KlassWar wrote:Venezuela doesn't have a Stalinist economic model. The model of state capitalism PSUV has sort of managed to implement is arguably to the right of Tito. Titoism ran on cooperatives and union-run public companies, Venezuela isn't much to the left of a social-democratic postwar consensus kinda social democracy.
Statecapitalism was first introduced by Saddam Hussein, Big Companies belong to the state, with a normal private economy, now in PRC it comes to its full developement
Venezuella has many stateowned companies, but it has regulated prices... it is somedifferent
Yugoslawia, had nearly all companies except small family busines stateownend(by workers), but it they could go bankrupt, it was called Market-Socialism.
Stalinism had the problem it worked well for heavy industry, but failed in Farming unlike Leninism which worked extremly well, even better then under Capitalism...
Ludwig from L'Orreal and Drago from FSB say once hy to your dad (Halil Zaljevic Facebook), An Bosnian Mercenary