Socialism for the 21st Century - keeping up the tradition
The tradition of destroying people’s lives that is.
Chavez’s brand of socialism* is destroying people’s lives by putting private business out of business. Price controls are stifling the market, huge subsidies to worker’s cooperatives** are adding to the pressure.
This is not the usual healthy competition of the market place in which some may get hurt but the systematic destruction of people’s livelyhoods through government policy.
Propaganda is also whipping up resentment against private farmers, they are made to feel like villains. How long until this becomes violence with Zimbabwe like scenes of ‘veterans’ evicting farmers only to let their land fall to ruin?
It may be true that in a market economy some businesses fail, but others are free to be created and those that fail will fail due to not being competitive rather than being hounded out of business by government, and competition drives up standards rather than encouraging the favoured methods of an elite (in this case ’socialist’ methods).
* not so different from other forms.
** not that there’s anything wrong with worker’s cooperatives - so long as they’re on the same legal footing as any other business.
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