The US Government backed to Oil Companies denying Venzeual the ability to operate the oil fields and refineries. It has been going on for a couple of decades. These are the same oil companies that worked with the rich capitalists that stripped Venzuala of their entire economy that brought the original Revolalution into being in the first place. That "Wonder" years that you keep pointing was wonderful for the unlta rich but the average person was hungry, ill educated, unemployed and less. This is why they were sent packing. Unchecked Capitalism without any regulation means that this is what happens. As I said, Chavez could handle it but after he died, Meduro isn't a pimple on Chavez's ass. There was only one Chavez. He used socialism to put things back on track and prevented the corruption from returning. Meduro didn't know how to do that so he ended up moving to Dictatorship. The other option was to have another revolution. And that is still an option.
You keep not allowing Capitalism to accept it's role in this disaster. Unchecked Socialism used as a Government is just as bad as unchecked Capitalism used as a Government and both end up disasters. Neither one can be used for a Government.
That's the usual load of leftists horseshit when their god socialism is criticized. Most of the countries in the world are full of people who are hungry, ill educated and unemployed. Blaming the adoption of socialism on that is a diversion.
Capitalism isn't what causes poverty. The lack of capitalism is what causes poverty. The government's of all third world countries are profoundly corrupt. Whenever someone tries to start a business, there's a mountain of paper work and regulations to wade through, and then there is a line of government officials with their hands out.
Chavez didn't put things back on track. He sent the Venezuelan economy swirling down the toilet bowl. Things looked good to the poor for a short period while Chavez was looting the country's wealth, but the birds came home to roost, and when the money was all gone, they began starving. That's what always happens under socialism/communism.
Yeah, it's the fault of capitalism that Chavez ran off the people with the technical know-how to find and produce oil. What a laugh. Funny how that never happens under capitalism.