Tuesday, October 6, 2015

Mises Was Right!

About socialism, says Andrea Rondón García, director of CEDICE’s Property Rights Committee, and academic director of the Ludwig Von Mises Institute in Venezuela. She also teaches at the Andrés Bello Catholic University.

In a recent column, Garcia explains Venezuela's socialist disaster  She cites Ludwig von Mises as she notes how socialism breeds economic regression, poverty, and political and civil repression as well:
Since 2003, the Venezuelan government has pushed central-economic planning as its fundamental policy: Chavistas have imposed price and exchange controls, ignored property rights, expropriated businesses, and destroyed the private sector’s productive capacity.

When economic liberties are compromised, political and civil liberties go with them. The blatant threat against César Miguel Rondón demonstrates how low the government has sunk in its attack on freedom of speech.

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