Posted on 10/08/2014 8:08:39 AM PDT by Oldeconomybuyer
CARACAS - The socialist movement built by Venezuela's former president Hugo Chavez risks imploding if corruption, inefficiency and an economic crisis are not tamed, a dissenting faction of the ruling Socialist Party says.
"The revolutionary process is in danger, it's falling apart," warned Gonzalo Gomez Freire, a leader of Marea Socialista, or "Socialist Tide", a small but vocal group of leftist intellectuals critical of President Nicolas Maduro's government.
Chavez handpicked Maduro as his successor before he died of cancer in March 2013 and Maduro went on to win a presidential election the following month.
But he is now under intense pressure with an economy in recession, shortages of basic goods and medicines, annual inflation above 60 percent and sky-high crime.
Maduro lacks Chavez's charisma and his approval rating has dropped to around 35 percent.
(Excerpt) Read more at af.reuters.com ...
“The socialist movement built by Venezuela’s former president Hugo Chavez risks imploding if corruption, inefficiency and an economic crisis are not tamed”
Corruption and inefficiency are inherent in statism. The idea that a system of force and theft can somehow attract angels in human form is utter nonsense. If it does attract those, they will be outnumbered by thugs. Not to mention be corrupted into thugs themselves.
THAT'S A RECESSION? Sounds worse that a depression.
All of the anti-Chavez blogs I have seen are usually run by leftists, although leftists who think a thriving private sector economy is a good idea.
Guess they are the Venezuelan version of Alexander Dubcek.
At sometime in the life of any person or organization, its ability to succeed — despite major flaws over time — runs out.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.