Socialism in Venezuela: A Miracle in Reverse [Videos]

Craig Huey Current Events, Free Markets and Socialism 2 Comments

Socialism always fails.

It failed in socialist Russia.

It failed in Nazi Germany. (Nazi Party = National Socialist German Workers’ Party)

It failed in Fascist Italy.

It failed in Brazil … Cuba … North Korea … and many more.

Senator Bernie Sanders of Vermont used to cite Venezuela as an example of a model socialist country.

Let’s take a look…

A generation ago, Caracas – the capital of Venezuela – was one of the most glamorous and thriving cities in Latin America…

Travel guidebooks hailed is as a mecca for restaurants, night life and art fans.

Today, just 20 years after the election of Hugo Chávez in 1998 – and 5 years after Nicolás Maduro took power following the death of Chávez in 2013 – the city and the country are in an economic tailspin.

Omar Lugo, director of the news website El Estímulo, describes the capital city as “a ghost town.” “It pains me so much to see Caracas like this,” he says.

Public services are collapsing … poverty and crime are rampant … hyperinflation is raging … businesses are closing … and residents are evacuating on buses – or on one of the few commercial flights still connecting Caracas to the rest of the world.

The UN says that since 2015, the country-wide exodus has climbed to 3 million – 10% of Venezuela’s population.

Of those that remain, even those regarded as well-off often live without water or electricity.

Meanwhile, the IMF (International Monetary Fund) fears the inflation rate will hit 10 million % in 2019.

“It’s a feeling of historic frustration,” adds El Estímulo’s Lugo. “A country that performed a miracle in reverse. It’s just impossible to believe.”

Wouldn’t it be interesting if the mainstream media reported these living conditions to socialist politicians such as Bernie Sanders and Alexandria Ocasio-Cortez … and asked them to explain how such a total economic collapse happened under socialism…

Watch these 2 videos of citizens of Venezuela and Brazil, respectively, explaining how socialism has ruined their 2 countries. Each video is about 5 minutes long.



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Comments 2

  1. Why do we not teach History in schools? We wouldn’t make the same mistakes made in the past.

    How do you ensure a Global Government by 2030? Take out the USA by shoving Socialism down our throats.

    The last few generations haven’t been taught that Socialism doesn’t work and they want everything for free. If we don’t start speaking up as grandparents we will surely loose this country, very soon.

  2. It is my opinion that the First Amendment’s freedom of speech never was intended to include the current push to a socialist ideology or any other ideology conflicting with what America is based upon. To allow teachers and professors to teach our children that socialism is the best form of government is unacceptable, and it is time for Americans to demand a stop to this, and to demand the arrest of the pro-socialist teachers and professors for sedition; after all, it is they who are responsible for the statistical fact that 80% of young Americans now believe socialism is the best form of government and, to be sure, they are the next generation of politicians. What will happen to America under such a leadership?

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