I read a book a while back called the Shock Doctrine which suggested that Socialism was working in Latin America and then the US interfered when its business interests were threatened by leaders nationalizing things like copper mines that US businesses owned. It gave examples of how radical free market reforms actually drove the economies into the ground and hoovered up all the wealth to the dictators and a few others at the top. This happened in Russia too, since I read that book I have thought that's why Russia's economy was fucked. It's worth a read imo.