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We have modern Venezuela as a ripe example.

• aspenmayer 5y ago
  I’m not sure that is the same. Would you consider Venezuela a democracy?
• sudosysgen 5y ago
  Modern day Venezuela has a larger amount of private, for profit economic activity and employement than France. It's meaningfully a socialist economy, just an insanely corrupt mixed-market economy with a government pretending to be socialist to keep power.
  • throwaway0a5e 5y ago
    > Modern day Venezuela has a larger amount of private, for profit economic activity and employement than France. Is that supposed to reflect well on Venezuela or be a slight at France? Because Venezuela isn't exactly doing to hot in the economics department right now.
    • sudosysgen 5y ago
      It's not supposed to reflect well on Venezuela, nor supposed to be a slight to France. I'm just saying that Venezuela is not an especially socialist economy. Here is a source: https://www.ceicdata.com/en/indicator/venezuela/private-consumption--of-nominal-gdp https://www.ceicdata.com/en/indicator/venezuela/private-cons... Compared to: https://www.ceicdata.com/en/indicator/france/private-consumption--of-nominal-gdp https://www.ceicdata.com/en/indicator/france/private-consump... As well as https://www.ceicdata.com/en/indicator/venezuela/public-consumption--nominal-gdp https://www.ceicdata.com/en/indicator/venezuela/public-consu... Compared to: https://www.ceicdata.com/en/indicator/france/public-consumption--nominal-gdp https://www.ceicdata.com/en/indicator/france/public-consumpt...
      • throwaway0a5e 5y ago
        That makes more sense. I thought you were claiming that the overall dollar amount was larger.