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Latin America

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Judi Lynn

(160,485 posts)
Fri Sep 16, 2016, 12:50 AM Sep 2016

US-Led Economic War, Not Socialism, Is Tearing Venezuela Apart [View all]

US-Led Economic War, Not Socialism, Is Tearing Venezuela Apart

Americans have been trained by decades of Cold War propaganda to look for any confirmation that ‘socialism means poverty.’ But in the case of Venezuela and other states not governed by the free market, this cliche simply doesn’t ring true.

By Caleb T. Maupin | July 12, 2016

WASHINGTON — (ANALYSIS) The political and economic crisis facing Venezuela is being endlessly pointed to as proof of the superiority of the free market.

Images and portrayals of Venezuelans rioting in the streets over high food costs, empty grocery stores, medicine shortages, and overflowing garbage bins are the headlines, and the reporting points to socialism as the cause.

The Chicago Tribune published a Commentary piece titled: “A socialist revolution can ruin almost any country.” A headline on Reason’s Hit and Run blog proclaims: “Venezuelan socialism still a complete disaster.” The Week’s U.S. edition says: “Authoritarian socialism caused Venezuela’s collapse.”

Indeed, corporate-owned, mainstream media advises Americans to look at the inflation and food lines in Venezuela, and then repeat to themselves clichés they heard in elementary school about how “Communism just doesn’t work.”

More:
http://www.mintpressnews.com/us-led-economic-war-not-socialism-tearing-venezuela-apart/218335/

Good Reads:
http://www.democraticunderground.com/1016167021

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