Every time socialism fails, it’s proponents claim that it wasn’t “really” socialism. Now it’s failing again, this time in Venezuela, and it won’t be long before we’ll learn that it wasn’t socialism, although Maduro and Chavez before him both claimed to be socialists. From Tho Bishop at mises.org:
The socialist policies of the Venezuela government continue to impose a living hell on its people. Hyperinflation has turned its currency to literal garbage. Mortality rates have skyrocketed for groups such as infants, pregnant mothers, and the elderly as clinics have shut down and medicine grown scarce. Food has disappeared from store shelves forcing the population to consume pets and zoo animals. A recent poll found that 78% of Venezuelans “reported trouble keeping themselves fed.”
Of course, this is not true for all Venezuelans.
Earlier this week President Nicolas Maduro was seen in a plush Istanbul restaurant lavishly dining on expensive steaks while smoking fine cigars, the check paid for by the wealth his regime has drained from his people. Once again we see that under socialism “all animals are equal, but some animals are more equal than others.” Continue reading