Posted on 08/01/2016 5:44:08 PM PDT by MtnClimber
Latin America’s hard-left -- the left enraptured by Fidel Castro’s 57-year-old Cuban Revolution and Hugo Chavez’s 21st Century Socialism -- has been losing terrain, indeed collapsing, both on efficiency and on moral grounds.
Countries ruled by like-minded leaders and parties have generally shown a poorer economic performance than the region at large. This has notably been the case of Argentina under Nestor and Cristina Kirchner; of Brazil under the second mandate of Luiz Inacio Lula da Silva and his successor, Dilma Rousseff; and, most of all, of Venezuela throughout its 17 years of Chavismo.
True, Bolivia’s Evo Morales, as well as Lula during his first term, registered impressive performances with regard to economic growth and poverty eradication; but these achievements can largely be attributed to the fact that both leaders played by the book and abided by neoliberal macro-economic orthodoxy, instead of yielding to the lavish public spending, money printing, and bureaucracy bloating that form the core of a typical populist-left policy.
Cuba’s regime, for its part, has invariably staged a dismal economic showing.
(Excerpt) Read more at realclearworld.com ...
These countries are feeling the Bern.
We can be like them in just 4 years if Hillary!
gets in.
If you believe socialism is a good idea, you are automatically unfit to govern yourself. Anyone who believes they can ride in the cart at the expense of others, deserves to live in a cesspool under a dictatorship.
Everywhere the Left takes over, the national economy goes straight into the tank.
It’s a lesson engraved in stone which has unfortunately been lost on Americans.
“We can be like them in just 4 years if Hillary gets in.”
This country will simply cease to exist virtually overnight if Clinton steals the election. Bet on it!
I wonder how long we have to wait for it to happen here.
Let’s hope people down there are coming to their senses, just as the younger generation in the US is losing theirs...
It is happening this election. Communism against freedom. I don’t think an electipn will solve the divide.
If you shoot enough malcontents who don’t embrace the revolution morale will improve.
When socialism fails as it always does, it is replaced by the iron fist of totalitarianism as has happened in Venezuela. I lived there when it was free. It was corrupt but it was free and the election where not corrupt until Chavez.
It was a lovely country once. It is now a failed nation.
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