In Venezuela, it isn’t “socialism” that failed. Venezuela is clearly having its moment in the American conservative mediasphere. True Stories The Secret Pact That Launched Venezuela’s Democracy. Among Republicans, the three most socialist countries are Venezuela (60%), China (57%) and Russia (57%) while among Democrats, Sweden (43%), Denmark (43%) and Norway (42%) come first. Opponents of socialism often point to Venezuela as a cautionary tale. But thinking of Venezuela as a democracy gone wild or just as an example of the failure of socialism fails to fully capture the causes and consequences of the country’s predicament. Slowly, it will destroy America, too. The politics of Venezuela occurs in a framework explained in Government of Venezuela.. Venezuela has a dominant-party system, dominated by the United Socialist Party of Venezuela amidst other parties listed in the following section. Venezuela was my home, and socialism destroyed it. Venezuela is a woeful reminder that no country is so rich that it can’t be driven into the ground by revolutionary socialism. The government based itself on the armed forces, in a permanent state of emergency that grows more repressive with time. Miguel Pizarro is a quasi-socialist whose crusade against Venezuela’s ruling regime might spark “a doomsday confrontation. To the Editor: Re “Yes, Venezuela Is a Socialist Catastrophe” (column, Jan. 26):. Once ranked as the richest South American country thanks to its oil reserves, in 1998 Venezuela elected a socialist … Venezuela’s unfettered embrace of socialism now is ripping that nation apart, but the term has lost all ideological substance as it is currently bandied about in U.S. politics. A common misconception, reinforced recently by U.S. President Donald Trump, is that the crisis in Venezuela is the natural result of a socialist system of government. 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