The fact is price controls are terrible policy and have never worked because we cannot predict the future needs of the market. Unless we magically get vastly better AI that runs the entire economy it is unlikely price controls will ever work so when Chavez instituted them it lead to a collapse of the agriculture sector leading to hunger issues.

Some of the economic problems were self created because many leftists have zero formal economic backgrounds and thus have trouble separating reasons for factual historical failures of specific leftist policies, like price controls or rent control being extremely problematic historically speaking, vs what is merely capitalist propaganda eg "capitalism is the only system that works" which isn't true historically speaking.