Don’t blame socialism for Venezuela’s woes* – Trinidad & Tobago Express

The absolutely outstanding article by Diana Mahabir-Wyatt in the Express of July 21 should be required reading for all those persons who are so quick to berate Venezuela because they are of the view that the problem in the country is caused by socialism. Ms Mahabir-Wyatt was careful to note the statement by the eminent professor that there are many countries which follow the socialist path but have succeeded in providing a very high standard of living for their people. The reason for this is the maturity of the society, that the citizenry expect and accept that the State apparatus will work to their benefit. There is little interference by outside forces, maybe because of the distance from the superpower. But no, that cannot be the reason, because they are strategically located to be of use to the USSR, and as a result would have been coveted as satellites. So it cannot be simply location. The only undeniable reason for socialism not to succeed is the lure of money. Socialism attempts to afford a more egalitarian division of the wealth of the country while maintaining the rights of the individual.

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Don't blame socialism for Venezuela's woes* - Trinidad & Tobago Express

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