Did the original church perform socialism?

[Sabby]

Originally Posted by onefaith2

Acts 4: 32Now the full number of those who believed were of(AZ) one heart and(BA) soul, and no one said that any of the things that belonged to him was his own, but(BB) they had everything in common. 33And with great(BC) power the apostles were giving their testimony to the resurrection of the Lord Jesus, and(BD) great grace was upon them all. 34(BE) There was not a needy person among them, for(BF) as many as were owners of lands or houses sold them and brought the proceeds of what was sold 35and(BG) laid it at the apostles’ feet, and(BH) it was distributed to each as any had need. 36Thus Joseph, who was also called by the apostles Barnabas (which means(BI) son of encouragement), a Levite, a native of Cyprus, 37sold a field that belonged to him and brought the money and(BJ) laid it at the apostles’ feet.

Now to the above some have argued that the Bible actually condones socialistic government or rule.

How do you think the above scriptures compare with socialism at its core?

In what ways are the above scriptures different from socialistic rule?

Good questions.
Does the bible condone socialistic government? I believe the Church in Jerusalem was somewhat socialistic but they were very unique in that they already had a cultural and religious identity with YHWH as they understood Him through the Holy Scriptures.