The cries to fix what is wrong with Chicago are becoming increasingly desperate, but at this point the city is drowning in debt and is pretty much flat broke.
And of course the spirit of violence and civil unrest that is rising in America is not limited to Donald Trump rallies.
"This past weekend in Chicago saw another five killed and 40 wounded in shootings, slightly down from Mother’s day weekend when eight people were killed and 42 wounded. The two weekends are indicative of what’s taking place in the homicide riddled city, in which the number of people shot so far this year is running an astonishing 50% above this time last year – what’s worse, summer is not even here yet, which is traditionally the city’s most violent period.
In my forthcoming (July 18) book, The Problem with Socialism, I describe how socialism is always and everywhere an economic poison regardless of the form of government. Socialism is socialism. As Frederic Bastiat explained in his classic, The Law, the imposition of one social “plan” or set of “plans” on all of the society – a defining characteristic of all varieties of socialism — will have the same effects whether it is instituted by democracy or by a dictatorship. Obamacare is Obamacare regardless of whether it was imposed by democracy or by a dictator.
All of history has proven that the effects of socialism are always and everywhere mass impoverishment; the destruction of civil liberties; tyrannical government; a population dependent on the state for survival; and the enrichment of the ruling class. Everyone is equally impoverished while the political elite live high on the hog, whether it is the Soviet Union, African socialism, Latin American socialism, or any other kind of socialism.
Venezuela has become reminiscent of the old Soviet Union where there were shortages of everything because of the economic chaos caused by the elimination of markets based on private property and prices determined by supply and demand. A May 21 article in The Telegraph by Szu Ping Chan about how socialism turned Venezuela into “debt and hyperinflation hell” describes how people there now routinely “queue alongside hundreds of other Venezuelans for food, nappies, milk, and other basic goods.” Everything is in short supply – or no supply – thanks to Chavez’s socialist price controls. Black markets are the only thing saving the Venezuelan economy.
A recent “yahoo” news article entitled “Venezuela: Where a Hamburger is official $170” wrote of how stores are shuttered; restaurants are empty; “nobody is buying anything”; there are long lines of people waiting around stores for something – anything – that they can use to barter for things they actually need. This again is exactly reminiscent of daily life in the old Soviet Union.
The Venezuelan government fails to perform what all governments claim to be their primary responsibility: maintaining law and order in society. Caracas is now the world’s most violent city in the world according to the Council for Public Security and Criminal Justice, which computes such rankings.
Like all other socialist demagogues, Venezuela’s wealthy, living-lives-of-luxury, socialist political elite blame all the disasters they have created on various bogeymen, from “the American government’s efforts to destabilize the country” (according to the New York Times), to “a drought that has crippled Venezuela’s ability to generate hydroelectric power.” This last reason is reminiscent of how the Soviets blamed the results of their disastrous policy of socialized agriculture on seventy straight years of “drought.”
Venezuela has joined a very long list of countries whose economies have been utterly destroyed by just a few years of socialism. Meanwhile, in the U.S. hordes of “millennials,” the first PC generation, a generation that has been indoctrinated since kindergarten in the alleged evils of capitalism and taught to worship Big Government as their savior, are wildly cheering a 74-year-old communist who wants to be president on the promise of making America the next Venezuela. (Like the Soviet communists who called their government the Union of Soviet Socialist Republics, not the Union of Soviet Communist Republics, I don’t distinguish between “communists” and “socialists”; they’re all the same gang of looters, frauds, demagogues, and tyrants).