socialism kills

How do we measure the cost of Venezuelan socialism?

For the massacre’s victims, and for those whom an increasingly aggressive, totalitarian Beijing would victimize in the future, we must remember June 4, 1989.

In this series we will publish weekly cutouts from the book by Kristian Niemietz

Her speech is direct and precise. Gloria Alvarez says what she thinks, and does not seem to be afraid of being ‘politically incorrect’ when talking about the most diverse issues, no matter how controversial they may be.

In this series we will publish weekly cutouts from the book by Kristian Niemietz

CHINA UNDER MAO TSE-TUNG: ‘A REVOLUTIONARY REGIME MUST GET RID OF A CERTAIN NUMBER OF INDIVIDUALS THAT THREATEN IT’

Equating capitalism with colonialism, Africa’s nationalist leaders rejected it and adopted socialism in the 1960s. Foreign companies were nationalized, a string of state-owned enterprises was established and a plethora of state controls on rent, prices, imports, and foreign exchange were imposed to capture the commanding heights of the economy.

Here you can see an illustration of hyperinflation since 1980 until the end of 2018.

In this series we will publish weekly cutouts from the book by Kristian Niemietz

There are two Venezuelas: the Venezuela of yesterday, prosperous and thriving, and the Venezuela of today: poor, corrupt and in the dark.

In this series we will publish weekly cutouts from the book by Kristian Niemietz

VENEZUELA UNDER HUGO CHÁVEZ: ‘A DIFFERENT, AND A BETTER WAY OF DOING THINGS. IT’S CALLED SOCIALISM