Look at Venezuela. A country that has been dependent on an oil-based extraction economy for decades and subject to brutal imperialism elects a socialist government that nationalizes... just that one industry, and the entirety of Western powers turn against them along with local national business owners, sabotaging their own points of sale as a form of economic warfare, instead selling across the border to support a black market.
As a reminder, despite the socialist label of the party in power, Venezuela has a significantly lower level of nationalization than France. But because France is not a target of both imperial and capital interests, but is instead firmly established as an imperial country itself, we don't see sanctions or (inaccurate) dithering over election integrity.
Venezuela is what you get when you propose to move some of the power and profits away from capital and don't have the footing to withstand their counterattack.