Nicolás Maduro Moros, the president of Venezuela, served under Hugo Chavez and now presides over one of the most horrific economic catastrophes in recent history as well as a famine of epic proportions.
Here’s how it happened.
Venezuela has one of the richest oil reserves in the world. Prior to the breakdown, it was the nation’s single export good. The entire economy was devoted to the maintenance and operation of the country’s oil infrastructure. That is to say, it was a completely oil based economy — a mono-culture.
For a mono-culture to function requires a totalitarian government that forces everyone to work within its production processes. The problem with a mono-culture is when the one capital export and product loses its market viability, the whole society collapses. That is what has happened in Venezuela.
That’s why people are fighting over garlic skins, eating their pets, scraping road kill off the streets, and dying from infection and starvation. It would be an exaggeration to say that socialism would do the same thing to our country because we are not a mono-culture. But it would not exactly be a move toward greater freedom either.
So, the Maduro regime is not helping by letting people get on with business as they wish. In fact, it is illegal in Venezuela for hospitals to attribute the death of an infant to starvation. That’s an attempt to hide the effects of their policies from the world. And Maduro is using draconian methods to keep the pain of his people quiet.
Here’s Fox News with more.
~ Liberty Video News
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