The US spent the entire 1950s, 1960s, 1970s and 1980s trying to prevent the countries of Central and South America from experimenting with socialism. In the process, the US embroiled itself in ridiculous scandals, sponsored brutal dictatorships, wasted a ton of resources and lost face more times than anybody can count.
Then the US got tired of this silly game and let South Americans play out their socialist fantasy. Of course, that fantasy soon revealed itself to be completely bankrupt on every level. It had only persisted for so long because the US worked so hard to stave it off. The whole stupid thing could have died decades ago if it has been allowed to run its natural course.
The only reason why the South American socialist fantasy managed to exist for so long is, paradoxically, that the US believed that socialism could actually work. Had the US been true to its declared belief that socialism was doomed to fail, it would have let it fizzle out on its own much sooner.

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