Socialism is working well in Bolivia

http://www.alternet.org/world/bolivia-example-how-socialism-can-work?akid=12406.294211.vAUW06&rd=1&src=newsletter1024522&t=17

His (socialist) economic policies have equally had a certain logic to them. Through nationalization and tearing up contracts, he has enabled the Bolivian state to quadruple its revenues from minerals and energy extraction at a time when prices were high and mining and energy companies would otherwise have made windfall profits from their rise. This has in turn enabled Morales to increase the Bolivian welfare state without drastically unbalancing the budget.