Liberals-socialism is not liberalism-a liberal, all encompassing gov is needed to make changes in policy to create the playing field for the governed to create economies according to resources -in Venezuealas case oil is a worldwide bust so all the welfare freebies are gone-socialists are trained to take money from everyone and apply preventative regulations on business-and look at this poor woman
A new study finds Venezuela on the brink of famine, with an alarming fifteen percent of citizens saying they can only feed themselves with “food waste discarded by commercial establishments,” while nearly half say they have had to take time off work to search for food.
http://www.breitbart.com/national-security/2016/09/18/venezuela-15-percent-eat-garbage-survival/
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This has nothing to do with socialism. They have an oil based economy, so when the oil price dropped 2/3, the economy crashed. There was also a big drought this year.....another big factor is that they over valued their currency and this is causing big problems...
http://www.huffingtonpost.com/entry/venezuela-economic-crisis-expla...
yes it does-socialism ruins capital investment by over regulating and over taxing