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Bernardo de La Paz

(48,988 posts)
7. Venezuela is effectively Communist. Democratic capitalist socialist it is not.
Thu Jan 10, 2019, 01:01 PM
Jan 2019

Venezuela is not democratic. It is close to one party rule. Elections are corrupted and there is not a free media. Maduro was NOT elected in free election.

Venezuela is communist. It is a command-and-control economy. Prices are strictly regulated. Production is monitored and allocated centrally. Shortages are rampant. Command-and-control is not socialism.

It is not capitalistic like Scandinavia, Canada, Europe, and many places that are clearly socialist or socialist in comparison to the US.

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