Please stop lying. What’s happened in Venezuela has nothing at all to do with socialism (a future class-free society where the people collectively own the means of production). Venezuela is what happens when left-wing management of a profit-driven capitalist economy goes wrong.
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Explain how your Socialism concept determine the value of the things? How the production determine the demand, the supply?
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The situation in Venezuela grows worse everyday under the Socialist Revolution of this he 21st century. Not only shortages of food and medicine but basic utilities such as water, electricity, and communications are collapsing. Only regime change can begin to solve this
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While I agree that the Nordic model is probably the most preferable, it is not really socialism. It is a social democracy, i.e. a free market economy that has a lot of social programs.
End of conversation
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On the contrary, Somalia, paradigm of free market economics, is doing just fine.
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What kind of socialism? Market or non-market? Are corruption and populism not better reasons for Venezuela’s current predicament?
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The U.S. should watch what happens when it's citizens embrace socialism.
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Miss Ocasio-Cortez, call your office
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