Bolivia, another South American country ensnared by the empty
promises of socialism like Venezuela, is now more than ready to
chuck it out and go with a political and economic system based
on the marketplace rather than the dictates of dictators or dictatorial
bureaucrats. Evo Morales, Bolivia's socialist president from
2006 to 2019, proclaimed "Capitalism is the worst enemy of
humanity!" while socialism took Bolivia down from being one
of South America's richest to one of its poorest countries with
price controls making constant shortages of goods and services
and 25% inflation, causing mass hunger and unemployment
along the way. The citizenry decided that Morales was wrong and
that capitalism just might not be as bad as it was billed by
Morales, and now they have picked the top two finishing
candidates in their presidential election's first round ---
Rodrigo Paz Pereiera and Jorge Quiroga, both market reformers
who couldn't have come along at a better time. The socialist party
candidate? He gained all of 3% of the vote. Paz and Quiroga will
be on the ballot in the runoff come October, and regardless of who
wins Bolivia will be taking an important step toward free markets
and shedding government domination, leaving empty store shelves
and food scarcities behind.
Senator Bernie Sanders and Rep. AOC, are you paying attention?
MEM
No comments:
Post a Comment