Socialism: Oil-Rich Venezuela Now Has to Import Capitalist Oil
Here's a hint there, Skippy: The problem isn't the people. It's the idea that you can put people "in charge."
In 2008, our economy took a major hit that impacted a variety of sectors, yet despite socialist governmental intervention in far too much of our economy, we held it together. We're still not fully recovered, but people were never starving in the streets and there was no need to consider forced labor, as Venezuela has enacted. There were no lynchings the government had to cover up, either.
What will it take for the rest of the world's power-hungry morons to comprehend that prices can't possibly be assigned by bureaucrats without waste? That it's impossible to be more efficient than a buyer and a seller reaching an agreement that works for both of them at a specific time and place?