Friday, November 23, 2012

Free Stuff in Venezuela

Via Caracas Chronicles: Venezuela's Planning Minister says Venezuelans need to stop thinking they'll just get lots of things for free just because of oil revenue: "la gente tiene que pagar."

I immediately thought of my recent post about how, after years of making expropriation a core part of his government, Hugo Chavez mocked those who said he might expropriate. Now an official in his government is saying that the bedrock of Chavez's rule--subsidied goods paid for by oil revenue--is a negative thing.

There's something happening here. What it is ain't exactly clear.



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