Chavista Socialism Has Destroyed 570,000 Businesses in Venezuela

Obama and Chavez doing the “soul brother” handshake.

Many socialists honestly believe that massive state control is the best way forward. They want to believe that humans can engineer heaven on earth. They fear the market and love the totalitarian hand of the state. Why? Social justice we are told.

Nonsense.

This ignorance and general adherence to the religion of big government has brought untold misery to those unlucky enough to have lived under socialism over the past century.

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Another socialist despot is forcing the people to remove him. This time in Venezuela

Socialism fails sooner or later. The key factor is the degree an economy is infected with socialism. A moderate amount of socialism (that is anti-price government intervention) means a moderate collapse eventually. Total socialism means total collapse of the economy eventually.

There are 2 very important variables in this simple equation however (there are of course more than 2, but these are the biggies) and that is how much fear a regime can induce in the population, and how far a regime is willing to go to stay in power.

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Latin America’s (Socialist) Pink Tide Crashes on the Rocks

High tide in 2008.
Times change, and socialism always eventually fails. It just did particularly quickly in South America.

And thank God for that.

Unfortunately however in the crashing and chaos people are hurt. As the state apparatus grinds to a halt in Venezuela and spits and coughs in other parts of South America life has gotten harder for many as the statists cling to power. Government is a helleva drug and it is very very hard to quit.

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Venezuela’s Latest Response to Food Shortages: Ban Lines Outside Bakeries

If there is one thing that is ubiquitous in socialist countries it is lines. Lines for food. Lines for health care. Lines for transportation. Lots of lines. But the Maduro government in Venezuela, embarrassed by all the photos and videos of people queuing up to fill their stomachs has figured out a solution.

Just ban lines.

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Top 10 Clueless Celebrity Statements about Hugo Chávez’s “Revolution”

Chavismo, the Venezuelan experiment in socialism is imploding in an ugly way. (Is there any other way for a society to implode?) People are hungry. The lights don’t work. Crime is off the charts. They can’t even make beer in Caracas anymore. And that is truly a desperate situation. Socialism without alcohol really is a horrible fate.

But just a few years ago many a privileged celebrity sang the praises of the “brave”

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Venezuela crisis: When daily life turns into a nightmare (VIDEO)

Nicholas Maduro with the now suspended (also socialist) president of Brazil Dilma Rouseff.

An excellent report from France 24.

Socialism is subsidized by real wealth. In Venezuela’s case it was oil wealth. That was the “fat” which made fake prices and closed markets possible, for a time. But as real wealth disappears and is not replenished socialism quickly erodes. Unfortunately those running the socialist machine, the cronies (socialism and crony capitalism are cousins if not one and the same,

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Socialismo: Live from Venezuela: Hyperinflation, Murder Capital of the World (VIDEO)

This is a unique dispatch. Anarcho-capitalists report from the heart of socialist Venezuela, a pretty risky endeavor.

The video is raw. Much of it is in Spanish. But this is real on the ground insight. The guy doing this must be a little bit nuts – thankfully. Kudos.

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VICE News: Last Days of Chavez’s Legacy: The Fall of Chavismo in Venezuela (Video)

An early rally against Chavez and Chavismo. In 2015 these people voted with a vengeance. Kind of a Venezuelan TEA Party.

This is an excellent report from the heart of the Chavismo movement prior to the recent repudiation of president Nicolas Maduro, Chavismo as a political philosophy, and the “Bolivarian revolution” generally by a large part of the Venezuelan electorate. (A majority.)Though the report is for the most part friendly to the Chavismos and ignores the perspective of the opposition,

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FP: The Sad Death of the Latin American Left (Not so sad, the implosion of Venezuelan and Brazilian cronyism is good for the world.)

Fail.

Socialism is inherently crony. It is a system which is highly centralized and as such encourages the consolidation and then dissemination of wealth (such as it is) and power to vested interests, sometimes quazi-private, (as is the case with Petrobras) often within the government. This is the sad legacy of modern Venezuela and Brazil. (And pretty much all socialist systems.) That these two countries are now failing so spectacularly is to be expected. This is what crony systems do.

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