| | Historically, capitalism has fostered freedom, and vice versa. Societies that have tried non-capitalist systems inevitably fall into tyranny. | | Historically, capitalism has fostered freedom, and vice versa. Societies that have tried non-capitalist systems inevitably fall into tyranny. |
| − | For example, [[Venezuela]], while not a perfect country before [[Hugo Chavez]], had freedom and wealth unprecedented in its history. As Chavez has nationalized industries, he has also centralized power, and has received mass support in numerous elections. However, [[China]], [[Saudi Arabia]], [[Iran]] and others all have capitalist economies and are dictatorships. [[Nazi Germany]] had a largely capitalist economy with several big businesses - including [[IBM]] - financing the regime. | + | For example, [[Venezuela]], while not a perfect country before [[Hugo Chavez]], had freedom and wealth unprecedented in its history. As Chavez has nationalized industries, he has also centralized power, and become a virtual dictator. |