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Re:Venezuela Declares Every Friday a Holiday to Save Electri... by toyg on Thursday April 07, 2016 @12:09PM (#11448378)
> while leaving everything else to the private industry.

That's an exaggeration. Serious countries (France, Germany, even the US) employ "socialist" industrial policies in sectors that have nothing to do with morality (aviation, defense, tech research etc). Countries that don't do it at all are extremely rare in this day and age and usually don't end up well.

I agree with your overall point though.

Re:Venezuela Declares Every Friday a Holiday to Save Electri... by Someone1234 on Thursday April 07, 2016 @12:15PM (#11448439)
Aviation has been a complete disaster. But I can see the moral argument for defence: National security.

I don't know where tech research is socialised. Government pay for it all over the world, sometimes in-house, sometimes externally, but I've never heard of a country banning tech research unless it is government ran.

Re:Venezuela Declares Every Friday a Holiday to Save Electri... by Jtsummers on Thursday April 07, 2016 @12:24PM (#11448515)
Socialism doesn't require that you ban competing non-government institutions. Do (economically healthy) countries with socialized medicine bar private medical practice?
Re:Venezuela Declares Every Friday a Holiday to Save Electri... by ende on Thursday April 07, 2016 @10:02PM (#11452128)
Actually it does. The prime objective of Socialism is to prohibit private property. Social democracy on the other hand seeks to exist within a standard capitalist system. Healthcare systems similarly vary along those lines with some countries prohibiting private practice (in either care or insurance) and some not.