Recently, John Stossel asked Noam Chomsky
if he was embarrassed by his support for Hugo Chavez? Specifically, he was asked if socialist
policies were not responsible for wrecking peoples’ lives? Chomsky’s short answer was “no,” because “I
was right.” He said, “I never described Chavez’s state capitalist government as
‘socialist’ or even hinted at such an absurdity. It was quite remote from
socialism. Private capitalism remained … Capitalists were free to undermine the
economy in all sorts of ways, like massive export of capital.”As always when a
socialist economy collapses, the diehards claim it was not a real socialist economy
since the government did not go far enough or external forces caused the
collapse. Further, Chomsky claims the capitalists sabotaged Chavez by leaving,
which suggests they were indispensable! The capitalist exodus was motivated by
the prospect of persecution and confiscation of property.More…
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