Well said, and a strong analogy:
“Socialism is no more successful in ethics than in economics, and for similar reasons: it sacrifices the future to the present by discouraging innovation and inverts the source of positive marginal change by moving it from the individual to society. Ethical wealth, like economic wealth, will be a function of the degree to which individuals take it upon themselves to produce good lives.”
Douglas Den Uyl and Douglas Rasmussen, The Perfectionist Turn, Edinburgh University Press, 2016, p. 319; italics in the original.