Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Ron Paul
  • Bank Credit & Money
  • Dick Young’s Safe America
  • Your Survival Guy’s Super States
  • Critical Race Theory
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money

America Needs to Heed the Wonders of Socialism

April 24, 2019 By Debbie Young

By Paolo Costa @ Shutterstock.com

How can it be? Venezuela, once the richest country in South America, is now famous for malnourished children, starving adults and spreading disease. As the world looks on with horror, warns Mary Anastasia O’Grady in the WSJ, the real problem is ideological. It’s a lesson Americans need to heed.

Socialism in Venezuela whipped up envy and a deep distrust of business or anyone who dared to be creative and build wealth. “Poverty and dystopia were inevitable., continues Ms. O’Grady.

Socialist Pap from Our Politicians

Venezuela’s intelligentsia spent much of the 20th century inculcating the population with socialist pap. If you’re not sure what that means, listen to Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez. They spout the same nonsense.

Punishing Entrepreneurs in the Name of Social Justice

Intellectuals, educators and politicians promised that sticking it to the rich was the path to socialist paradise. As government intervention in the economy—particularly through price and exchange controls—damaged living standards, Venezuelans voted for more of it. Little did they know that by targeting the rights of successful entrepreneurs in the name of social justice, they were setting up the country to fail.

A Devastated Country Abandoned the Creative Class

Venezuelans haven’t abandoned the collectivist cause. Many popular opposition politicians still call themselves socialists, unwilling to defend the creative class and its members’ right to the fruits of their labor.

Socialism Strangles the Individual

Venezuela needs an ideas revolution that recognizes business as an endeavor of the human spirit. Socialists pose as humanitarians and sometimes even as Christians but their system strangles the person, who is at the heart of Catholic teaching.

Read more here.

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • Democrats' Socialism Promises Chile-like Collapse for America
  • VIDEO: Let America Be America Again
  • Welcome to Venezuela, America!
  • Author
  • Recent Posts
Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
Latest posts by Debbie Young (see all)
  • Greetings From Paris & Le Bristol Hotel - June 24, 2022
  • Biden, a Job Killing Machine - June 24, 2022
  • Good News for the 2nd Amendment - June 24, 2022

Dick Young’s Must Reads

  • Warning! Your Survival Guy’s on a Boil Water Advisory
  • Boom—Your Life Changes
  • America’s Number One Patriot: Naples Florida’s Alfie Oakes
  • FARM AMERICA: New York City’s Finest Cheesemongers
  • Is It All Coming Apart in the Government’s Face?
  • Democracy & Diversity: Not In the Constitution
  • Your Sheriff Can Thwart Federal Gun Control Efforts
  • The Fed – “Independent” and “Non Political” – Joins The Resistance
  • 751 “No-Go” Zones in France
  • Conflict Between Democratic Sovereignty and Transnational Progressivism (Globalism)

Our Most Popular Posts

  • Paris: How Hotel Lutetia Can Challenge Le Bristol Hotel?
  • Biden Running Out of People to Blame for High Gas Prices
  • RECESSION? Dow 25,000, $8 Gas, Rising Interest Rates, Spell Mid-term Crack Up
  • Here's Why the Fed Won't Raise Rates Enough
  • GOP Voters Want Republicans Who Will Actually Fight for Their Values
  • MONEY TALKS: The Best Service in Paris
  • The Lives of Others
  • Are Democrats Ditching President Biden?
  • One Surprising Thing You Should Know About Private Jets
  • 1st Time Elon Musk Votes Republican

Disclosure

RSS Youngresearch.com

  • Your Survival Guy: Clearing the Decks, Buying a Boat, Seeing the World and More
  • Is the Great Job Boom Over?
  • Here’s Why You Need a 15-Year Retirement Investment Plan
  • Will ESG Do to Steel Prices What It Did to Gas Prices?
  • Kellogg Cuts Loose with Split Plan
  • Apple Shares Resilient in the Face of Recession
  • MONEY TALKS: The Best Service in Paris
  • Predictions of MEGA-SPENDING on Metaverse
  • RECESSION? Dow 25,000, $8 Gas, Rising Interest Rates, Spell Mid-term Crack Up
  • Investing During a Recession

Greetings From Paris & Le Bristol Hotel

The Most Controversial Restaurant in Paris?

Your Survival Guy: Clearing the Decks, Buying a Boat, Seeing the World and More

Russia’s “Unsubtle” Artillery Attacks Not Necessarily “Archaic”

FLORIDA DODGED A BULLET: Elected Superb DeSantis Over Unstable Gillum

Biden, a Job Killing Machine

Copyright © 2022 | Terms & Conditions | About Us | Dick Young | Archives