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Politics : Foreign Affairs Discussion Group

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To: Nikole Wollerstein who wrote (217850)	2/12/2007 3:18:42 AM
From: Dayuhan	Read Replies (1) of 281500

President Hugo Chavez's government has drafted a decree allowing officials to take control of food distribution chains, including supermarkets and storage depots, if services are interrupted, officials said Sunday. And Hugo said "let there be cheap food"... and there was empty space. It amuses me to see this appearing just after another post suggested that Iran could cap prices by decree. What happens when you do that? Empty shelves and black markets. Like, duh... A close friend of mine who works for ADB was once sent to Cambodia to assess whether anything useful could be done with various Communist-era public works projects. One project he looked at was a massive irrigation effort, constructed entirely with the manual labor of tens of thousands of people. Unfortunately, the design of the project was premised on the notion that water could be made to flow uphill. That's called socialist engineering. Socialist economic management works about as well, with Venezuela and Iran serving as prime examples.

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