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Socialism Tag

Posted by Mary Chastain on April 21, 2017 20 Comments
General Motors has closed down its Venezuela plant after the socialist country seized the plant on Wednesday. Officials swiped the company's "production facilities and car stock," which forced GM to lay off 2,700 workers. The closure comes only a day after Venezuela erupted in more protests that have left at least three dead. President Nicolas Maduro's policies have left people jobless and without food. Bloomberg reported:
GM’s factory was “unexpectedly taken by the public authorities, preventing normal operations,” according to an emailed statement. The Detroit-based automaker said it “strongly rejects the arbitrary measures taken by the authorities and will vigorously take all legal actions, within and outside of Venezuela, to defend its rights.”

Posted by Fuzzy Slippers on February 11, 2017 27 Comments
A group of academics has published an article in the socialist publication Jacobin in which they advocate for a "federal job guarantee."  This proposal entails a guaranteed minimal income of $23,000 per year and "rising to a mean of $32,500" to people who do not have jobs.  This money would come, of course, from tax payers who do have jobs, most of whom can ill-afford the tax burden this "spread the wealth" scheme entails. This idea has been batted around by socialists (and communists) for decades and is again rearing its ugly head.

Posted by Mary Chastain on August 17, 2016 5 Comments
Not only has Venezuelan President Nicolas Madura's socialist policies starved people to death, but he has also brought back malaria. The New York Times has reported that desperate times have forced people to seek out gold in watery mines infested with mosquitos, which has led to the malaria resurgence because socialism ruined the economy and the country lacks medicine.

Posted by Mary Chastain on August 12, 2016 8 Comments
The Colombian and Venezuelan governments have agreed to partially open their border as Venezuelans need food and basic goods for survival. Venezuelan President Nicolas Maduro closed the border last year to prevent smuggling, but with his people literally starving to death due to his socialist policies, he had to change course.

Posted by Fuzzy Slippers on July 30, 2016 14 Comments
Here at Li, we've been covering the failure of socialism unfolding in Venezuela.  Toilet paper, sugar, and food shortages have resulted in violence and thus far unsuccessful attempts to oust President Nicolas Maduro.  With the country's citizens tired, hungry, and angry, Maduro has landed on a "solution" that would make Pol Pot proud:  forced labor. CNN reports:
In a vaguely-worded decree, Venezuelan officials indicated that public and private sector employees could be forced to work in the country's fields for at least 60-day periods, which may be extended "if circumstances merit." . . . .  President Nicolas Maduro is using his executive powers to declare a state of economic emergency. By using a decree, he can legally circumvent Venezuela's opposition-led National Assembly -- the Congress -- which is staunchly against all of Maduro's actions.

Posted by Mike LaChance on July 22, 2016 6 Comments
The newest video from Prager University is hosted by Dennis Prager himself and is as entertaining as it is enlightening. For the subject, Prager examines the differences between socialism and capitalism with an eye to the stereotype propagated by many on the left that capitalism makes people selfish.
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