Tuesday, June 05, 2018

Socialism In Venezuela : America's Progressives Still Believe It Works!

Ask any progressive democrat about socialism or capitalism is
best for America. It's always socialism.

And then in the light of socialisms results like in Venezuela's and anywhere else that is has been tried and failed, the absolute disastrous and criminal rape of the this once prosperous country, why do so many, a majority students when asked if in America believe socialism is a better solution for prosperity the capitalism?

Why is ignorance so easy a solution?

Could it be our educational system is totally dominated by progressive socialist liberals that teach pure socialism is a workable economic system? Pure socialism is communism. Cuba?

Is it that a poll found nearly 90% of all professors in higher education are dedicated to the proposition that socialism must be the new way forward for making sure they believe necessary for true equality of outcomes.

But it isn't lost on anyone that is paying attention that most of the these professors and administrators  live in gated communities, living the good life with out responsibilities to anyone for anything, are protected from the unwashed and ignorant that one day might take up their pitch forks and come for them. 

Marx said best for America's higher educational agenda and ideology, ''Each according to ones need and From each according to ones abilities''.

Never vote democrat if you want prosperity.



Venezuela’s ‘21st-Century Socialism’ Is an Unmitigated Disaster

The sham re-election of Venezuelan President Nicolas Maduro on May 20 has made it clear that the humanitarian crisis in that country will only get worse.

Maduro has been running a dictatorship since the election of the constituent assembly in July of 2017, and Venezuelans are suffering because of it.

Many on the left have for years praised Maduro and his predecessor, Hugo Chavez, as heroes of “21st century socialism.” Tragically, the downward spiral of Venezuela’s economy puts the lie to those claims.

Venezuela’s decline is well-documented in Heritage’s Index of Economic Freedom. In 1995, the first year of the index, Venezuela scored 59.8 on its 0-to-100 scale, more than two points above the world average.

That prosperity did not last. Under Chavez and Maduro, economic freedom has evaporated, and Venezuela is now one of the most economically repressed countries in the world, second only to North Korea. (See chart.)


Venezuelans are paying a heavy humanitarian and economic price, with even basic necessities now in short supply—if they can be found at all.

People are starving and dying of treatable diseases. This dire situation has created a refugee crisis, with thousands of Venezuelans spilling into neighboring countries.

The International Monetary Fund predicts Venezuela’s gross domestic product will decrease by 15 percent in 2018. Projected inflation is 13,864.6 percent. Steve Hanke, a professor at Johns Hopkins, has even found that to be an understatement, estimating that inflation has exceeded 25,000 percent on an annual basis as of May.

Maduro’s reign is unsustainable, and his proposed solutions to reduce starvation, such as Plan Rabbit, are approaching the absurd.

That such a socialist regime was at one time viewed in a positive light by elites in the U.S. and Europe, not to mention elsewhere in Latin America, is a sad reflection of the ideological war on capitalism that has infected our political and economic debates.

As early as 2009, experts such as Mary Anastasia O’Grady of the Wall Street Journal could see that economic freedom in Venezuela was dead, and with it, the prospects for a prosperous future. Since then, Chavez and then Maduro continued their corrupt mismanagement of the economy.

In the span of about 15 years, the socialist government took a burgeoning, oil-based economy and drove it into the ground. The Venezuelan people are now suffering as a result.

This piece has been updated since its original publication. The phrase “successful modern socialism” has been corrected to “21st century socialism,” which the Venezuelan government has explicitly used.

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