Sunday, February 16, 2014

Venezuela and Communist Ideals

Venezuela has an enormous amount of wealth in oil reserves, but the people there don't even have enough toilet paper. I sincerely hope that they oust Maduro soon. They're never going to get a perfect president, but surely they can get one that doesn't destroy businesses like nationalizing Chavez (who enriched himself to the tune of a billion USD by the time he died) and Maduro have done.

If there is one thing that last century's history teaches us, communist systems do not work for long. Even voluntary communes (kibbutzim, United Order, Brook Farm, etc.) fall apart or move away from communist ideals over time. People are, on the whole, beings that look out for their own interest. People need to be able to profit from their labor and investment, or they will not labor or invest. People need free markets, or they will create black markets.

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