How is Socialism Connected to Corruption? Venezuela shows how.
Years of mismanagement, systemic corruption, and chronic underinvestment have devastated the country’s health system, compounding the deterioration of the electrical grid and other essential public services. Venezuela is loaded with shambling buildings, thrown up in the 1950s and 1960s quickly during the various oil booms, and never brought up to code. A significant share of the country’s building stock, particularly older urban residential construction, consists of unreinforced masonry — a material category that performs poorly in earthquakes and is prone to sudden, catastrophic collapse. Socialists do not prepare for disasters; they spend the cash immediately so there is none of it to save the people.
Views: 0
