[BigJ1211]

Most socialistic societies fell due to outside interference in an already weaker society. (Weaker because of their starting position, not because of socialism).

This was for example the case with Venezuela, to name a recent one.

See: https://www.ozy.com/flashback/venezuelas-downfall-isnt-about...

You'd need a country with an already strong economy to try socialism to see where it goes. We have western civilisations with some socialist aspects (European countries) but they're all still majorly capitalistic.

A lot of countries labelled as socialist/communist were/are really just state-capitalist countries (China, to name a good example. Communist only in name, same way the nazi party was socialist)

[nradov]

Venezuela's failures were primarily due to the usual incompetence and corruption. Outside interference was a relatively minor factor. In fact they actually received significant assistance from some other countries.

[collyw]

That have a shitload of oil which I would have thought put them in a rather strong staring position.