EverCurious
Gold Member
The issue is the autocracy that comes with end-stage socialism. They fucked up their economy with Chavez-ism, and their dogmatic mindset doesn't allow them to change policies to adjust to the current situation. They put politics over technological competence when it came to appointments in their oil industry, they ignored calls to re-invest in their oil infrastructure, and when push came to shove and supplies of foodstuffs became scarce, they doubled down on the command economy mantra with price controls that have done nothing to fix the situation.
The Western Democracies are democracies first, social/capital mixed economies second. They have inflated safety nets, but not the command economies found in true socialist states. They also don't have the people revolting against the current government, which is what is happening in Venezuela.
That's becoming debatable here in the US don't you think? The fourth estate has declared war on the sitting President, and we have one of our two major political parties actively trying to oust him as well... Pretty incredible stuff.