Media elites say Venezuela proves socialism doesn’t work. But their argument falls flat on its face.

Establishment media voices and others on the right claim the current situation in Venezuelaproves socialism doesn’t work. The problem is, that argument falls flat on its face.

A common smear

Venezuela has been suffering from a severe economic crisis. That has entailed hyper-inflation, shortages of goods and medicines, and an exodus of people out of the country. And international voices seeking to weaponise this crisis smugly claim it’s ‘proof that socialism always ends in failure’.

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