Chavez became the bugaboo of American politics because his full-throated advocacy of socialism and redistributionism at once represented a fundamental critique of neoliberal economics, and also delivered some indisputably positive results… When a country goes socialist and it craters, it is laughed off as a harmless and forgettable cautionary tale about the perils of command economics. When, by contrast, a country goes socialist and its economy does what Venezuela’s did, it is not perceived to be a laughing matter – and it is not so easy to write off or to ignore.Last Sunday, Nicholas Casey of The New York Times reported in an article Dying Infants and No Medicine: Inside Venezuela’s Failing Hospitals,
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lunes, 23 de mayo de 2016
Venezuela's Collapse Won't Bury Appeal of Socialism
Labels:
#Authoritarianism,
#Central Planning,
#Evolution,
#History,
#Price Controls,
#Psychology,
#Regulation,
#Socialism,
#Taxation
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