"WE NEED MORE SOCIALISM"
https://www.investors.com/politics/...default-and-the-ongoing-failure-of-socialism/
Failed Economies: As Zimbabwe locked down following a military coup this week, Venezuela defaulted on its debt. On the surface, these events in these two countries — one African, the other South American — seem to have little in common. But, in fact, they share two very big things: Both are socialist, and both are failed states.
Indeed, both nations are near collapse, suffering from hyperinflation, economic contraction and widespread hunger. What's most alarming about this is that both countries have been, in the recent past, highly successful as capitalist economies. Today they are basket cases, Marxist-inspired dictatorships that were systematically run into the ground by their socialist leaders.
https://www.investors.com/politics/...default-and-the-ongoing-failure-of-socialism/
Failed Economies: As Zimbabwe locked down following a military coup this week, Venezuela defaulted on its debt. On the surface, these events in these two countries — one African, the other South American — seem to have little in common. But, in fact, they share two very big things: Both are socialist, and both are failed states.
Indeed, both nations are near collapse, suffering from hyperinflation, economic contraction and widespread hunger. What's most alarming about this is that both countries have been, in the recent past, highly successful as capitalist economies. Today they are basket cases, Marxist-inspired dictatorships that were systematically run into the ground by their socialist leaders.
