Posted on

Venezuela Reminds Us That Socialism Leads to Dictatorship

Nicolas Maduro’s Venezuela is one place where Friedrich Hayek’s most dire warnings remain relevant.

Marian Tupy | April 4, 2017

Manaure Quintero/NurPhoto/Sipa U/NewscomOn March 29, the Supreme Court of Venezuela dissolved the country’s elected legislature, allowing Venezuela’s top court to write future laws. The court is filled with allies of Venezuela’s socialist president, Nicolas Maduro, while the legislature is dominated by Maduro’s opponents, and the court’s ruling was seen as the latest step on Venezuela’s descent into a full-fledged dictatorship. But following international outcry—as well as the appearance of cracks within Maduro’s own party—the court reversed itself just a few days later, on April 1.

http://reason.com/archives/2017/04/04/from-socialism-to-dictatorship

Posted on

Socialism for the Uninformed

Bernie Sanders

By Dr. Thomas Sowell

May 31, 2016  5 Min Read

Socialism sounds great. It has always sounded great. And it will probably always continue to sound great. It is only when you go beyond rhetoric, and start looking at hard facts, that socialism turns out to be a big disappointment, if not a disaster.

While throngs of young people are cheering loudly for avowed socialist Bernie Sanders, socialism has turned oil-rich Venezuela into a place where there are shortages of everything from toilet paper to beer, where electricity keeps shutting down, and where there are long lines of people hoping to get food, people complaining that they cannot feed their families.

With national income going down, and prices going up under triple-digit inflation in Venezuela, these complaints are by no means frivolous. But it is doubtful if the young people cheering for Bernie Sanders have even heard of such things, whether in Venezuela or in other countries around the world that have turned their economies over to politicians and bureaucrats to run.

The anti-capitalist policies in Venezuela have worked so well that the number of companies in Venezuela is now a fraction of what it once was. That should certainly reduce capitalist “exploitation,” shouldn’t it?

But people who attribute income inequality to capitalists exploiting workers, as Karl Marx claimed, never seem to get around to testing that belief against facts — such as the fact that none of the Marxist regimes around the world has ever had as high a standard of living for working people as there is in many capitalist countries.

Facts are seldom allowed to contaminate the beautiful vision of the left. What matters to the true believers are the ringing slogans, endlessly repeated.

https://www.creators.com/read/thomas-sowell/05/16/socialism-for-the-uninformed

Posted on

Working Paradise Venezuela’s new decree: Forced farm work for citizens

Venezuela meltdown

Venezuela’s new decree: Forced farm work for citizens

by Patrick Gillespie, Rafael Romo and Osmary Hernandez   @CNNMoney

A new decree by Venezuela’s government could make its citizens work on farms to tackle the country’s severe food shortages.

That “effectively amounts to forced labor,” according to Amnesty International, which derided the decree as “unlawful.”

In a vaguely-worded decree, Venezuelan officials indicated that public and private sector employees could be forced to work in the country’s fields for at least 60-day periods, which may be extended “if circumstances merit.”

“Trying to tackle Venezuela’s severe food shortages by forcing people to work the fields is like trying to fix a broken leg with a band aid,” Erika Guevara Rosas, Americas’ Director at Amnesty International, said in a statement.

President Nicolas Maduro is using his executive powers to declare a state of economic emergency. By using a decree, he can legally circumvent Venezuela’s opposition-led National Assembly — the Congress — which is staunchly against all of Maduro’s actions.

According to the decree from July 22, workers would still be paid their normal salary by the government and they can’t be fired from their actual job.

 

http://money.cnn.com/2016/07/29/news/economy/venezuela-decree-farm-labor/

Posted on

Venezuela another failed socialist experiment meltdown coming

Venezuela meltdown

U.S. concern grows over possible Venezuela meltdown: officials

WASHINGTON | BY MATT SPETALNICK

The United States is increasingly concerned about the potential for an economic and political meltdown in Venezuela, spurred by fears of a debt default, growing street protests and deterioration of its oil sector, U.S. intelligence officials said on Friday.

