It seems like Venezuela is the democRATs model for utopia. They steal all of the money and then lord over the suffering peasants.
The real difference is a totalitarian government firmly in control. We aren’t there yet although Harris is driving us that direction hard.
Totalitarians wreck economies.
The only exception to that may be fascist totalitarians who seem to be able to make an economy boom for a bit before things crash down around their victims, the people.