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:
How can any logically thinking person think socialism is a good thing for America? This will happen here, it’s just a matter of time.
That will be us soon if we don’t get the illegals and the democrats out
You people are fucking comedians. Does we have the natural assumption you are all running around with Hilary and Trumps wealth. Everything in the USA is great, the 70 thousand homeless in NYC alone, don’t exist. Flint with over a 100 thousand people lead poison in the water supply, just normal. All because it is not a socialist named system. The USA now has one of the highest morality rates in the world. A quarter of the world’s prison population. The only modern county where medical services make untold ordinary people bankrupt. Law enforcement are allowed to confiscate money and wealth from people’s they stop or deal with, yet never charge them for a crime. Is that a great way to live.
It’s insane to live in the big city anymore. Small town or village means less worries. Buying property out in the woods and building home..priceless.
hows that immigration policy going over there … i wonder?
Hillary should be in prison but Bernie is just bat$#%&!@*crazy. That’s all.
all you morons blaming socialism better read up and recognize that hyperinflation is caused in 100% of its cases by unchecked immigration into the region as well as the gov. attempting to treat all equally. im sorry, but once the working population of citizens reaches a mere 20% of the countries population and are in fact at a 1 to 1 ratio to “refugees” … yes. the economy is FUCKED. and there is NO difference of what it was. weather democratic, republican, comunist, socialist or any other, all are fucked.
Venezuela military need to step up and deal with this. Maduro is no leader, he’s a bus driver at best.
Socialism / progressivism in REAL time…failure!
you can blame our President for the collapse of countries..because we were the Leader in the free world until the Dems got in and look what they have done..