In 1999, Venezuela was taken over by Socialist who promised that he would punish big corporations and redistribute wealth to “the people” to provide health care, education, infrastructure, and even out income inequality. (Sound familiar?) The American Left cheered. Celebrities like Sean Penn and Danny Glover praised his Democratic Socialist economic measures. Chavez systematically nationalized the oil, banking, agricultural, food distribution, telecommunications, and power industries in Venezuela; because running them as social democratic communes would eliminate “greed” and give the people lower cost goods and services. The American Left praised him for “democratizing” the Venezuelan economy. When Chavez shut down opposition TV, radio, and newspapers the American Left defended it as necessary to protect the Revolution.
The American Left likes to pretend now that Venezuela isn’t a real example of Social Democracy; but up until the economy collapsed (as every sensible person knew it would) they were Chavez’s biggest cheerleaders, as the links above (or any Google search) shows.
When Hugo Chavez died, he left behind a personal fortune of nearly $4 Billion. Just sayin’
Anyway, the real legacy of Hugo Chavez is that the country with the second largest oil reserves in the Western Hemisphere can’t even keep the lights on. But, Hey, it’s not their fault, you guys.
- (Venezuelan President) Maduro blames the collapse on an “economic war” by capitalists.
Actually, it’s the economic war *on* capitalists that caused your problems, comrade….
(click over to sea what Maduro is legislating now)