From CATO: ‘Venezuela Is Spiraling Out Of Control’

Full post here.

This is just sad.

The post-Chavez Maduro government is trying to control whatever in order to keep power and presumably still claim the high moral ground of its unrealizable socialist-populist ideals, having taken over a series of electronics stores:

‘As the economic situation rapidly worsens in Venezuela, the government is growing increasingly authoritarian and is now actively undermining the foundations of the country’s already deteriorated social fabric’

A timeline and a discussion of how soaring inflation is being caused by political factors.

Take it from a bright Venezuelan:

‘Chavez is actually not an orthodox Marxist in the sense that Marx would have recognized (which was why I linked to the sort of Marxist ‘prophecy’ of people like Chavez from the ‘Eighteenth Brumaire’). Chavez is more along the lines of what traditional Marxists referred to as ‘Bonapartist’ (borrowing from the figure of Napoleon Bonaparte). The whole theory on which Chavez based his political life was that the working class (or what passed for it, in a country like Venezuela) *could not* make a revolution on its own, and that someone else (the military and the Socialist Party, led by him) needed to make the revolution for them. ‘

Christopher Hitchens at Slate-Hugo Boss:

‘The boss loves to talk and has clocked up speeches of Castro-like length. Bolívar is the theme of which he never tires. His early uniformed movement of mutineers—which failed to bring off a military coup in 1992—was named for Bolívar.’

Maybe people shouldn’t be getting their political advice from Sean Penn:

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Peter Singer discusses Hegel and MarxOn Mario Vargas Llosa-Adam Kirsch At The City Journal: ‘The Dream Of The Peruvian’

Ron Bailey At Reason: ‘Obama’s Corn Ethanol Environmental Disaster’

Full piece here.

Linking to this piece from the AP.

Bailey visited an ethanol plant in South Dakota previously.

Picking winners and losers adds to the large subsidy programs we have, by redirecting tax dollars to favored industries chosen by politicians in power.   We don’t necessarily ‘help the environment’ or do so at great cost, and in this case help create downstream negative consequences for the world’s poor by driving up food prices.

Related On This SiteWalter Russell Mead At The American Interest: ‘The Failure of Al Gore Part Three: Singing the Climate Blues’

On this site, follow the money: Amy Payne At The Foundry: ‘Morning Bell: Obama Administration Buries Good News on Keystone Pipeline’

Ronald Bailey At Reason: ‘Delusional in Durban’A Few Links On Environmentalism And LibertyFrom The WSJ-A Heated Exchange: Al Gore Confronts His Critics…From The Literary Review–Weather Channel Green Ideology: Founder John Coleman Upset….The Weather Channel’s Green Blog: A Little Too GreenFrom The Washington Post: The Weather Channel’s Forecast Earth Team Fired