Sounds like Bolivia has some state resource monopolies and a medium-sized welfare budget. Hardly what I'd call "socialist". Venezuela is a real socialist planne

Sounds like Bolivia has some state resource monopolies and a medium-sized welfare budget. Hardly what I'd call "socialist". Venezuela is a real socialist planned economy. > described as moronic rather than socialist. It's both. You won't starve no matter how economically illiterate or malicious your government is if you don't let them set the prices of food and control trade.