Freedom

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.

“There are two sides to every issue: one side is right and the other is wrong, but the middle is always evil … In any compromise between food and poison, it is only death that can win. In any compromise between good and evil, it is only evil that can profit.” (Galt’s Speech)

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

In the 70’s, Chile was a country devastated by Salvador Allende's interventionist policies. The socialist government had destroyed the economy and destabilized society, leaving the nation in a complete socio-economic ruin which was compounded by the lack of individual freedoms. Given the worrying situation, not surprisingly, the Chilean economy was moribund and other Latin American countries such as Mexico, Venezuela, and Argentina easily surpassed their standard of human development.

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

Constitutional president Juan Guaidó claims Venezuela is not socialist because there's no social justice, while economic indicators show it's the most equal country: equally empoverished.

British and Australian officials are killing off free speech online.

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