Actually, it is socialism. If it hadn't been for the increase in power for government that socialism requires, this situation would probably have been averted.

Actually, it is socialism. If it hadn't been for the increase in power for government that socialism requires, this situation would probably have been averted. I believe this is one of the reasons why centralization of power in the hands of a government should be avoided as much as possible. If you think some of your government officials don't have the same thirst for power that would eventually lead the country in a path similar to that of Venezuela's, then you're putting too much faith in humanity.