The government is known for controlling things like prices as earlier in 2016 Venezuela went through the food shortage because people could not afford the prices set by the government. The repeal occurred because people began to protest since they believed that the government would have all the control and the people would not have a say in anything if they let the courts and president have all the power. This shows high signs of the importance of equality of the people because as previously stated this was the first time the president had repealed any act or decision he came upon since the opposing group took over the national assembly. Even though they repealed the act, Venezuela’s president Nicolas Maduro has total ownership to negotiate any oil deals without the approval of congress. This can be explained through communism/socialism since the current president wants to be able to make the deals without any competition, or be stopped. Since he has all the power in the oil negotiations he can utilize anything he wants and no one can stop him.
In conclusion Venezuela’s idea to repeal their original decision of stripping the National Assembly of their legislative power is a sign of socialism/ communism since Venezuela’s president tried to get this approved in order to have control and be able to do things without asking congress. In the end it is the people who suffer because they have no voice in the policies that are made, the prices that are set and in the role of the state which leaves them defenseless when something horrible