Socialism creates poverty and misery and corruption.

....which is basically why Statists prefer free markets.

Venezuelans re-discover the basic truth of Socialism:

//Venezuelans were appalled not only by the poverty that socialism caused, but also by the corruption that accompanied the Chavez/Maduro regime. This is no surprise: as Glenn Reynolds has said many times, leftists hate free market policies because, while they enrich the ordinary citizen, they provide insufficient opportunities for graft among the political elite.//