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Modern day Venezuela has a larger amount of private, for profit economic activity and employement than France.

It's meaningfully a socialist economy, just an insanely corrupt mixed-market economy with a government pretending to be socialist to keep power.



> Modern day Venezuela has a larger amount of private, for profit economic activity and employement than France.

Is that supposed to reflect well on Venezuela or be a slight at France? Because Venezuela isn't exactly doing to hot in the economics department right now.


It's not supposed to reflect well on Venezuela, nor supposed to be a slight to France. I'm just saying that Venezuela is not an especially socialist economy.

Here is a source:

https://www.ceicdata.com/en/indicator/venezuela/private-cons...

Compared to:

https://www.ceicdata.com/en/indicator/france/private-consump...

As well as

https://www.ceicdata.com/en/indicator/venezuela/public-consu...

Compared to:

https://www.ceicdata.com/en/indicator/france/public-consumpt...


That makes more sense.

I thought you were claiming that the overall dollar amount was larger.




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