Venezuela Embraces the Socialism of Fools
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  • This statement “Expect Chavez and his cronies to use all manner of disparagement to discredit his rivals and explain away his economic failures.” could be used to describe the way Obama and the Democrats will run their campaigns as well. The politics of personal destruction has been alive and well in this country for at least 20 years, since the Clinton era. Don’t see any difference between our political process and that of the “fools” in Venezuela.

  • Adam Garfinkle

    Yes, some years ago — 2009 specifically — I analyzed the anti-Semitism of the Chavez regime in JEWCENTRICTY: HOW THE JEWS ARE PRAISED, BLAMED AND USED TO EXPLAIN NEARLY EVERYTHING (John Wiley and Sons). Use the index; you’ll find it.

  • Walter Grumpius

    Well, I suppose _some_body’s got to say it…

    WRM writes, “This is the socialism of fools.”

    A tautology, though: _all_ socialism is the socialism of fools.

  • luke Weyland

    As Chavez’s ‘economy of fools’, rises once again, the economy of Greece under the stewardship of an unelected banker, and the wise eyes of the IMF, World Bank, EEU and Merkel collapses.


  • The socialism of Chavez (and Mugabe I’d add) is well beyond foolish. It is delusional. No matter how bad the outcomes they insist it is someone else’s fault and carry on with more of the same bad policy led by superheroic inflation of their currencies. That either actually exist outside of a Gilbert and Sullivan operetta is testament to human perversity.

  • rvastar

    When people are foolish enough to give Leftists power, there are ALWAYS two results:

    1. A steady devaluation of the national currency.

    2. An ever-expanding list of “enemies of the people” who are to blame for it.

    What was it that Santayana said again?…

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