As bad as things were in Venezuela, they have gotten much worse over the last 24 hours, with a massive power outage in the capital of Caracas that has led to mass looting and chaos in the streets.
It was the fifth straight day of an unprecedented blackout, as power stations failed across the country and socialist President Nicolas Maduro searched for someone else to blame, settling on his favorite nemesis: The United States.
The embattled president claims the power outages are the result of “sabotage” by the U.S. at the Guri hydroelectric dam in the form of cyber attacks, but as Reuters reports, the truth is the country’s power infrastructure is suffering from years of under investment.
“The national electrical system has been subject to multiple cyberattacks,” Maduro wrote on Twitter on Sunday. “However, we are making huge efforts to restore stable and definitive supply in the coming hours.”
Internet service around the country has also been impacted, as has cellphone service — as U.S. sanctions bite deeper into the country’s already depressed economy.
Meanwhile, Maduro continues to face challenges to his rule by the leader of the opposition-led congress, Juan Guaido. But thus far, Maduro has resisted regional and international pressure to resign.
Reuters noted further:
Despite pressure from frequent opposition marches and U.S. sanctions on the country’s vital oil sector, Maduro is not open to negotiations on ending the political impasse and seems intent on trying to stay put, said Elliott Abrams, the Trump administration’s envoy for Venezuela.
The blackout, which began Thursday afternoon, increased frustration among Venezuelans already suffering widespread food and medicine shortages, as the once-prosperous OPEC nation’s economy suffers a hyper inflationary collapse. Food rotted in refrigerators, people walked for miles to work with the Caracas subway down, and relatives abroad anxiously waited for updates from family members with telephone and internet signals intermittent.
The outage is by far the longest in decades. In 2013, Caracas and 17 of the country’s 23 states were hit by a six-hour blackout, while in 2018 eight states suffered a 10-hour power outage, government officials said at the time.
“What can you do without electricity?” said Leonel Gutierrez, a 47-year-old systems technician, as he carried his six-month-old daughter while he walked to find groceries. “The food we have has gone bad.”
The UK’s Daily Mail reported that supermarkets have become targets for looters, with many being ransacked overnight as the power outage continued.
Its most disturbing to see a once thriving economically stable country such as Venezuela collapse under the oppressive wight of socialism. The proof is in the pudding here or sadly the lack thereof when it comes to examining the decline of this once vibrant country.
In a guest appearance with Gutfeld of Fox News | ‘The Five’, Economist Thomas Sowell discussed the destructive effects of socialism and the excessive damage it causes to countries who are seduced by its economic leveling that never seems to benefit its people economically.
In lamenting the deceptive romance of socialism, legendary economist Thomas Sowell said:
“Socialism is a wonderful-sounding idea. It’s only as a reality that it’s disastrous. So many people today, including in the leading universities, don’t pay much attention to evidence. When you see people starving in Venezuela and fleeing into neighboring countries and realize that this is a country that once had the world’s largest oil reserves, you realize that they’ve ruined a very good prospect with ideas that sounded good but didn’t turn out well.”
Often disguised as a quest to promote social responsibility for the common good: socialism often emphasizes the social use of property which in turn creates the gradual forbearance on personal rights.
Eventually, as a response to perhaps real, designed or imagined capitalistic abuse socialism when its fully dominate seems to secure control of its Stock market transactions, successfully destroy the free-market, labor unions are encouraged to organize to protect the masses, labor relations boards are set up, and credit gradually becomes supervised by the state.
Often in attempts to control a wary populous who eventually become suspiciously distressed by their steady economic decline the freedom of the press becomes extremely restricted and controlled by the socialist state. The Narrative to control the Socialist State is diligently pursued at all costs. Perhaps this is what is occurring within Venezuela now as it experiences a devastating internet blackout.
As the a socialist country enters into severe poverty it seems the ruling class leaders benefit the most from the bulk of their countries resources and its interests as many of its citizens starve and begin to sadly experience the dark side of socialism. The socialistic romance is over in Venezuela as many of its people fight for survival within its borders. The blissful honeymoon phase has long since passed in this once economically prosperous nation now experiencing the utter horror a being seduced into a toxic system of oppression.
Hopefully, the people of Venezuela can overcome their dark night stronger and more resilient than ever before. It is possible that Venezuela can and will establish a vibrant productive prosperous country again. Until then we the people shall take this catastrophic economic event on the world stage as a lesson on socialism well learned.