I'm not taking any position on socialism here, but it kind of bothers me when someone says "I like/dislike something" when the truth is they do not understand the thing. The fact is that there is at least one major flaw in your understanding that makes your scenario not socialism.
In capitalism, you can say each brick is worth five cents - but in socialism, you don't get to choose the price of the brick. You have to figure out the exact value of their labor and pay them 100% of it. You don't get to make any profit off of the deal.
By making your workers follow socialist principles but skimming profits for yourself, honestly I think you were acting more like a Communist dictator than a real socialist.
There is also the question of whether you were violating child labor and minimum wage laws... no matter what system you were "playing" with, in the US you have to follow US law.
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