Tag Archives: Socialism

Venezuela Tyranny Proves Why the Second Amendment Matters

Venezuela’s radical socialist leader Maduro demonstrates why the Second Amendment is crucial for defending liberty against tyranny.

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All what Socialism ever brought is hell

Many Americans don’t think there anything wrong with socialism which that is a dangerous mindset to have because All what Socialism or Communism ever brought is hell because all mean production is controlled by the State.

In this video from Prager University show you why people in Venezuela believe that socialism had brought hell in Venezuela and why it’s a warning to USA and other countries why they should reject both socialism and communism.

Let not head down the socialist road because and hell awaits there. But let promote Capitalism where people have chance to success and survive. So let not ignore the warning from the Venezuelans because they’re learning the hard lessons after accepting socialism.

Socialism Nightmare: Venezuelans Now Eating Dogs, Cats and Pigeons to Survive

At the start of 2014, Venezuela’s GDP stood at $371.34 billion, with nearly half of that coming from oil (it accounts for almost 100% of exports). But after a year-high of $105.54 in June, crude plummeted by more than 50% to $48.51 by the end of the year. Oil has held steady in the $50-a-barrel range since, allowing the country’s socialist policies to materialize without the guise of high crude–and economic disaster has ensued.

Just this year, Venezuela has faced shortages in toilet paper, diapers and milk (and more) forcing more than 6,000 people to cross the border in Colombia to purchase necessities. The country had to ration its electricity use because of severe power shortages. It also could no longer afford to print its own money. Come 2016, the IMF forecasts Venezuela’s inflation rate to exceed 1,600%.

A Bolivarian Republic, Venezuela turned to socialism in 1998 when Hugo Chavez was elected president after two unsuccessful coup attempts to oust his predecessor. The new regime brought not only a new constitution, but higher oil prices as well. The following year Chavez passed laws redistributing land and wealth, which he followed in 2005 with a land reform decree that would eliminate larger estates to the benefit of the poor in rural areas.

In 2007 the government took control of important oil projects in the Orinoco Delta and later expropriated two U.S. oil companies, furthering Chavez’s nationalization plans.

Nationalization continued with the Bank of Venezuela and household fuels distributors and petrol stations. In 2011, with a 27% annual inflation rate, the Venezuelan government introduced price controls of some basic goods (they would extend to other products in the following years).

By the time of Chavez’s death in 2013, inflation had grown to 50% and rose to 63.4% in the following year. Towards the end of 2014, the country entered into a recession.

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Present-day Venezuela is facing a humanitarian crisis and Nicolas Maduro, Chavez’s hand-picked successor, and his socialist regime is rightly shouldering the blame. The country’s emphasis on oil exports, price controls and a heavily-controlled economy are all features found in other current and former socialist countries–features that have contributed to the demise of whole economies, or brought them close to it.

Perhaps the most obvious example of economic failure is the Soviet Union (or USSR), With its highly centralized government and economy, the USSR survived for 69 years until its collapse in 1991, representing the longest time a state has been led by a Communist Party (China comes in second at 67 years).

While oil prices were high, the Soviet Union appeared to have a strong economy and could maintain its focus on increasing its military power. But when oil prices fell towards the end of the 1980s, the USSR found itself forced to borrow from Western banks. Its sluggish economic system and dependency on the West also weakened the control that it had over countries under the USSR’s control and eventually led to its demise. Venezuela now finds itself in the same difficult position.

Venezuelan officials like to blame the crisis on the United States and right wing business owners aiming to sabotage the system, it seems obvious that the heavily centralized state-run system inherited from Chavez is what is driving Maduro’s country to ruin. With a GDP percent change of -8% from 2015 to 2016 and an unemployment rate of over 17%, the only thing that can save Venezuela is ditching socialism.

The opposition has called for a referendum to oust Maduro this year, but the process is still in limbo–meaning relief for the Venezuelan people might not come until 2018, the next scheduled presidential election.

Even then, change can never be promised in the world’s 9th most corrupt country.

The Experiment: Capitalism versus Socialism

Matthew Concludes: Yes I was told that Capitalism was evil and greed that why Socialism was the way forward; But is it? As I read though the article I found the Capitalism is a system that allows creativity thinking also the will to able to think for yourself. That why Capitalist countries prosper and grows because people are free to be what they please. While Socailism is a system that reward failure and punishes success also children in schools in socialist countries have think in a way the state want them to think which is call group think or collective thinking. Do you know that Group-think and Herd Morality is a enemy for free thinkers when we unconsciously follow the rhythm of the crowd. We wonder why people flee counties that is under socialist control and realize the joy and reward for escaping from socialist countries and experience the freedom in capitalist countries?

For me that why I’m for free market capitalism.

Watts Up With That?

Paul Driessen writes:

University of Delaware climatology professor (and amateur history buff) David Legates offers some fascinating insights into a persuasive socio-economic experiment. His analysis could provide handy intellectual ammunition for ongoing battles between free enterprise-oriented Republicans and committed socialists in the Democratic camp.

What if we could destroy a country’s political and economic fabric through a natural disaster – or a war – and then rebuild one half of it using capitalism as its base, while the other rebuilds on a socialist foundation? David wonders. Let the virtues of each system work their magic, and then see where the two new countries are after fifty years. Actually, he says, we’ve already performed The Experiment. It’s post-war Germany – and the outcome ought to end the debate over which system is better.


The Experiment :  Capitalism versus Socialism

What if we could have an experiment to compare the two systems?…

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