Wolseley wrote on Jun 27
th, 2016 at 10:47pm:
There are failed Capitalist countries too, and Communist ones. It's not hard to find failures. The problem with Venezuela seems to be to me to be more a problem with humankind in general. Socialism, or to take its more extreme form, Communism, requires everyone to work towards the common good. Unfortunately humans are not like that. It is more often a case of “what’s in it for me?”. In the case of Venezuela a lot has gone wrong. One of the major problems there has been corruption - that and outright incompetence. Socialism has no chance in such an environment, hence the failure.
Socialism has no chance in ANY environment, and you just explained why: "Socialism, or to take its more extreme form, Communism, requires everyone to work towards the common good. Unfortunately, humans are not like that."
It's the same reason utopian societies inevitably fail -- because it's human nature to want to improve yourself, not to spend your life settling for mediocrity. So, competition is inevitable, but competition is what leads to improvement.
Recent developments in Cuba make a mockery of the old Communist revolution. As CBC News reported in March:
"In Old Havana, there's a storefront with a cardboard sign for a private hairdresser. A notice advertising a room for rent in a seafoam-green casa. A sidewalk stand selling pizzas and honey-drizzled flatbreads.
"Cuban capitalism, once an oxymoron, now represents a softer kind of revolution."