Socialism is lauded in United States universities as the answer to economic inequality that will create a workers paradise. Bernie Sanders is also promising to tax the millionaires and the billionaires to make them share their wealth and pay much higher taxes so that poverty will be eliminated. No one can point to an example where socialism has improved an economy or actually worked. Examples where it has failed are abundant and tragic. The usual result of a socialist takeover is the destruction of business, a contraction in the economy, the impoverishment of the majority of the people, and the rise and enrichment of a ruling elite. And yet our university professors cannot seem to see and understand the damage that socialism inevitably brings.
Perhaps if they would look south to Venezuela, they would see a clear example of what typically goes wrong when a political leader takes a country to socialism. Venezuela is awash in oil, and in fact was the first member of OPEC. The country actually has more oil reserves than Saudi Arabia. That is one factor that led to their downfall. Hugo Chavez, long time president of Venezuela and protege of the Cubans, used oil to pander to the poor with free breakfast, and to line the pockets of he and his cronies. It buffered the damage done when he threw out foreign investors and expropriated their property and factories. It paid for imports when the actual productivity of the country diminished. It paved the way to create a country now completely destitute with the fall in oil prices. But you can be certain that the new socialist president, Nicolas Maduro and his cronies are still living well, even as the rest of the country starves. It is the way with socialism, everyone equal, everyone in poverty except for the chosen few at the top. The academics should get out of the classroom and look at Venezuela, at what they are preaching does to a country like Venezuela.
See some of the shocking effects of socialism in Venezuela, page 2:
Venezuela is Feeling the Bern,,,
Another Great Socialist experiment ..
You are so right and now our universities and colleges are run and taught by socialist/liberals.
THE IGNORANT PROFESSORS AN GULLIBLE STUDENTS !
I guess communism didn,t work after all, what the blank they gonna do now, call sanders?!!!
Bernie Sanders is not understandable. Just check out socialism in other countries. It’s a losing proposition! Yet he wants us to do what Venezuela did? He’s nuts! He should star in Warner Bros. cartoons!
“Socialism is a philosophy of failure, the creed of ignorance and the gospel of envy. It’ inherent virtue is the equal sharing of misery”
Sir Winston Churchill. Best example I’ve ever read.
And to think over 3/4’s of Americans want to be like them. Hahahagafa such fucking idiots.
GOOD PLACE FOR A DRONE STRIKE.