Saturday, January 26, 2019

"Like the economic problems it always creates, another essential characteristic of socialism is this inability to accept blame for creating the problems." #ButSocialism

In Venezuela, socialism has succeeded the way it always does


"Unable or unwilling to accept responsibility for destroying his nation's economy, Maduro has periodically arrested and prosecuted business owners — store owners who failed to stock goods they could not obtain and bakers for failing to make bread at a loss. Like the economic problems it always creates, another essential characteristic of socialism is this inability to accept blame for creating the problems.
This is how South America's once-wealthiest nation, with greater proven oil reserves than Norway or Saudi Arabia, has been turned into a failed state. Its democracy has been subverted, its military and police corrupted, its money worthless, and its people unable to receive basic necessities. Venezuela used to produce exports, but its only export today is its people.
This is how socialism always works out everywhere it is tried. From that point of view, it has been a stunning success in Venezuela."

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