As Economic Dictatorship Shattered Venezuela, The Useful Fools Applauded

As Economic Dictatorship Shattered Venezuela, The Useful Fools Applauded

Below Is a wonderful article by Jeff Jacoby.  We have “edited” the Headline in regards to two words, “Socialism” and “Idiots”.

First in regard to “Socialism” it is an advertizing word popularized by Karl Marx the founder of modern mass murdering Marxism which means a totalitarian dictatorship of the economy in which the government though force owns all property and all people, thus the people are slaves.

It is very similar to the slave plantations 200 years ago.  People can not quit their jobs or go to work for someone else or start a business or travel.  Just as a slave owner like Andrew Jackson provided “free” food and “free” housing and “free” medical care to “his” black slaves, Jackson did the same for his horses and cows. Governments like Castro’s Cuba do the same for the people they own.

To use Karl Marx’s deceptive advertising term helps the evil practice spread.  If one has the choice between “Socialism” and “Capitalism” it comes off as the choice between money and people. Whenever we use these terms, Marx smiles in his grave, that is exactly what he wanted. In fact the most anti-social people in history, the worst mass murders, are all people that called themselves “socialists”: Lenin, Stalin, Hitler, Mussolini, Saddam Hussein, Pol Pot, and Mao is a short list responsible for well over 100,000,000 murders.

Those that believe in Economic Dictatorship, should be called Economic Dictators. The word socialism was a corrupt deception from day one.  

The word capitalism is also quite meaningless as all systems are “capitalist”. In California Arthur Rock, a venture capitalist, gave money to Jobs and Wozniak to start Apple Computer in a voluntary transaction in exchange for part of the action.  The term venture capitalism actually makes sense in that regard. And when you go to a bank or a relative to get a mortgage for a home, they are capitalizing you in exchange for getting interest on the loan.

And in the USSR, the Union of Soviet Socialist Republics, Joe Stalin would capitalize things too. He would say fund building a railway station in Moscow, and a slave labor camp in Siberia and a rifle factory in Stalingrad as the economic dictator of Russia.

And in “National Socialist” Germany Hitler as economic dictator would say “fund and build an Autobahn in Dresden and a concentration death camp in Dachau”, and they were built. Capitalism means funding things, providing the money for projects. All systems fund things, the choice is between a free market economy where Arthur Rock funds Apple Computer with mutual consent, or Adolf Hitler funding the Dachau Death Camp through force as the economic dictator of Germany.  The choice is between a free market economy and an economic dictatorship by the government.   We can shorten that to a Dictator Economy, that is what it is in reality. 

So the real choice is either a Free Market Economy or a Dictator Economy.

The second edit is in regard to “Idiot”, technically it means:

Idiot: Neurology
An obsolete term formerly used for an individual with profound mental retardation (IQ < 20).

But it also has been corrupted.  The problem is not mentally retarded people believing in a Dictator Economy.  First of all there is nothing wrong with being mentally retarded, that is something people have no control over and everyone of us could have been born that way or become mentally retarded tomorrow from a head injury.

The problem is being arrogantly and ignorantly foolish.  The people most likely to believe in Marxist Dictator Economics  in the USA are college professors, far from being mentally retarded. Those that do believe in Dictator Economies are however arrogantly and ignorantly foolish.  They are also by Albert Einstein’s definition insane: 


Einstein was using the word Insane figuratively, but his statement convicts all people who believe in Economic Dictatorships as having the worst of of reasoning ability, of being very foolish.


Now for Jacoby’s excellent article on Venezuela: 

As Socialism Shattered Venezuela, The Useful Idiots Applauded

When the Cold War ended 25 years ago, the Soviet Union vanished into the ash heap of history. That left the West’s “useful idiots” — Lenin’s term for the ideologues and toadies who could always be relied on to justify or praise whatever Moscow did — in search of other socialist thugs to fawn over. Many found a new heartthrob in Hugo Chavez, the anti-Yanqui rabble-rouser who was elected president of Venezuela in 1998, and in short order had transformed the country from a successful social democracy into a grim and corrupt autocracy.

An avowed Marxist and protégé of Fidel Castro, Chavez gradually seized control of every lever of state power in Venezuela. The constitution was rewritten to strip the legislature and judiciary of their independence, authorize censorship of the press, and allow Chavez to legislate by decree. Before long the government acquired a stranglehold over the economy, including the huge and profitable energy sector. (Venezuela has the largest oil reserves in the world.)

With petrodollars pouring in, Chavez had free rein to put his statist prescriptions into effect. The so-called “Bolivarian revolution” over which he — and later his handpicked successor, Nicolas Maduro — presided, was an unfettered, real-world example of anticapitalist socialism in action. Venezuela since at least the 1970s had been Latin America’s most affluent nation. Now it was a showpiece for command-and-control economics: price and currency controls, wealth redistribution, ramped-up government spending, expropriation of farmland, and the nationalization of private banks, mines, and oil companies.

And the useful idiots ate it up.

In a Salon piece titled “Hugo Chavez’s economic miracle,” David Sirota declared that the Venezuelan ruler, with his “full-throated advocacy of socialism,” had “racked up an economic record that . . . American president[s] could only dream of achieving.” The Guardian offered “Three cheers for Chavez.” Moviemaker Oliver Stone filmed a documentary gushing over “the positive changes that have happened economically in all of South America” because of Venezuela’s socialist government. And when Chavez died in 2013, Jimmy Carter extolled the strongman for “improving the lives of millions of his fellow countrymen.”

In the real world, however, socialism has transformed Venezuela into a Third World dystopia.


Venezuela this Christmas is sunk in misery, as it was last Christmas, and the Christmas before that. Venezuelans, their economy wrecked by statism, face crippling shortages of everything from food and medicine to toilet paper and electricity. Violent crime is out of control. Shoppers are forced to stand in lines for hours outside drugstores and supermarkets — lines that routinely lead to empty shelves, or break down in fistfights, muggings, and mob looting. Last week the government deployed 3,000 troops to restore order after frantic rioters rampaged through shops and homes in the southeastern state of Bolivar.


In the beautiful country that used to boast the highest standard of living in Latin America, patients now die in hospitals for lack of basic health-care staples: soap, gloves, oxygen, drugs. In some medical wards, there isn’t even water to wash the blood from operating tables.

Between 2012 and 2015, “the rate of death among babies under a month old increased more than a hundredfold in public hospitals run by the Health Ministry”, the New York Times reported in May. “The rate of death among new mothers in those hospitals increased by almost five times in the same period.”

Socialism invariably kills and impoverishes. Gushing oil revenues amid a global energy boom could temporarily disguise the corrosion caused by a government takeover of market functions. But only temporarily. The Chavez/Maduro “Bolivarian revolution” has been economic poison, just like every other Marxist “revolution” from Lenin’s Russia to Kim Il Sung’s North Korea to the Castros’ Cuba. By shredding property rights, dictating prices, and trying to control supply and demand, socialist regimes eventually make everything worse and virtually everyone poorer. Conversely, when governments protect free markets and allow buyers and sellers to interact freely, prosperity expands.  

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