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:
Matthew Franks. If Socialism works so well in other countries, feel free to move to another country. That’s the greatest thing about America. Our Freedom, not slavery of Socialism. Go to a Socialist country and leave us alone.
I agree, Bernie should go down there and save these people with his “democratic” socialism!
Let’s see how that works and whether they build a monument to him, or hang him in effigy.
Lol….
Living examples of idiocy at its best! Now look at the results of socialism! Do you hear u now Bernie and your supporters
Exactly what would happen if sand- brains would be president of this country.
Hey Bernie, check this out
Ashley Lyon your lesson for today 🙂
Just in case you believe any of the schizophrenic babbling of this site over the last few years I looked it up and it’s just another corrupt government who was relying on oil booms and living too lavishly (sound familiar). It has nothing to do with socialism but of course these dumb hacks will do anything for your clicks and likes,
http://money.cnn.com/2016/05/31/news/economy/venezuela-shortage/index.html
Isen’t it strange all the nickel and dime c**p the commie lib media run on their yellow rag stations no mention of this !If they were actual journalists they would be down there and reporting on it day and night !
Poor Bernie. The truth about socialism couldn’t come out a worse time. Lol
Socialist government in operation. Promised much but delivered poverty to all but the elite and government