Venezuela has experienced one of the sharpest economic declines in modern history—rampant inflation, near-famine, and an exodus of millions of asylum seekers. Yet there remains disagreement over what caused it.
Many refuse to blame socialism, instead citing the collapse of oil prices, corruption, its abandonment of democracy, and other factors. If socialism did play a role, it was a small one, says Venezuelan writer Francisco Toro in the Washington Post, citing “a unique mix of circumstances, in which socialism is just one ingredient.” Read More
Supreme Court Justice Sonia Sotomayor delivered congratulatory remarks to San Francisco District Attorney Chesa Boudin Wednesday night, as the self-proclaimed progressive prosecutor with ties to the late Venezuelan strongman Hugo Chavez took office. Read More
by Anna Paulina The “new” socialism that is rapidly gaining adherents within the Democrat Party bears a striking resemblance to the totalitarian ideology that just drove oil-rich Venezuela to the point of mass starvation. They might not even realize it themselves, but beneath the facade of Representative Alexandria Ocasio-Cortez’s… Read More
by Barry Brownstein Would you use a doctor or dentist who didn’t believe in germ theory and used the same instruments all day without sterilizing them? What would you say if, when their patients developed infections, the doctor or dentist insisted he meant well and argued that capitalism, not… Read More