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Honored Social Butterfly

Venezuela Reminds Us That Socialism Frequently Leads to Dictatorship

Venezuela Reminds Us That Socialism Frequently Leads to Dictatorship Nicolas Maduro’s Venezuela is one place where Friedrich Hayek's most dire warnings remain relevant.

 

 

On March 29, the Supreme Court of Venezuela dissolvedthe country's elected legislature, allowing Venezuela's top court to write future laws. The court is filled with allies of Venezuela's socialist president, Nicolas Maduro, while the legislature is dominated by Maduro's opponents, and the court's ruling was seen as the latest step on Venezuela's descent into a full-fledged dictatorship. But following international outcry—as well as the appearance of crackswithin Maduro's own party—the court reversed itself just a few days later, on April 1.

 

Thus, the uneasy standoff between Venezeula's legislature and executive is set to continue. Last week's episode is only the latest reminder of the tendency of socialism to lead to dictatorship, as identified by the Nobel Prize-winning economist Friedrich Hayek in The Road to Serfdom.

 

In 1944, when he wrote his book, Hayek noted that the crimes of the German National Socialists and Soviet Communists were, in great part, the result of growing state control over the economy. As he explained, growing state interference in the economy leads to massive inefficiencies and long queues outside empty shops. A state of perpetual economic crisis then leads to calls for more planning.

 

 

But economic planning is inimical to freedom. As there can be no agreement on a single plan in a free society, the centralization of economic decision-making has to be accompanied by centralization of political power in the hands of a small elite. When, in the end, the failure of central planning becomes undeniable, totalitarian regimes tend to silence the dissenters—sometimes through mass murder.

Hayek was fortunate enough to live to see the defeat of both the Nazi and Soviet totalitarian regimes. Unfortunately, there are still places where Hayek's most dire warnings remain relevant. Nicolas Maduro's Venezuela is one such place.

 

Beginning in 1999, when Maduro's predecessor, the late Hugo Chavez, became President, the government has played an ever-increasing role in the Venezuelan economy. Price and wage controls were put in place, trade was restricted, and private property was expropriated—often without compensation. Partly as a result of those economically illiterate actions (the fall in the price of oil, which Venezuela depends on, did not have such dire consequences in any other oil-rich country), Venezuela's economy tanked and public opposition to the ruling regime increased. Thus, the 2015 parliamentary election saw the opposition to Maduro's leftist policies capture a super-majority in the country's National Assembly.

 

Unfortunately, socialism, in spite of its manifest failings and Hayek's warnings, refuses to go away. Wannabe socialists are thus destined to learn not from history, but from their own mistakes. In the meantime, ordinary people suffer.

 

READ MORE HERE:

 

 

VIMTSTL
Silver Conversationalist

Hey Jim - I'd almost forgotten how very much I admire old Hayek... Thanks for posting this piece and reminding me!
🙂
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Trusted Social Butterfly

So does Facism, Communism, Libertarianism,Theocracy,...from any ideology of a county's far Right it will get a Hitler dictator, from any ideology of a county's far Left it will get a Stalin dictator.

 

 

Honored Social Butterfly


@alotofgrey wrote:

So does Facism, Communism, Libertarianism,Theocracy,...from any ideology of a county's far Right it will get a Hitler dictator, from any ideology of a county's far Left it will get a Stalin dictator.

 

 Thankfully the election of President Trump stopped the slide towards the neo-Marxism of the Progressive Movement. If not....well, who knows, maybe the Stalinism grey mentioned.

Trusted Social Butterfly


@rk9152 wrote:

@alotofgrey wrote:

So does Facism, Communism, Libertarianism,Theocracy,...from any ideology of a county's far Right it will get a Hitler dictator, from any ideology of a county's far Left it will get a Stalin dictator.

 

 Thankfully the election of President Trump stopped the slide towards the neo-Marxism of the Progressive Movement. If not....well, who knows, maybe the Stalinism grey mentioned.


52,

 

Give me a figging break, Trump is the leader of our neo-Marxism Pogressive Movement. Before you jump on me...

 

He leads the "Pinko" politicians on our Right that advocate, support, and demand that all of our government budgets should and must be in the red, kept it in the red, and no amout of red is too much. 

 

He leads those "other peoples money"  politicians that Reagan said he hated. They just tried to use that failed Obamacare repeal bill to stick $600B more of red into our federal budget.

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@alotofgrey wrote:

@rk9152 wrote:

@alotofgrey wrote:

So does Facism, Communism, Libertarianism,Theocracy,...from any ideology of a county's far Right it will get a Hitler dictator, from any ideology of a county's far Left it will get a Stalin dictator.

