Saturday, June 09, 2012

Food for thought

This is how the so-called socialists around the world act. In France, journalist Gwyn Dyer predicts a big victory for 'socialist' candidate,
Francois Hollande. Dyer writes, "What Hollande has actually promised is slightly less austerity than Sarkozy." (EMC , April 26, 2012). In Venezuela, that renowned 'socialist' Hugo Chavez has tried to manipulate the capitalist system to bring cheap food to the poor (yes, they are still there). According to The New York Times (April 29 2012) he has mandated the prices that the manufacturers can charge to keep prices low. The result, as expected, is that the manufacturers simply stopped production and there are shortages of even the basic food supplies in a very rich country. Lesson? What passes for socialism in the in the tiny minds of would-be leaders and the press has nothing to do with real socialism. You cannot divorce manufacturers from profit. If there is no profit, there is no production. Both are very elementary lessons for socialists. John Ayers

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