Daniel McAdams discusses Venezuela’s recent political upheaval, which he fears may prompt direct U.S. intervention. Lots of Americans, particularly on the political right, are decrying Venezuela’s socialism and claiming that it’s America’s duty as a champion of capitalism to intervene. But the reality is that Venezuela has had some form of socialism for a lot longer than it’s had Maduro, and it would probably still be socialist if he were removed, only things would be even worse. Not to mention how socialized the supposedly free market United States is. Scott and McAdams also fear the moral hazard created by America threatening to intervene, since opposition groups may now have incentive toward more chaos and violence.

Discussed on the show:

Daniel McAdams is the executive director of the Ron Paul Institute for Peace and Prosperity and the co-host of the Ron Paul Liberty Report. Follow him on Twitter @DanielLMcAdams and read all of his work over at Antiwar.com.

This episode of the Scott Horton Show is sponsored by: Kesslyn Runs, by Charles Featherstone; NoDev NoOps NoIT, by Hussein Badakhchani; The War State, by Mike Swanson; WallStreetWindow.comRoberts and Roberts Brokerage Inc.; Tom Woods’ Liberty ClassroomExpandDesigns.com/Scott; and LibertyStickers.com.

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