Economic Policy

Bolivia’s $15 Billion Corruption Scandal Exposes Deep Failures of Socialist Rule

By Economics Desk | November 17, 2025

Bolivia’s new president reveals staggering $15 billion corruption under two decades of socialist governments, highlighting systemic theft that crippled national sovereignty and economic stability.

In a damning revelation that echoes the consequences of unchecked socialist governance, Bolivian President Rodrigo Paz has unveiled corruption exceeding $15 billion during 20 years under the Movement for Socialism (MAS) party. This vast theft has not only devastated Bolivia’s economy but also undermined its national sovereignty—offering a cautionary tale for America about the dangers of allowing centralized power without accountability. How Could Two Decades of Mismanagement Steal a Nation’s Future? President Paz described his administration’s investigation as an "autopsy" aimed at uncovering the full scope of corruption left by former leaders Evo Morales and Luis Arce. The figures he...

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