There is much talk about Venezuela in the alternative media, which touts the country’s dire situation as a “failure of socialism”, without any knowledge of history or economics. The accredited media on the other hand, has largely ignored the situation in Venezuela, as covering it would only give more credence to the extreme right. But for those interested in the real story, this article breaks it down for those willing to listen.
The tragedy of Venezuela is nothing new. This is a plight that has affected communist and socialist countries throughout the last century, from the Soviet Union and Maoist China, to Cambodia and Cuba. To the layman, it appears that communism and socialism is at fault, but the trained historian and economist will tell you a different story. The shocking reality is that before descending into chaos, every socialist regime has enjoyed a golden age of prosperity. There was a time during the Soviet Union when worker morale and productivity was unprecedented, and citizens enjoyed some of the highest standards of living in the world, and the same can be said of Communist China and Venezuela.
So what caused each of these stunning socialist successes to eventually collapse? Well, the simple answer is that the capitalists who watched as the proletariat received free food, housing and healthcare by the millions, were fearful that citizens in other countries would catch on to the benefits of communism, and would seek to nationalize industries and end wage slavery. In addition, other capitalists looked on with greedy eyes as the natural resources of these countries were distributed to the proletariat. So, out of greed and fear, capitalists set about sabotaging these regimes by undermining their economies. In the case of Venezuela, oil companies and pro-capitalist governments collaborated to crash the price of oil, Venezuela’s main source of income. As a result, their economy has collapsed, and the consequence is what we see today.
Some aspects of the golden age of socialism have survived to this day, such as Cuba’s world class healthcare system, which millions of Americans travel to every year to receive treatment. Many progressive nations such as Canada and France have also copied some of the best aspects of communism such as free healthcare and free education, but the capitalist opposition to nationalization has kept these countries enslaved by corporations. It’s sad that the real story of Venezuela and socialism hasn’t been explained to the majority of the public, but the fake news media has become so powerful that overcoming their disinformation is a mammoth task. So the best we can do at this point, is simply ignore the situation in Venezuela and hope that people don’t use it to draw false conclusions about socialism. Either way, progressivism is rising globally, and will soon be unstoppable.