Summarize in bullet form the practical vices of statism with its foundation in collectivism, and with its individual rights violations and unlimited government

cronyism is rampant,
monopolies are sustained,
political inequality rules the day as access to political power is limited to those with money and connections,
politicians successfully exploit envy with collectivist slogans,
society faces slow stagnation and eventual demise,
the safety net is of the one-size-fits-all variety and not very safe at all,
the unfortunate and underprivileged are left behind,
recessions are severe and more frequent than under capitalism,
K–12 education is of poor quality and not subject to the quest for the unimagined
housing is frequently unaffordable,
higher education is expensive and almost required,
inflation is a constant threat,
conflict and war looms,
natural disasters, including pandemics, have severe impact,
taxes are ubiquitous,
infrastructure investments are misallocated,
immigrants are often a threat and political pawns,
the environment suffers, and
racism and prejudice are institutionalized.