Bernie Sanders Economics: The Reason Venezuela Is Starving

Communism,Economy,Individual Rights,Individualism Vs. Collectivism,Intellectualism,Private Property,Socialism

            

If you plant a Bernie Sanders sign in your yard—a man who has promises variations on price controls and nationalization of industries—you should suffer the worst of fates. The problem: Everybody will be affected by your emotions-driven economic and ethical ignorance—ignorance of the natural laws of economics and oblivion to the rights of free individuals to freely exchange titles to private property. In Bernie style, shortages will be blamed on “evil producers.” Further incursions will follow as “evil producers” are roped into bondage by the state. As such interventions beget more of the same, we will end up with the “Venezuela Playbook: The Communist Manifesto.”

… This choice between “fair” prices and arrest is now the norm for business owners in Venezuela. The most outrageous instance of this took place in early November, when government security forces occupied local electronics stores and began handing out TVs and other wares at “fair” (read: rock-bottom) prices. Hebert Garcia, head of the High Commission for the People’s Defense of the Economy, put it bluntly: “We have to guarantee that everybody has a plasma television and the latest-generation fridge.”
Not surprisingly, the masses lined up around the block for their piece of the government’s action. Too bad the government has failed to provide enough electricity to power the plunder. In most countries, this would be called government theft. But, under Maduro’s reign of Marxism, this redistribution has become business as usual. …

Discussion on Facebook.

Michael Walls: The fact that communism appeals so heavily to “intellectuals” is disturbing. Socialism is just “communism lite”, and the communism that socialism derived from is so absurd in it’s details it’s hard not to laugh out loud reading it. Maybe we need to re-examine the term “intellectual”.

Ilana Mercer No, Michael Walls, the fact that some communists are deemed or called “heavily intellectual” is what’s disturbing—disturbing for what it says on how we judge intellect. Your conclusion is 100%.

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