Tag Archives: Venezuela

Socialism sucks (the life out of an economy): A 90-Year-Old Goes Shopping in Venezuela

¡Viva Socialismo!

Socialism is death. It is sold as life of course. It is sold as a way to get even with those nasty capitalists with their “greed driven” profit motives. A way to bring heaven to earth. Better to let the cronies in government manage things than the people in a free economy. The cronies only have your best interests in mind.

Socialists prey on the ignorant and hopeless.

Socialism is a kind of religion. It has many offshoots and schisms, but fundamentally it is about all too fallible cronies telling other people what to do, and these same cronies thinking that they are smarter than the market. This is the faith.This is the religion. It is about power OVER people. But again, it is sold as liberation.

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Hugo Chávez daughter is the richest individual in Venezuela, report claims (Yay Socialismo!)

This always seems to happen. The socialists at the top of the socialist hierarchy end up with all the loot. Time and time and time again.

What of the proletariat? What of the people?

Suckers.

Invariably socialist countries are also deeply crony. From the Soviet Union, to Hitler’s Germany, to modern China, to even in the “good” socialist countries like Denmark, cronyism is a key part of the system.

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Now it’s serious! Venezuela almost out of beer

When socialist countries implode things start disappearing. First it’s meat, then bread, then soap, then toilet paper, and then that absolute necessity of a socialist paradise, booze. Then it’s only a matter of time before people start filling the streets and toppling statues of Lenin, or in this case Hugo Chavez.

Why? Because without alcohol socialism of the kind we see in Venezuela is simply intolerable. Ask anyone who lived in the Soviet Union.

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Venezuela reaches the final stage of socialism: no toilet paper

Whether a state has a more corporatist flavor or a more “socialist” flavor (crony systems typically have both) it is the denial of prices, the denial of reality, which leads ultimately to disaster. If the pricing mechanism isn’t allowed to work distortions in the economy arise. Distortions make the system wobbly, and sooner or later the system is off the rails.

And out of toilet paper.

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Socialists (uni-corporatists) run Venezuela into the ground

Socialism is inherently a crony capitalist system. Basically a true socialist state is a uni-corporate entity. It is a monopoly (more or less) of goods and services (and most importantly force) where the cronies control the means of production. The Soviet Union for instance was basically one giant, very poorly run corporation which killed (often literally) any competitors which challenged it.

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