I’ve long suspected that the capitalist vs socialist framing of countries is largely a distraction which confuses more than illuminates. I find that a simplifying factor for determining the virtue of a country is its level of democracy as opposed to autocracy. America has never been a true democracy but is quickly barreling towards oligarchy or even full autocracy and the enshrinement of minority rule.
Your experience in Venezuela sounds terrible, but comports with what I’ve read, which is that the country has been quite autocratic throughout the 21st century. It’s difficult for any country reliant on mineral or oil wealth to escape the pull of autocracy, as Russia aptly demonstrates.
The question every country must ask is whether it values people over power and profit, and if it is the latter, dictatorship inevitably follows.