10 Facts about World Poverty That Will Shock You
5. Centrally planned ruined
Meanwhile, as the world enjoys a steady advance towards better conditions for all, nations like Venezuela that reject economic freedom are suffering. Unrest grows, and shortages of food and all basic needs cause million to fend for their lives. Ironically, Venezuela’s woes are caused by a system of economic control which claims to be for the people and aimed at helping the poor. It does the opposite. Venezuela should be one of the richest nations on earth, as they are one of the largest oil producers in the world. But the socialist government sucks up the profits and the people see none as their government buys new tanks and sends aid money to support its fledgling communist ally, Cuba. Both nations have people which suffer inexplicably, because their government refuse to embrace economic freedom.
