Sounds like an oxymoron to me.
I am fairly astonished - this is a fairly obvious definition of modern social democracy / social liberalism?
Old, collectivist socialism was about common social goals of basically the pyramid-building type. Enter liberal individualism. Everybody lives for their own goals. At some point people realize that the current distribution of wealth does not lead to the maximization of individual goal achievement. Some people want to be artists, but it is hard to make a living that way unless you are really good. Some people want to play the business mogul, but they own five businesss and they could still play it if they owned only one. So four (or their profits) can be redistributed to the artists. Of course it is a highly theoretical unreal example, but just making a point. Socialist, because the wealth belongs to the society, not the individual, can be spread around. Individualist, because the goal is not pyramid-building but enabling individuals to get the resources to live as they want to.
Sort of look at like this: individualism is people living for hobbies, personal goals, not socially determined duties. Socialist wealth redistribution is about enabling more people to live for a hobby instead of doing what it takes to make a living.
Disclaimer: not an endorsement, but a description of other people's goals
Some people want to be artists, but it is hard to make a living that way unless you are really good. Some people want to play the business mogul, but they own five businesss and they could still play it if they owned only one.
It seems to me that this rests on a bad model of motivations. Not bad because inaccurate, though; it's a simplified model but it's about as accurate as any equivalently simple one. Bad because it creates bad incentives.
I've met a ton of people that want to be artists, i.e. to fill the social role of "artist", and I've ...
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