Indignant with socialist rhetoric, Venezuelan President Nicolás Maduro publicly announced last night the core of a course of actions devised to control the Venezuelan economy amid its reigning chaos. In his speech, Maduro frequently cited the ideals of Rosa Luxemburg, a Marxist figure, as moral justification for his actions. What he did not mention was that Luxemburg failed to achieve a moral or logical system of political theory, and there are glaring examples of socialism’s failure for all to see. More...

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