The Venezuelan crisis today is the epitome of a socialist nightmare, with protests, riots, looting, more than 60 dead, 1000 injured, and over 2,700 arrested. But how did a country rich with natural resources, including having the world’s largest oil reserves, get to how it is today, where people have to queue for hours to shop for food and where disease is rampant due to a shortage of medicine? Why do its citizens want President Maduro to step down given his socialist platform claims to have the people’s interests in mind?
Through this episode, we will be exploring how the socialist system, rather than just president Maduro, was responsible for the problems of today. Along the way, we will be discussing the underlying relationship between individuals and the state in a socialist country, and how it becomes a breeding ground for corruption, political abuse, and economic mismanagement.
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