The Maduro regime, following the Chavez blueprint, has been loudly cheered on by the Useful Idiots of the world as they have aggressively implemented socialism.
|Useful Idiot Poster Child Sean Penn|
See? Socialism works!
|Empty shelves... thanks Sean Penn!|
This was entirely predictable. What was surprising is the speed at which the country collapsed. It took the Soviet Union 70 years to collapse, but here we see the economy implode in a little more than a decade.
Why so fast?
The modern technology dependent economy is much more fragile than the brute force agriculture and steel economy of the last century.
Farming depends on high tech tractors and bio-engineered seeds, not draft horses and gleaners. Manufacturing companies are critically dependent on free trade and a global supply chain, not coal mines and steam locomotive driven trains.
When you block free trade and seize the assets of the corporations that are feeding your nation, they stop feeding your nation. The gulf between modern agribusiness and traditional farming methods is huge -- enough to plunge the nation into famine.
Socialism works -- assuming your definition of works is 'destroys the economy'.
|Socialism is the equal sharing of misery|
The good news is that the modern economy can't survive for very long under socialism.
The Bolsheviks condemned millions to 70 years of oppression and poverty. The Venezuelan's are lucky, their country won't last the year.