The Venezuelan Case Against Socialism

During the 2016 presidential election, thousands of young adults came out in support for the Democratic Socialist Bernie Sanders. These adults are unfortunate enough to begin believing the Left’s lies on how to achieve a better society through the means of socialism. A great deal of panic comes from the sheer amount of people supporting an anti-American economy. However, the underlying issue is the fact that most people cannot define socialism. Without a proper definition, people are not sure when to act and if their leaders and government have crossed the line.

As defined by the Merriam-Webster Dictionary, socialism is any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods. Keeping this definition in mind is important when determining whether or not a politician, government, group and others are socialist or advocates of socialism. Why is socialism such a problem?

First, socialism is built upon the concept of wealth equality and the end of the wealth gap between the rich and the poor. However, this concept is inherently immoral and greedy, something that socialism claims not to be. In a socialist society, a person who works longer hours in a more skillful or dangerous job will make as much as a person who works shorter hours in a menial job, or one who doesn’t work at all. All these people receive the same reward for different amounts of work from the government, creating a perverse incentive for working. This economic system was used by the newly arrived pilgrims before they discovered the inherent and fatal flaw of the system [1].

Next, compared to the common people who are extremely poor, corrupt government officials are extremely rich. Good examples of this are the current socialist countries such as Colombia and Venezuela. Venezuela was taken over by Hugo Chavez in a democratic election. Initially, he redistributed wealth and nationalized the oil industry, making it part of the public sector.

At first, it worked and people were happy with free money and benefits. However, many other businesses were forcibly closed down due to not backing the socialist policies, causing many decreases in production. Eventually, oil prices fell and the country began suffering from the lack of basic necessities due to the overinflated currency.

These countries are divided into two classes: The extremely rich and the extremely poor.

The rich people are high ranking, corrupt government officials; the extremely poor are forced to wait in long lines in hopes of getting their hands on scraps of food[2]. Finally, the unusually high crime rate in socialist countries is nothing you find in countries like the U.S. Shootings are extremely common, and law enforcement don’t do their job adequately [3]. The murder rate in the United States is 6.2 people per 100,000 sample, which pales in comparison to Venezuela’s 90 per 100,00 people.  In the news, police regularly make headlines due to their corrupt behavior such as drug and gasoline smuggling. In the end, there are many more reasons explaining socialism as an evil economic system.

What is the solution to this issue of greed and viral spread of this idea? The proper education of students on what socialism really is a good place to start. Instruction on capitalism and its system is important to ensure that our Millennials don’t fall for last century’s great evils.

The best place to start is to show the following PragerU videos:
[1] America’s Socialist Origins:
[2] How Socialism Ruined My Country:
[3] What’s Wrong with Socialism?