Winston Churchill made the telling observation that socialism can provide equality, but it is the equality of misery; while capitalism offers the inequality of prosperity and plenty. History has reinforced this belief many times and now we are living through this nightmare yet again in a place Hugo Chavez of Venezuela a called socialist paradise.
This is a dark and dangerous period with an unprecedented level of desperation. The socialists have taken an economy that was among the most successful in South America and reduced it to an unrecognizable facsimile of itself. Admittedly class distinctions are gone, just as food stuff has disappeared from grocery shelves.
The average weight of a Venezuelan has been reduced by 20 pounds. Scarcity has led to violence and the violence on the streets has been accompanied by a government crackdown.
Millions of Venezuelans have signaled their disapproval of President Nicolas Maduro, Chavez’s successor. However, despite overwhelming disapproval, Maduro is intent on consolidating his power through a constituent assembly vote and the drafting of a new Constitution, one that presumably would give him dictatorial authority.
Opposition leader Leopoldo Lopez, recently released from prison and under house arrest, has been engaged in mobilizing voter opposition to Maduro’s initiative. Whether a protest movement can gain momentum remains to be seen. But tensions have soared with widespread food and medicine shortages and an inflation that doubles the price of food each week.
Most Venezuelans are persuaded Maduro’s plan to convene a constituent assembly is undemocratic, notwithstanding the government’s position that it is the basis for freedom. This is Maduro’s transparent power grab.
Recognizing the obvious, President Trump said, “ Yet their strong and courageous actions (of the Venezuelan people) continue to be ignored by a bad leader who dreams of becoming a dictator.” Trump has hinted at strong and swift economic actions, even though sanctions imposed by the U.S. in 2015 had little practical effect.