Look Who it Was Random video

Episode 6: How Socialism Devastated Venezuela with Jorge Jraissati

3,502 views · Published 25 May 2018 · 34:06 · Indexed 26 October 2026

Channel: Foundation for Economic Education · 2018 · Education

Watch on YouTube

Support Out of Frame on Patreon: https://www.patreon.com/OutofFrameShow

Watch our newest video, "The 1970s are back. Yaaaayyyy.": https://youtu.be/pYnpnB0dj5s

Check out our podcast, Out of Frame: Behind the Scenes: https://www.youtube.com/channel/UCiS5rEmhnLwo1IG9bgr19Og

FEEcast welcomes freedom activist Jorge A. Jraissati, a recent émigré to America from Venezuela, which is suffering a horrific economic and humanitarian crisis. In a recent video, HBO’s John Oliver, sitting in a market economy’s lap of luxury, insisted that socialism is not to blame for Venezuela’s plight. But Jraissati, who actually lived through Venezuela’s nightmare, begs to differ. He explains how socialist ideology and big government policies plunged his once-prosperous country into the depths of hunger and chaos.

Show Notes:


Video: One Venezuelan Student’s Heartbreaking Experience with Socialism
https://youtu.be/vMesFRmAy5Q

Article: “The Ongoing Implosion of Venezuelan Statism” by Daniel J. Mitchell
https://fee.org/articles/the-ongoing-implosion-of-venezuelan-statism/

Article: “Socialist Policy Tanked Venezuela's Economy, Not Falling Oil Prices” by Julian Adorney
https://fee.org/articles/socialist-policy-tanked-venezuelas-economy-not-falling-oil-prices/

Article: “Venezuela’s President Tackles Economic Crisis by Deleting 3 Zeros From its Currency” by Luis Pablo de la Horra
https://fee.org/articles/venezuela-s-president-tackles-economic-crisis-by-deleting-3-zeros-from-its-currency/

Article: “Middle-of-the-Road Policy Leads to Socialism” by Ludwig von Mises
https://fee.org/articles/middle-of-the-road-policy-leads-to-socialism/

Video: Venezuela: Last Week Tonight with John Oliver (HBO)
https://youtu.be/IYfgvS0FA7U

More from this channel