Venezuelans about to starve to death
And I’m only half joking:
President Hugo Chavez’s government has nationalized two coffee processors and is planning to purchase a majority stake in a third as it moves to assert greater control over Venezuela’s strictly regulated food sector…
It never ceases to amaze me that so many people refuse to learn from the past. We know that nationalization doesn’t work. It only hurts the people it is often meant to help. Production has already fallen in Venezuela and Chavez has already been forced to “boost food imports” due to “rising local demand.”
Want to help the poor? Elect capitalists, throw socialists out of office. It’s ironic but true.
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