As the chaos in Venezuela unfolds, we must ask, how did this happen?

Socialism!

The country's annual inflation rate is 80 thousand percent. I'm no economist, but I would call that a lot.

US ORDERS SOME DIPLOMATS TO LEAVE VENEZUELA, CITING SECURITY CONCERNS

In such circumstances, people are faced with grim choices: either eat their pets or move to Cuba.

Many modern-day socialists will scream, but no, no, no, Venezuela isn't socialism as it's supposed to be!

Which is what socialist have said about every single socialist country since forever.

Venezuela isn't socialism like Cuba isn't socialism, and Nicaragua isn’t socialism and Zimbabwe isn't socialism and so on to infinity.

That's the key difference between socialism and capitalism.

Capitalism doesn’t need liars –Because it doesn't have to be perfect to work. It’s decentralized, so one glitch only goes so far.

But socialism is centralized — one error and the whole thing goes to hell. Which is why it needs force to survive.

Like Hugo Chavez, the dead strongman was once embraced by the American celebs Sean Penn, Danny Glover and Oliver Stone. They once praised the man from their comforts of capitalism.

And as long as apologists exist — the media shrugs.

For the press, Venezuela is the opposite of Covington.  Covington was exciting, viral video — inflammatory tape they couldn't get enough of… Venezuela was a 12- year death spiral. So easy to ignore.

We didn't:

On February 18, 2014, I said, “Venezuela, the socialist nightmare that Stone and Penn embraced… they've got no food, no supplies, no toilet paper.

And … on February 19, 2015, I said, “ It's a crap show without toilet paper. Seriously. They don't have toilet paper in Venezuela!”

The following year… on February 1, 2016: “Venezuela, a place literally full of crap since socialism made toilet paper scarce.”

(I don’t know about that shirt in that last clip — or my obsession with toilet paper!)

CLICK HERE TO GET THE FOX NEWS APP

So now the press calls Trump’s actions provocative because he recognized Venezuela’s opposition leader.

They can go to hell. Or worse: Venezuela…

Adapted from Greg Gutfeld’s monologue on “The Five” on January 24, 2019.

CLICK HERE TO READ MORE FROM GREG GUTFELD