Where in your example is there racism? Sexism, sure, but I don't see racism.
A good number of people would say the same about capatilism.
I wouldn't call myself a supporter, but I think that in a country with resources such as Venezuala, socialism can be a good thing. Capatilists would just hoard all the income from it and a larger number of people would be terribly poor. I don't really know how it is for the people in the country, and would be open to any first hand info. Also, I would hate to see another war just because they are not capatilists. the domino theory. If the system sucks so bad, why would so many dominoes fall. Rich white people are just afraid of losing control of their third world cash cows.