The rise of leaders like Hugo Chavez, do
not just occur in a vacuum. These leaders arose in times when previous populist
and social democratic governments before them mismanaged the economy and
fostered corruption. What should be gleaned from these cases is that even
socialist-lite policies can easily metastasize into more hardcore forms of
socialism down the line. Economic intervention will only beget more
intervention. The free-market and the rule of law are the true remedies to this
cancer. As a Venezuelan-American, it is incumbent upon me to relay the horrors
that my people face at the hands of socialism. Despite being made in 1945,
Wintson Churchill’s comments are still relevant to this very day. Capitalism
may generate inequality, but socialism guarantees tyranny and misery for all.
More…
Friday, March 6, 2015
Venezuela: The Current Posterboy for Socialism’s Failures
The rise of leaders like Hugo Chavez, do
not just occur in a vacuum. These leaders arose in times when previous populist
and social democratic governments before them mismanaged the economy and
fostered corruption. What should be gleaned from these cases is that even
socialist-lite policies can easily metastasize into more hardcore forms of
socialism down the line. Economic intervention will only beget more
intervention. The free-market and the rule of law are the true remedies to this
cancer. As a Venezuelan-American, it is incumbent upon me to relay the horrors
that my people face at the hands of socialism. Despite being made in 1945,
Wintson Churchill’s comments are still relevant to this very day. Capitalism
may generate inequality, but socialism guarantees tyranny and misery for all.
More…
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