Blog Glenn Reynolds: Don’t be a sucker for socialism Share This Post Government Glenn Reynolds: Don’t be a sucker for socialism By redkudzu_admin on May 16th 2016 No Comments / 158 views It is a common misconception that socialism is about helping poor people. Actually, what socialism does is create poor people, and keep them poor. And that’s not by accident. Under capitalism, rich people become powerful. But under socialism, powerful people become rich. So when you look at a socialist country like Venezuela, you find that the rulers are fabulously wealthy even as the ordinary citizenry deals with empty supermarket shelves and electricity rationing. The daughter of Venezuela’s socialist ruler, Hugo Chavez, is the richest individual in Venezuela, worth billions and billions of dollars. In Cuba, Fidel Castro reportedly has lived — pretty much literally — like a king, even as his subjects dwelt in poverty. In the old Union of Soviet Socialist Republics, as Hedrick Smith reported in his The Russians, the Communist Party bigshots had lavish country houses and apartments in town stocked with hand-polished fresh fruit, even as the common people stood in line for hours at state-run stores in the hopes of getting staples. read Leave a Reply Cancel ReplyYou must be logged in to post a comment. Login with: Continue with Facebook Continue with Google Continue with Twitter Socialism Share This Post redkudzu_admin The goal of this site is to give information. Whether from national sites or locally in Georgia. Related Articles Venezuelan Chamber Of Food Reports That Inventories From Nation’s Producers Are Virtually Exhausted May 17th 2016 Venezuela Runs Out of Toilet Paper, Achieves True Socialism May 14th 2016 The capital of ‘the most miserable country in the world’ could be about to go dark May 14th 2016