LOOK: The Fruits of Socialism – Venezuelan Food Lines

LOOK: The Fruits of Socialism – Venezuelan Food Lines

Socialism: Equal Sharing Of The Miseries

A user from the popular image sharing site imgur has uploaded a series of photos showing food lines in Venezuela. The lines are undoubtedly the result of new price controls that President Nicolas Maduro has instituted as an effort to tame inflation.

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The “Fair Price Law” is causing devastating shortages due to the fact that by putting caps on prices eliminates the the first law of economics, supply and demand. The law sets a maximum profit margin of 30% and requires firms to obtain “fair price” certificates to access dollars through the government’s currency system.

People reportedly wait in line up to four hours to get food at the grocery store.

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367 comments
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367 Comments

  • Douglas Williams
    March 18, 2014, 5:23 pm

    Obama wants to do the same thing and is starting to put regulation on businesses for his socialist agenda.

    REPLY
  • Douglas Williams
    March 18, 2014, 10:23 pm

    Obama wants to do the same thing and is starting to put regulation on businesses for his socialist agenda.

    REPLY
  • bonnie
    March 18, 2014, 5:45 pm

    its time to grow fruits and vegetables and do and to things like people that had farms way back in the day because this leaders are only thinking about themselves and its every man for himself it looks like.

    REPLY
  • bonnie
    March 18, 2014, 10:45 pm

    its time to grow fruits and vegetables and do and to things like people that had farms way back in the day because this leaders are only thinking about themselves and its every man for himself it looks like.

    REPLY
  • bonnie
    March 18, 2014, 5:46 pm

    if i were them i would invest in seeds and grow them in my back yard or in containers and hope everyone catches on and maybe buy some live chickens too.

    REPLY