Episode 6: How Socialism Devastated Venezuela with Jorge Jraissati
Channel: Foundation for Economic Education
Date: 25/05/2018

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FEEcast welcomes freedom activist Jorge A. Jraissati, a recent émigré to America from Venezuela, which is suffering a horrific economic and humanitarian crisis. In a recent video, HBO’s John Oliver, sitting in a market economy’s lap of luxury, insisted that socialism is not to blame for Venezuela’s plight. But Jraissati, who actually lived through Venezuela’s nightmare, begs to differ. He explains how socialist ideology and big government policies plunged his once-prosperous country into the depths of hunger and chaos.

Show Notes:


Video: One Venezuelan Student’s Heartbreaking Experience with Socialism
https://youtu.be/vMesFRmAy5Q

Article: “The Ongoing Implosion of Venezuelan Statism” by Daniel J. Mitchell
https://fee.org/articles/the-ongoing-implosion-of-venezuelan-statism/

Article: “Socialist Policy Tanked Venezuela's Economy, Not Falling Oil Prices” by Julian Adorney
https://fee.org/articles/socialist-policy-tanked-venezuelas-economy-not-falling-oil-prices/

Article: “Venezuela’s President Tackles Economic Crisis by Deleting 3 Zeros From its Currency” by Luis Pablo de la Horra
https://fee.org/articles/venezuela-s-president-tackles-economic-crisis-by-deleting-3-zeros-from-its-currency/

Article: “Middle-of-the-Road Policy Leads to Socialism” by Ludwig von Mises
https://fee.org/articles/middle-of-the-road-policy-leads-to-socialism/

Video: Venezuela: Last Week Tonight with John Oliver (HBO)
https://youtu.be/IYfgvS0FA7U