I think Brent is saying he expects it to fail, and thus become a example of what NOT to do. The only problem with that is whenever the socialists or communists fail, they redirect the blame and say it wasn't given a chance. How many times does communism have to be an abject failure before they will admit that it's an abject failure?
I think in many ways what we are seeing is a rehash of the French Revolution which was all about revenge with little thought about what comes next. The American Revolution was more successful because they spent years debating how best to "form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity."
But as Alexanter Tytler said, the death knell of a Democracy is when "voters discover that they can vote themselves largesse from the public treasury."