Quote (Djunior @ Aug 21 2020 06:25pm)
That's not socialism ;)
And regarding resources, look at Venezuela when a socialist regime looks after immense oil reserves any country will be jealous off. That's right, money is gone.
Compare to capitalist Norway, they actually did what you suggest and dumped all their money from oil and gas into a national fund...
Venezuela is a hard country to use as an example, they went from a brutal dictatorship to a brutal socialist regime, they have never had stability and have constantly been under attack from outside interests like the cia.
What really crushed them though had nothing to do with them, saudi arabia tanked oil prices in a beef with russia, when you are a tiny country with all your eggs in one basket and that basket is kicked over you are going to struggle.