What??? Socialism is turning another country into a starving hellhole???
Color me shocked.
Venezuela’s in such a drastic shape that only drastic, pro-freedom solutions will work, however harsh they may be.
Step 1: Eliminate all restrictions on firearms and other weapons. People will need them to protect themselves against the people who will inevitably riot as a result of the next steps, which all should be done as concurrently as possible.
Step 2: Eliminate all social spending and subsidies. If you’re not getting much money into the country, you cannot afford all the spending.
Step 3: Privatize damn near everything. This would include things we in the US would normally regard as public goods, such as roads, schools, and water systems.
Step 4: Eliminate all wage and price controls. Prices would “necessarily skyrocket”, due to the shortages of damned near everything, but you want to incentivize people to produce or import all kinds of goods. Futhermore, without the social spending, all those out-of-work Venezuelans will need jobs, even if the wages absolutely suck at first.
Step 5: Allow virtually unlimited foreign investment and free trade. Some know-how and goods will necessarily come from outside the country.
Step 6: Eliminate all taxes on income and property at the federal level. Fund what little remains of the federal government with a modest sales and service tax, of no more than 10 percent, but preferably much lower.
Step 7: Adopt constitutional amendments similar to our bill of rights.
I’m sure 100 years from now, some hard-leftist Richard Head will be saying “ It works, we just didn’t do it right”
There was a thread about gangsters killing cops to get their guns. It won’t be long before the “good” guys start having to resort to such.