Borovan3 wrote:Venezuela's socialism is a failure. Whatever Trotsky has said rings true that if you have a system an agarian system that needs to progress fully to capitalism and then to socialism. Venezuela is a failure and has failed to promote a mixed economy like that of social democratism or mid socialism. The idea that dictators can clamp down on their economy, promote military propaganda and paranoia, while enforcing nonsense ideas such as protectionism, rent control, price controls on wages and goods and services and centralized state planning goes against the free flow of capitalism which will promote the welfare of people. Capitlaism has serious flaws and that's where government intervention and serious tinkering comes in like progressive taxation and not full fronted government takeover of critical public goods and services.
Didn't Trotsky believe that a nation could go from Feudalism to Socialism without first being capitalist?