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Comment by nnq

Sincere question: HOW? I mean, even if we assume a socialist economy is terribly inefficient, like operating at 50% of the efficiency a capitalist one, it still should be enough for sustaining a resource-rich country.

WTF they are doing so wrong?! Are they under intense internal or external sabotage? Corruption is so bad?

I mean, this is not some mid-African country with >50% of the population illiterate, bunch of horrible tropical diseases, plus children running around with guns and AIDS...

A country like Venezuela should "kind of work" even with corruption and inefficient socialism! What the heck is going on there?

parent nnq 10 years ago

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