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by dragonwriter 4196 days ago
Inadequate overall wealth to supply basic needs leads to lines and rationing in socialist systems, and just pricing goods out of the reach of non-elites in basically capitalist systems, so the symptoms look a bit difference but the substance is much the same.
1 comments

Except when it is not. In Venezuela we are facing similar problems and even when people have the money you can't buy what you need, not even if you are on a elite.

It has more to do with the incompetence in economic areas rather than a capacity of making wealth.