A Tale of Two Shortages -- How Socialism Ultimately Fails

Discussion in 'Politics' started by Kylesa, Sep 16, 2009.

  1. Doug French offers a greivous blow to the head of the ideology of Socialism, and demonstrates how regulations and price controls have killed an entire industry, and has driven it's people to smuggling, of all commodities, coffee across Venezuelan borders. Little does Venezuelas fearless Socialist leader realize, that he is directly responsible for the lack of production of coffee in, what used to be, the biggest coffee exporter in the world. Now it must smuggle coffee from other countries.

    Yay Socialism! :hello:

    A Tale of Two Shortages - Doug French - Mises Institute

     
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