Simon came up with socialism as an opposite to individualism. Individualism being the false dea that everyone is isolated and don't impact the lives of others.
Karl Marx, note the 'K', came up with, wait for it...Marxism. dun dun duuuuuun
I learned the in public school. I guess that's the advantage of being educated in the American Public system before 'conservatives' started spreading lies and FUD in order to stop funding it properly.
To compensate for inflation, the average cost per child should be double what it currently is.