In a bleak assessment of Venezuela’s worsening crisis, the senior officials expressed doubt that unpopular leftist President Nicolas Maduro would allow a recall referendum this year, despite opposition-led protests demanding a vote to decide whether he stays in office.

But the two officials, briefing a small group of reporters in Washington, predicted that Maduro, who heads Latin America’s most ardently anti-U.S. government and a major U.S. oil supplier, was not likely to be able to complete his term, which is due to end after elections in late 2018.

They said one “plausible” scenario would be that Maduro’s own party or powerful political figures would force him out and would not rule out the possibility of a military coup. Still, they said there was no evidence of any active plotting or that he had lost support from the country’s generals.

The officials appeared to acknowledge that Washington has little leverage in how the situation unfolds in Venezuela, where any U.S. role draws government accusations of U.S.-aided conspiracies. Instead, the administration of President Barack Obama wants “regional” efforts to help keep the country from sliding into chaos.

“You can hear the ice cracking. You know there’s a crisis coming,” one U.S. official said. “Our pressure on this isn’t going to resolve this issue.”

http://www.reuters.com/article/us-venezuela-usa-idUSKCN0Y42MT

Posted on

Obama right at home with Anti-US Summit of the Americas

mandela-obama-castro

OBAMA-CASTRO MEETING OVERSHADOWS ANTI-US LINE AT SUMMIT
BY JOSHUA GOODMAN AND PETER ORSI
ASSOCIATED PRESS

PANAMA CITY (AP) — As usual when Latin America’s leftist leaders get together with U.S. officials, there were plenty of swipes at the U.S. during the seventh Summit of the Americas.

From 19th century territorial raids on Mexico to U.S. support for the overthrow of Chile’s socialist government in 1973 and the 1989 invasion of Panama that removed Gen. Manuel Noriega, Washington’s interventions in Latin America were targets of rebuke during long speeches by Venezuelan President Nicolas Maduro and his allies. That prompted President Barack Obama to retort, “I always enjoy the history lessons that I receive when I’m here.”

But the historic meeting between Obama and Cuban President Raul Castro on Saturday before the summit closed provides the U.S. and Latin America with an opportunity to move beyond a history of grievances and mistrust and set a course of closer cooperation.

There were concerns in the run-up that recent U.S. sanctions on Venezuelan officials could undermine the goodwill generated by Obama’s decision to restore diplomatic ties with Cuba, but they proved unfounded.

The conciliatory tone was set by Castro, who joked that since Cuba had been barred from the previous summits he was entitled to speak well beyond the eight minutes allotted to each of the 30-plus heads of state in attendance.

http://hosted.ap.org/dynamic/stories/A/AMERICAS_SUMMIT?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2015-04-12-00-04-55

Posted on

“Here I come to save the day!” Jimmy Carter offers to visit Venezuela

2013-11-05T220057Z_1_CBRE9A41P5S00_RTROPTP_3_PFIZER

“Here I come to save the day!” Jimmy Carter offers to visit Venezuela

Didn’t this Idiot do enough Damage Already ?

Humberto Fontova | Mar 01, 2014

Last week Jimmy Carter fired off letters to Venezuela’s fraudulent President Nicolas Maduro and to Venezuela’s defrauded Presidential candidate Enrique Capriles expressing “grave concern” regarding the political turmoil and bloodshed convulsing their nation. From his pulpit at Emory University’s Carter Center, the former U.S. president calls for “dialogue” among the embattled Venezuelan parties and offers to visit the troubled nation–but not as a formal “mediator.”

The news of Carter’s proposed Venezuela visit was only hours old when alarmed Venezuelan anti-socialists sent out an SOS: “Please, desist from your trip,” reads an open letter from Venezuelan blogger/journalist Daniel Duquenal. “You have absolutely no credibility in Venezuela…You have cursed us enough as it is. I can assure you that half of the country has no respect nor credibility for you and the other half (the Castroites) thinks you are a mere fool that they can use and discard as needed.”

http://townhall.com/columnists/humbertofontova/2014/03/01/here-i-come-to-save-the-day-jimmy-carter-offers-to-visit-venezuela-n1802350