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Instead of working to make VZ better for everyone they took the course of vilifying one group at a time and confiscating the wealth which was then concentrated
by Shivetya 11y ago
Instead of working to make VZ better for everyone they took the course of vilifying one group at a time and confiscating the wealth which was then concentrated to those in power. They even did this to foreign companies which had made investments there.
Eventually they ran out of other people's money. While not the fault of socialist policies no government ever really executes them because those in power still see themselves above the people and refuse to live under the same conditions.
This is not a socialism issue, any government run by the corrupt can end up here. It is more a failed form of fascism which also occurs in the US