When you see people starving in Venezuela and fleeing to 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 really good prospect with ideas that sounded good but didn’t turn out well.
— Thomas Sowell, Resurgent Thomas Sowell Weighs In on Socialism, Venezuela (2019)
Verified — Secondary Source
Source
Resurgent Thomas Sowell Weighs In on Socialism, Venezuela
Article · 2019 · Read the original →
Say it without saying it
“Record of Failure” – Thomas Sowell Quote Premium Hoodie
$47.95USD
View →Related Quotes
“Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it. Even countries that were once more prosperous than their neighbors have...”
The Thomas Sowell Reader (2011)
Read →“The welfare state is the greatest confidence racket of all time. The government takes your money in taxes and then turns around and spends some of it to give you things. For this,...”
Controversial Essays (2002)
Read →“You can only confiscate the wealth that exists at a given moment. You cannot confiscate future wealth — and that future wealth is less likely to be produced when people see that it...”
The Fallacy of Redistribution (2012)
Read →Join thousands of Sowell fans. New quotes, new gear, and the stuff I don’t post on Facebook.
Wear the words.
Browse the collection →