Chomsky is a great critic of social issues like imperialism, manufactured consent, and state capitalism. However he has been proved devastatingly wrong about Venezuela and as of today won't admit the problems with state socialism. I hope his new students realize this.
> However he has been proved devastatingly wrong about Venezuela and as of today won't admit the problems with state socialism. I hope his new students realize this. Doesn't the problems with state socialism result from being attack by state capitalism which tend to be much stronger nations? The US and europe attacking venezuela and blaming their failures on state socialism is like blaming democracy for ukraine's los…
Speaking as a Venezuelan, what the bloody hell are you talking about?
"...and blaming their failures on state socialism..."
Venezuela's failures are the failure of state socialism. Price controls, capital controls, expropriations, redistribution policies, central planning, disregard for property rights, and other insane economic policies tanked the country. High oil prices were the only thing hiding the structural damage these policies were creating for years.