Does Socialism Motivate Investment and Cure Poverty?

Bolivia has had over 200 governments in its 175-year history, making it an interesting country to study if you're looking at what works and what doesn't work in terms of economic policy. Simon Black, international investor and entrepreneur, recently visited Bolivia and had this to say regarding his own view of the current situation. It's an interesting read for anyone considering investment in Bolivia. So what do you think? Is he onto something? Or is he way off base?

http://www.sovereignman.com/expat/nationalization-in-bolivia

http://www.sovereignman.com/expat/did-i-pack-my-ipad-full-of-cocaine