Time for Thorns

An independent view on life.

Bernie’s plan in action…

with 2 comments

The socialist government of Venezuela  has followed  all the policy prescriptions Bernie Sanders touts,  and the government has forcefully carried out its central planning duties.   Between that and some natural disasters,  a country which used to have a thriving middle class,  a nation which should be rich in fact,  now lacks reliable electricity, potable water, and often toilet paper as well.

This is just one more modern example of how socialism actually works.,  or rather,  how it fails.    It sounds so attractive,  making other people pay for what you yourself want,  but as Dame Margaret Thatcher so memorably said, “The problem with socialism is that you eventually run out of other people’s money.”   The only people who thrive under socialism are those in charge.   Hugo Chavez lived very well indeed while he was president of Venezuela,  as does his successor,  Nicolas Maduro. Ordinary citizens are at the mercy of criminal gangs as well as their incompetent government,  which is in danger of being unable to print sufficient currency.

Capitalism is a stern taskmaster,  and can be a cruel mistress,  but it remains the most efficient means of allocating labor and capital.   Those who provide people with the goods and services they desire deserve to be rewarded.   Governments which interfere with those transactions should be sent packing.    Venezuelans have finally realized this and voted accordingly,  but Maduro will undoubtedly have to be ousted with force.  Pity Venezuela,  but learn from it

 

 

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Written by timeforthorns

April 28, 2016 at 10:05 am

2 Responses

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  1. One mistake I think Bernie Sanders and others of his ilk make is that they have no concept of dynamics. They see a bunch of people with something they’re probably describe as an “ungodly amount of wealth”, see the path to getting their hands on it and using that money in some form of redistribution, be it free healthcare, free higher education, etc. Their ideas for going up to Wall Street and cracking some skulls ignore dynamics.

    What I mean by that is that if they ever do get into power, what makes them think that the power who are their targets won’t perceive the threats and run to the hills? Why on earth would they ever stick around? You already see the evidence of this when they find tax havens in places like the Cayman Islands. Big Money goes to place where it’s most welcome (or least threatened). It always has and always will. Do you think they’ll hang around and take it? Would Bernie’s presidency make them see the light and make them “pay their fair share”? No way. They’d be long gone. Then who’d pay for all their freebies?

    I think the only people who really learn any lessons from Socialism are the people who had to live through it. I lived in Germany a few years ago and it was amazing to hear people who lived in East Germany had to say about the place. They had no hopes, no dreams. They basically went to work and got drunk afterwards. That’s fine for some but limiting the potential for your society due to some misguided witch hunt on Capitalism is no way to do it.

    Laissez Fleurir

    April 29, 2016 at 3:49 pm

  2. Capitalism works for nearly anyone willing to strive and accept some risk. All the other systems benefit only those at the top — the masses are made equal in their misery and hopelessness. You are absolutely correct in saying that people who have lived under other isms know how destructive they are. For those who think capitalism is too harsh, let them look at what Cobani’s CEO and founder has just done:

    http://www.npr.org/sections/thesalt/2016/04/28/476021520/why-chobani-gave-employees-a-financial-stake-in-companys-future

    timeforthorns

    April 29, 2016 at 4:40 pm


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