It’s not

it is

It is for a start

venezuela is capitalist

lol

No it’s not

For one

workers do not own the means of production

the market does

It’s over controlled by the state

And that’s not how socialism is defined

it is

It’s either collectively owned by the state or workers

And second of all, even though the industry was totally private. Which means not state run and run for profit.

Is socialism

and the state controls it

socialism is when the workers own the means of production

regulation/ownership

Because the state controls the economy through strong intervention

Socialism isn’t just when the government regulates companies

Socialism is where the MoP is collectively owned by the stage or workers

I never said that

I said the state over controls the economy

Which it did in nazi Germany and Venezuela

It’s when companies are destroyed and either replaced with state run industries or become worker controlled

And the fact that Venezuela’s economic freedom is below repressed

Preferably the later

Latter*

@Diode or over regulated

>economic """""freedom"""""

which it was

yes economic freedom

It’s not regulating businesses that already existed and were created under capitalism

doesn’t matter , it was OVER regulated

By the state

Which were exempt from a lot of tax and were given a lot of benefits to keep them on the nazis side

Business freedom would be repressed