Changes

==Past Socialist Countries==

==Past Socialist Countries==

===Chile===

===Chile===

Marxist socialist leader [[Salvador Allende]] was elected in Chile in 1970 in a minority government run by the Popular Unity Party. Allende's economic policy, known as the Vuskovic Plan, sought to achieve transition to socialism. The Vuskovic Plan involved nationalization of large foreign enterprises, land redistribution to farmers, and redistribution of income. The majority in Parliament never supported it and the plan was never carried out as Allende was overthrown by the military. In 1970, President Richard Nixon commissioned ten million USD to aid the agency behind the coup d'etat that would take place in 1973. [http://nsarchive2.gwu.edu//NSAEBB/NSAEBB8/docs/doc03.pdf] In an attempt to restore freedom, elections were suspended for roughly seventeen years and the new regime was accused of multiple human rights abuses.

Marxist socialist leader [[Salvador Allende]] was elected in Chile in 1970 in a minority government run by the Popular Unity Party. Allende's economic policy, known as the Vuskovic Plan, sought to achieve transition to socialism. The Vuskovic Plan involved nationalization of large foreign enterprises, land redistribution to farmers, and redistribution of income. The majority in Parliament never supported it and the plan was never carried out as Allende was overthrown by the military.

 

==Other Socialist Countries (Current )==

==Other Socialist Countries (Current )==

===Venezuela===

===Venezuela===

[[Venezuela]] is often given the title of "Socialist", which holds some ground; as the country follows the principles of "Socialism in the 21st Century". However, the country is better described (on an economic basis) as a Social Democracy. The public sector of the country is representative of only about 30% of the GDP. [http://www.oecd.org/daf/ca/corporategovernanceprinciples/35657436.pdf] The rest is a result of the much larger private sector. Much of the problems in Venezuela can be attributed to a drop in global oil prices and corrupt government. After the death of Chavez, [[Nicolás Maduro]] continues his politics.

The socialist policies of president-for-life Hugo Chavez have destroyed the economy of that oil-rich nation. In 2009, he seized the Venezuelan operations of U.S. based Cargill in order to tighten his grip on the shrinking food supply in his country.<ref>http://www.telegraph.co.uk/news/worldnews/southamerica/venezuela/4938993/Venezuelas-Hugo-Chavez-tightens-state-control-of-food-amid-rocketing-inflation-and-food-shortages.html</ref> After the death of Chavez, [[Nicolás Maduro]] continues his politics.

===Other Countires===

===Other Countires===