Venezuela: Poster Child for Socialism
Via Billy
There is no more recent example of the many theoretically apparent pitfalls of socialism coming to life than in Venezuela. The South American nation is but the latest example on the long list of countries to have fallen victim to the siren’s song of a socialist utopia. While over the past decade journalists like Michael Moore, politicians like Bernie Sanders and economists like Joseph Stiglitz have praised the so-called socialist “economic miracle” in Venezuela, with hyperinflation now leading to starvation and millions fleeing the country, it is inarguable that these praises were premature and wholly unwarranted.
Source: https://freenorthcarolina.blogspot.com/2019/02/venezuela-poster-child-for-socialism.html
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Poster for the average US run Banana republic, every latin state bar Bolivia has been given the Pax Americana treatment and ends up bieng run by El Presendente with one cash crop, export and national resource under US corporate control which funds by welfare 100% of the counties imports which are all American. If the countries leftist politicians are to blame for anything, it is not developing a mixed economy in the 15 years of grace they had and that is incompetence coupled wth corruption. It is not something which will change if there is a socliaist government, since it is the same one, only the representatives changed.