Via Billy
But remember: it started with "democratic" socialism. pic.twitter.com/jYhKHpYYpB
— Jon Miltimore (@miltimore79) February 15, 2021
After much pain and suffering, Venezuelan socialist leaders have conceded they cannot effectively run an economy.
Early in 2007, after winning a second six-year term as president, Hugo Chávez announced his plan to nationalize Venezuela’s largest telecommunications company, CANTV, hinting at wider nationalization plans to come.
“All that was privatized, let it be nationalized,” announced Chávez, who had run under the banner of democratic socialism.
Nearly a decade and a half later, on the brink of mass famine and a growing energy crisis, Venezuela is now moving in the opposite direction.
More @ The Liberty Loft
Socialism is the economic theory of theft. Once you have stolen everything there is to take, you are done. They are incapable of building or creating.
ReplyDelete--Generic
Once you have stolen everything there is to take, you are done
DeleteTrue, it is.
No rule of law means no privatization...it will just be stolen.
ReplyDeletePar for the course.
Delete