The murderous socialist regime of Venezuela may be in its final days.
This Is How Socialism Ends
The evolutionary trajectory of socialism
... Everywhere that state ownership of capital is applied in the effort to crowd private enterprise out of society, it has produced misery and violence.
That violence begins with the state. It is the violence that suppresses dissent and transforms neighbors into informants, but that violence produces a reciprocal response from the oppressed. We’re now witnessing this familiar drama unfold in Venezuela, where violent revolutionary sentiments have periodically exploded and been ruthlessly suppressed for the better part of this decade.
The late Venezuelan President Hugo Chavez spent a decade nationalizing the means of production in the name of his socialist Revolutionary Bolivarian Movement. He expropriated privately owned oil exploration and production facilities and implemented onerous “windfall” taxes on foreign petroleum producers. He seized agricultural firms, fertilizer producers, livestock and rice operations, and land Caracas arbitrarily deemed “unproductive.” He nationalized much of the financial services industry in Venezuela, closing dozens of small and mid-size banks that did not lend at rates dictated by the government. Cement factories, glass makers, steel mills, the gold industry, telecommunications, transportation, power and electricity generation, and even tourist destinations were all subsumed under the control of the state.
The inevitable fruits of command economics—shortages, rationing, political dysfunction, and terror—were a feature of life in Venezuela even before Chavez’s death in 2013, but they intensified under his successor, Nicolas Maduro. Rates of murder and violent crime in Venezuela exploded. Narcotics trafficking is a way of life for civilians and members of the military alike. Rolling blackouts were and remain a near-daily experience. Running water is a luxury. Basic goods and amenities are scarce. Food and medicine are rationed, where they can be found at all. Preventable diseases like malaria, measles, and diphtheria are common. People started to flee with their families for the safety and security of stable market economies. And then the political violence began.
https://www.commentarymagazine.com/fore ... lism-ends/
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