Re:Venezuela devalues the bolivar by 95% and pegs it to ‘oil...
by xigma on Wednesday August 22, 2018 @09:06AM
(#17818400)
That's why I said "at least in terms of propaganda". Anything that's owned by the state is considered to be owned by (all) the people.
Venezuela also is not by definition a socialist country, it just has a socialist party whose goal is socialism. There still is a relatively strong opposition.
Most industry in Venezuela is privately or publicly owned.