As a reminder, Venezuela used to be twice as wealthy as Chile. Then Chile followed Milton Friedman‘s ideas while Venezuela was ruled by socialists.

As a reminder, Venezuela used to be twice as wealthy as Chile. Then Chile followed Milton Friedman‘s ideas while Venezuela was ruled by socialists. Now Chile is the wealthiest large country in South America and Venezuela the poorest. Difference between capitalism and socialism. pic.twitter.com/SaH3aw9zfJ

— Michael A. Arouet (@MichaelAArouet) July 30, 2024