Socialism is a hard thing to explain to the average person. We at Peter L Rogers believe that the right mix of democracy and socialism is the best option. This though needs to be very dynamic in order to adapt to very changing circumstance. It has been said of Venezuela that Socialism failed there. Factually it didn’t. It worked perfectly so perfect people had to break into the zoo’s and kill the animals to simply eat. It was less about not being able to afford to eat than the food simply was not there. Food did not exist. Only about 3 years earlier Venezuela was one of the wealthiest countries in the world, the land of plenty.
The same situation happened in Zimbabwe (formerly Rhodesia) which was called the food bowl of Africa. Same as South Africa. Both have fallen to Socialism and are now debt ridden with the population starving. Zimbabwe is so bad they do not have a currency anymore. That’s right, no national currency. Think about it. The following meme may help explain it. Argentine went through it with inflation hitting one million percent per day. Basically that means if you had the buying power of one million dollars today, you would have the buying power of one dollar tomorrow.