Socialism always starts as a “people’s movement,” with mindless and ignorant people being directed by elitist con men in the background, telling the foolish that by bringing down the “rich,” everyone will share in the abundance that socialism will bring. It is always a lie, and invariably almost all the people end up in poverty, with the exception of the top socialist leaders who live like kings. Fidel Castro is certainly one who has lived that life, and his protege, Hugo Chavez destroyed the Venezuelan economy pursuing the same socialist policies.
When the economy comes crashing down, it is necessary for the leadership to blame an outside source, and when Chavez was alive, he continually named the United States for all of the woes the country was suffering from. In fact, the oil rich country provides 9 percent of the U.S. gross oil imports, which must be a considerable sum of export income to the nation of 30 million people. As such, the U.S. provided a huge portion of the countries income, but Chavez resented that as well.
Venezuela has expropriated foreign and domestic businesses, which means that the people have little invested in the country and are becoming very unhappy with the leadership as it nosedives to complete economic ruin.
For more on the Venezuelan “people’s paradise,” see page 2:

This article clearly is anti-socialist and the whole time slams it without any facts. I am from Sweden and have been raised here in the US, I am currently in the military and I have to say this is wrong. Socialism does not destroy governments. That is Communism which was described. Social Security, Welfare Spending those are Socialist Ideas. Socialism doesn’t fail corrupt politicians who are entrusted to run the country make Socialism fail. They run the system and thus profit from it
These people are Called “useful idiots” most are rounded up and kill after the they gain power!
So Australia,New Zealand, Denmark, England ……etc etc are next?
Why are all collectivists so delusional?
Well aren’t you just precious! I can’t wait to hear the litany of excuses you sheep bleat out when he leaves office
Montie Barrow how effective were insurgencies in Vietnam Afghanistan and Iraq just to name a few…??
Marco Albino
Mismanagement of any government leads to this, socialism or capitalist.. grow up.
Someone knows basic econ, trade policy. thank god…
Lili Carlo