venezuela

January 31, 2019

Venezuela’s ‘man-made failure’: A view from the UK and the U.S.

As Venezuela collapses, so do the dreams of countless Western socialists, who hailed the Bolivarian model as “twenty-first century socialism.” A number of prominent think tank leaders, including Acton Institute co-founder Fr. Continue Reading...

January 28, 2019

From the streets of Caracas, Venezuela

Perhaps nothing sums up the situation in socialist Venezuela quite like the photo below. Within just a few feet of a grocery store, people dig through a garbage truck in desperation looking for food. Continue Reading...

January 23, 2019

Venezuelans march for freedom

In 1982, Venezuela was the richest major economy in Latin America. Now, it’s the most dangerous country in the world, behind Afghanistan and war torn South Sudan. This is socialism. Continue Reading...

June 13, 2018

Venezuela: Latin America’s socialist nightmare

Last year, four out of 10 Venezuelans had property or money stolen. Hardly surprising since Venezuela was the least secure out of 144 nations, according to the most recent Gallup Law and Order Index. Continue Reading...

July 19, 2017

Video: Paul Bonicelli talks Venezuela’s socialist failure on Fox Business

Acton Director of Programs and Education Paul Bonicelli appeared on yesterday’s edition of Making Money with Charles Payne on Fox Business Network, and spent some time talking about the current dire condition of Venezuela, and the socialist experiment that got the country there. Continue Reading...

May 31, 2016

Audio: Samuel Gregg on Pope Francis, Populism, and ‘Teología del Pueblo’

Acton Institute Director of Research Samuel Gregg joined host Al Kresta on Ave Maria Radio’s Kresta in the Afternoon last Thursday to discuss the ongoing crisis of populism in Latin America, and the Vatican’s perspective on the region’s economic and social unrest under Pope Francis. Continue Reading...

May 27, 2016

Authoritarianism ruined Venezuela

Venezuela, though filled with exotic beaches and many natural resources, has the most miserable economy in the world thanks to high inflation and unemployment. For a detailed background on the current situation in Venezuela, see Joe Carter’s recent explainer. Continue Reading...

May 18, 2016

As Venezuela Crumbles, Will America’s New ‘Socialists’ Pay Attention?

The Venezuelan economy is buckling under the weight of its severe socialist policies, and even as its president admits to a nationwide economic emergency, the government continues to affirm the drivers behind the collapse, blaming low oil prices and global capitalism instead. Continue Reading...

July 13, 2015

The Pope’s Economic Populism. It’s a Problem.

Acton’s Director of Research, Samuel Gregg, recently wrote a piece for The Stream about Pope Francis and his visit throughout Latin America. This part of the world is dominated by “leftist-populist governments.” Continue Reading...

April 20, 2015

Socialism, Venezuela And The Art Of The Queue

According to Daniel Pardo, citizens of Venezuela have figured out the fine art of queuing (that’s “waiting in line” for Americans.) It’s a good thing, too, since things like milk, sugar, soap, toilet paper and other essentials are always in short supply in this socialist country. Continue Reading...

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