A couple years ago when Venezuela was riding high on the hog people couldn’t wait to talk about this triumph of socialism. Now that reality’s set in, as usual,

A couple years ago when Venezuela was riding high on the hog people couldn’t wait to talk about this triumph of socialism. Now that reality’s set in, as usual, it wasn’t real socialism. https://www.salon.com/2013/03/06/hugo_chavezs_economic_miracle/ https://www.salon.com/2013/03/06/hugo_chavezs_economic_mirac... The money quote: > When a country goes socialist and it craters, it is laughed off as a harmless and forgettable cautionary tale about the perils of command economics. When, by contrast, a country goes socialist and its economy does what Venezuela's did, it is not perceived to be a laughing matter - and it is not so easy to write off or to ignore.