Saturday, February 17, 2007

The classic cycle of socialism

Chávez Threatens to Jail Price Control Violators (assinantes UOL: Chávez ameaça prender quem violar controle de preços).

How many times has the world seen this?

How can there be people who still believe this kind of stuff will somehow work?

The only question here is whether Venezuela will follow the hard line path (of the USSR, Cuba and tutti quanti) and start using violence to “make the system work”, or if it will take the more soft approach and slowly crumble like Brazil and so many others.

I’d bet on the former.