LAST ONE OUT SWITCH OFF THE LIGHTS!

Chavez's Venezuela is a classic example of how socialism devastates everything it touches:

Venezuela descends into chaos. Its people, once the wealthiest in Latin America, starve. Even The New York Times runs headlines like "Dying Infants and No Medicine." [J Stossel]

A country with the greatest measurable deposit of oil in the world is dying on its feet.
Why?
Because of socialism of course.

Socialism has failed in Angola, Benin, Cambodia, China, Congo, Cuba, Ethiopia, Laos, Mongolia, Mozambique, North Korea, Poland, Somalia, the Soviet Union, Vietnam and now Venezuela. We are yet to experience the blessed event of seeing one socialist country succeed. Remember also that the NAZI Party was the Nationalist SOCIALIST party and Hitler despised capitalism because he said it sprang from the Jews (Of course that did not prevent him from enacting 'Crony Capitalism' which is an oxymoron, and flies in the face of real free enterprise).

In 1973, when Chile abandoned its short-lived experiment with socialism and embraced capitalism, Chilean income was 36 percent that of Venezuela. Today, Chileans are 51 percent richer than Venezuelans. Chilean incomes rose by 228 percent. Venezuelans became 21 percent poorer.
Venezuela has greater oil reserves than Saudi Arabia. But because some people believe socialism is the answer to inequality, Venezuelans starve.

Socialism(and Crony Capitalism) always results in the greatest  concentrations of wealth landing in the fewest of pockets even though most of its proponents claim otherwise. In fact regarding those who refuse to acknowledge the truth of socialism, consider these air-headed elites who champion socialism from their air-conditioned multiple mansions, including Noam Chuomsky, the infamous American radical who backs many of the most pernicious regimes on earth:

So are American celebrities who championed Venezuela's "people's revolution" embarrassed? Will they admit they were wrong?
"No," says linguist and political writer Noam Chomsky. "I was right."
Sigh.
Actor Sean Penn met with Hugo Chavez several times and claimed Chavez did "incredible things for the 80 percent of the people that are very poor."
Oliver Stone made a film that fawned over Chavez and Latin American socialism. Chavez joined Stone in Venice for the film's premiere.
Michael Moore praised Chavez for eliminating "75 percent of extreme poverty."
Hello?! In Venezuela, Chavez and his successor, Nicolas Maduro, created extreme poverty.[ibid]

Michael Moore could do with spending at least a year in Venezuela himself:

My Venezuelan-born friend Kenny says his relatives are speaking differently. Cousins who once answered "Fine" or "Good" when asked, "How are you?" now say, "We're eating."
Eating is a big deal in the country that's given birth to jokes about a "Venezuelan diet." A survey by three universities found 75 percent of Venezuelans lost an average 19 pounds this year.[ibid]

Will such recorded reality now change the minds of fools such as these? I fear not. Emotion, pride, power and pettiness blinds the eyes to true-truth and until intellectuals and rich fools such as these live under and experience the depravity of socialism they will never acknowledge its failures, and that is a sad state for the majority of people living under these regimes:

As Tupy wrote elsewhere about another socialist fool, "As much as I would like to enjoy rubbing (his) nose in his own mind-bending stupidity, I cannot rejoice, for I know that Venezuela's descent into chaos -- hyperinflation, empty shops, out-of-control violence and the collapse of basic public services -- will not be the last time we hear of a collapsing socialist economy. More countries will refuse to learn from history and give socialism 'a go.' 'Useful idiots,' to use Lenin's words ... will sing socialism's praises until the last light goes out."[ibid]

In South Australia we are living under and in increasingly bold socialist regime.
Ergo our electricity bills are the highest in the country, and are almost the highest in the world....and are set to increase later this year. All of this and we are living in a country that has been blessed with coal and gas reserves that few other countries possess.

My mind boggles at the stupidity of it all, until that is I read the bible and I see that the nature of mankind has changed not a jot over the past few thousand years.