Scandinavia and the World
Scandinavia and the World

Comments #9785455:


Cupcake Tragedy 26 8, 9:35pm

'@Edhellas' Which monarchical asshole? Maduro...or Hugo Chavez? *canned laughter*

Churlishness aside, Venezuela was on its current course while Chavez was still alive, largely because of his dedication to socialist ideologies. When his reforms and "revolution" started showing signs of not working.going to far his response was always to double-down instead of backing off. Nationalizing the oil made sense (since it had basically been stolen out from under them) but nationalizing granaries because of imaginary conspiracies by farmers did not.

Really though, the word "socialism" is so broadly-defined as to be meaningless. It's basically any economy that exists in the real world.