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- Jul 29, 2009
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With another story about the unraveling of Venezuela due to years of socialist policies, it's hard to believe that there are millions who want socialist government rule here in the US. Socialism turns a society into one of government dependence, low productivity, less freedom, and a hell of a lot of poor families.
Here are a few excerpts from a very long article:
Read the entire article here.
.
Here are a few excerpts from a very long article:
Venezuela: how the socialist paradise turned into debt and hyperinflation hell
Excerpt
It wasn’t always this way. Diego Moya-Ocampos, senior political risk analyst at IHS, says the current crisis is the result of years of “economic mismanagement” by the ruling socialist party.
Led by Hugo Chávez, the country’s firebrand former president, the country embarked on a wave of expropriation and redistribution with the charismatic leader offering cut-price fridges, appliances and even new homes to poor Venezuelans.
Chávez wanted to create a socialist paradise, an ideology that has been reinforced by his successor Maduro following his death in 2013.
...
Many Venezuelans have already left the country, including Francisco Flores. “Venezuela has taken good working companies, given them to the poor but not equipped them with the skills to run them so they go bankrupt,” he says.
“That’s just a recipe for destroying a country.”
The NHS therapist, who now lives in London, says the regime is based on a principle of keeping everyone “equal but poor”.
“This way, the state becomes a nanny and everyone loses the power to do anything because they are so dependent on it.”
Read the entire article here.
.