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The Tragedy of Venezuela

Reader comment on item: Venezuela's Tyranny of Bad Ideas

Submitted by Jim Bolas (United States), Sep 14, 2018 at 13:17

My wife and I lived in eastern Venezuela in the early 70's. Notwithstanding the typical corruption which was common in those days there was a healthy level of prosperity and the people were generally satisfied with their lives. Foreign investment was everywhere. The Guri dam project brought reliable electrical power to the area and numerous mining and manufacturing plants were being built.

However, nationalization of industry followed as we returned to the U.S. which began the pullback of investment and economic retrenchment. Chavez followed by putting socialistic policies on overdrive and now the inevitable economic and humanitarian tragedy is firmly in place.

The left in the U.S. is blind to the reality which is immediately to the south. The media appears to downplay the tragedy and hopes it will solve itself which it can't. China, Russia and Iran have their own problems and can not bale out Maduro.

The only solution is for South America, Mexico and the U.S. in unison to demand change and continue to isolate Venezuela until it submits to internal reform. It may not be bloodless. The world has a severe and worsening humanitarian crisis on its hands in Venezuela which is entirely of the Venezuelans own making. It will be a true test of international institutions to remedy the situation.


Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments".

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Reader comments (20) on this item

Title Commenter Date Thread
The Tragedy of Venezuela [215 words]
w/response from Daniel Pipes
Jim BolasSep 14, 2018 13:17244864
Venezuela: What Can Go Wrong Always Does [27 words]DockyWockySep 13, 2018 11:36244848
1Keynes and Hayek. Go together like a horse and kayak. (Love and Marriage) [45 words]Dan SchnittkerAug 31, 2018 12:01244515
Keynes and Hayek [155 words]Sigmund DermanSep 17, 2018 00:59244515
Here We Go Again [24 words]Barry BlackAug 29, 2018 10:18244470
Lebanese Muslims in Iguazu Falls [89 words]
w/response from Daniel Pipes
dhimmi no moreAug 29, 2018 08:55244468
What is it with Latin America? [149 words]Kepha HorAug 28, 2018 19:56244459
4Baron Von Munchausen's Syndrome and Socialism [179 words]
w/response from Daniel Pipes
DaveAug 28, 2018 14:17244456
Venezuela's old troubles [59 words]
w/response from Daniel Pipes
Gabriel NivaschAug 28, 2018 07:27244452
1The Incompetence of Hugo Rafael Chávez Frías in the Modern World. [447 words]
w/response from Daniel Pipes
RobertAug 27, 2018 23:45244447
the shia community in venezuela [36 words]
w/response from Daniel Pipes
Krauser RobertAug 27, 2018 18:19244445
Blocked by WSJ subscription [20 words]
w/response from Daniel Pipes
RonAug 27, 2018 13:44244437
Venezuela.......socialist paradise [49 words]VarAwayAug 27, 2018 06:16244433
1cannot read the article about Venezuela! [162 words]
w/response from Daniel Pipes
Roberto MancinAug 26, 2018 23:56244426
would like to read the complete article too!! [52 words]carina silvana leichnerAug 27, 2018 17:58244426
1Who profits? [28 words]AL CONNELLYAug 26, 2018 23:01244424
An additional take on the Venezuela situation [140 words]
w/response from Daniel Pipes
C ShipmanAug 26, 2018 22:44244422
Venezuela, why dragging POTUS DJT into this discussion? [83 words]VarAwayAug 28, 2018 07:12244422
Re Trump, and other matters [49 words]Peter HerzAug 28, 2018 19:58244422
1Quelle Surprise [82 words]Christopher BilardiAug 26, 2018 22:16244418

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Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments".

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