Thursday, July 26, 2007

Ain't Planned Economies Wunnerful...

Thousands arrested in Zimbabwe for not cutting prices (CNN).
Nearly 5,000 store owners, managers and business executives have been arrested since the government began its campaign to slash prices last month, state media reported Thursday...

President Robert Mugabe told parliament Tuesday that his government was committed to its program to restore "price stability" and protect ordinary consumers from "inexplicable and astronomical" price increases by profiteers.
The price increases and product shortages are inexplicable and astronomical only to believers in the magical workings of planned economies (read: state socialism). Other folks find these product shortages and price increases easily understandable and absolutely predictable.

Statist Socialists: *heads up* because this is exactly what you're bargaining for--and in exact proportion to the the degree you're consistent with your policies and ideology.

Look for Chavez's Venezuela to follow the same road, but it might take a bit longer to cause Mugabe-level squalor since Venezuela has some expropriated oil money to squander first.

Yo'know, I try to be nice, and I'm sure Mugabe and Chavez mostly love their families and generally treat their pets OK and such, but migawd the two of 'em are arrogant, ignorant fuckheads. No surprise that they like each other.

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