Tag Archive: Venezuela

Dec 03

Socialist Venezuela Descends into Primitive Bartering

Socialism is a curse that should only be wished on a hated enemy. Any society that embraces it will eventually become sick and weak. The Miami Herald reports that the impoverished people of Venezuela–suffering from decades of socialist ‘rulership’–have developed a primitive bartering system to obtain basic goods.

Aug 22

Venezuelan Government Declares Martial Law to Fight “Smugglers”

Every economic regulation–whether laws governing labor, product quality, or prices of goods or services–creates a black market. And socialist countries which seek to regulate everything suffer (or, rather, experience the comforts and joys of) black markets in every commodity and industry. Here is a recent BBC story about efforts to thwart free-market transactions in Venezuela–a …

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Aug 09

Venezuelans resort to pet medications to survive

Socialism is a curse that one should wish only on a hated enemy. To adopt it is to set a course toward gradual poverty, sickness, weakness, pollution and disease. The only question is when. Venezuelans have voted for hard-line socialist politicians (such as the enigmatic Hugo Chavez) for decades. Venezuela has adopted “single-payer” (slave plantation) …

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