Socialism requires the raising of lots of money.
Yes, when done politely. What Socialism really needs is the increasing government commandeering and control of the economy. Money, either stolen by printing or by increased taxation, is a slower and more polite method of nationalization.
We all know what a basket case Venezuela is, but it's easy to forget how long it took to get to today's depths. Chavez was elected (or more precisely, took power) in 1999, almost 20 years ago. He started with taxation and printing, but soon moved on to decrees and outright confiscation of private property and enterprise. (For the children, you know.)