 

 Thankfully the election of President Trump stopped the slide towards the neo-Marxism of the Progressive Movement. If not....well, who knows, maybe the Stalinism grey mentioned.


52,

 

Give me a figging break, Trump is the leader of our neo-Marxism Pogressive Movement. Before you jump on me...

 

He leads the "Pinko" politicians on our Right that advocate, support, and demand that all of our government budgets should and must be in the red, kept it in the red, and no amout of red is too much. 

 

He leads those "other peoples money"  politicians that Reagan said he hated. They just tried to use that failed Obamacare repeal bill to stick $600B more of red into our federal budget.


Hookay-dookay, one "friggin break" coming up.

 

Trump is not a Conservative of the Buckley or Goldwater type. However, his election did stop our rapid decent into the neo-Marxism of the Progressive Movement. So, I guess we have to give thinks where we can.

Honored Social Butterfly


@rk9152 wrote:


Hookay-dookay, one "friggin break" coming up.

 

Trump is not a Conservative of the Buckley or Goldwater type. However, his election did stop our rapid decent into the neo-Marxism of the Progressive Movement. So, I guess we have to give thinks where we can.


I would love to see a road map or an explanation as to the road that was taking all of us to the precipice of Neo Marxism . It is cheap to talk about something and simply don't put facts in order to support an statement. so what was done by all of those Marxists that wer taking this country to the evil of Marxism.

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@rk9152 wrote:

@alotofgrey wrote:

So does Facism, Communism, Libertarianism,Theocracy,...from any ideology of a county's far Right it will get a Hitler dictator, from any ideology of a county's far Left it will get a Stalin dictator.

 

 Thankfully the election of President Trump stopped the slide towards the neo-Marxism of the Progressive Movement. If not....well, who knows, maybe the Stalinism grey mentioned.



@rk9152 wrote:

@alotofgrey wrote:

So does Facism, Communism, Libertarianism,Theocracy,...from any ideology of a county's far Right it will get a Hitler dictator, from any ideology of a county's far Left it will get a Stalin dictator.

 

 Thankfully the election of President Trump stopped the slide towards the neo-Marxism of the Progressive Movement. If not....well, who knows, maybe the Stalinism grey mentioned.


To my own amazement, You actually believe what you have posted. 

no name
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@Roxanna35 wrote:

@rk9152 wrote:

@alotofgrey wrote:

So does Facism, Communism, Libertarianism,Theocracy,...from any ideology of a county's far Right it will get a Hitler dictator, from any ideology of a county's far Left it will get a Stalin dictator.

 

 Thankfully the election of President Trump stopped the slide towards the neo-Marxism of the Progressive Movement. If not....well, who knows, maybe the Stalinism grey mentioned.



@rk9152 wrote:

@alotofgrey wrote:

So does Facism, Communism, Libertarianism,Theocracy,...from any ideology of a county's far Right it will get a Hitler dictator, from any ideology of a county's far Left it will get a Stalin dictator.

 

 Thankfully the election of President Trump stopped the slide towards the neo-Marxism of the Progressive Movement. If not....well, who knows, maybe the Stalinism grey mentioned.


To my own amazement, You actually believe what you have posted. 


I am impressed that you liked it so much that you quoted it twice. Thank you....

Honored Social Butterfly

I read the link, very interesting. I have a few comments on what he has said. 
I believe that idiosincracy of most of Latin Americann countries plays also along the development on what is happening in Venezuela.

Latin American countries have always been prone to government corruption and that is a way of life in most of Latin America.

You do have lots of dictatorships that have taken over government, but the corruption at all levels exist and probably will exist for a very long time.
We have seen revolutions and all kinds of changes in many of those countries, but the constant, have always been corruption in government. 
I believe that poverty has always played a big part on why these countries have never achieved their potential. But corruption is so intrinsic in the culture that has never been able to allow better ways of government to flourish.

To say that socialism precieds a dictatoship. is somewhat shortsided .

We have seen revolutions in most of Latin America, in which Democracies, Dictatorship and all kinds of government have been present. To blame socialism as the cause of a Dictatorship is childish and not willing to understand the idiosyncracy of all Latin American governments and culture.

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Honored Social Butterfly

Are you now blaming the fact that the Republicans are pushing us into a dictatorship on 'socialism'?

Honored Social Butterfly


@Snoopy48 wrote:

Are you now blaming the fact that the Republicans are pushing us into a dictatorship on 'socialism'?


What in the article could possibly lead you down that path? 

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