Sunday, May 14, 2017

Political Necrophilia

Fareed Zakaria had a couple of Venezuela experts looking at the catastrophe that is modern Venezuela. One diagnosis particularly caught my eye: "political necrophilia," referring to attachment to long discredited political and economic ideas, in this case Marxism. Not that that is Venezuela's only problem. Rampant corruption and related disregard for law not only siphons off money but makes productive enterprise all but impossible.

Unfortunately, it's hard to see any easy fix. Getting rid of Maduro will neither be easy nor sufficient. He and the Chavistas have made Venezuela a one industry town, and that not currently a healthy one.