How greedy are capitalists? They’re so greedy that they would dare to make a profit on something as essential as toilet paper. Or … perhaps not. Perhaps socialists are so economically challenged that they would try price controls on something as essential to odorless living as toilet paper.
I’ve been meaning to write on this subject for quite some time, but I’ve held off because I feel bad doing so. The free market allows me to buy Quilted Northern as well as Charmin. My bottom is so pampered living in the United States that I don’t want to kick a socialist while he’s down. But … what the heck. At some point we all must answer for our own stupidity; life is full of learning moments if we’re willing to listen.
The Associated Press reports:
CARACAS, Venezuela — Police in Venezuela say they have seized nearly 2,500 rolls of toilet paper in an overnight raid of a clandestine warehouse storing scarce goods.
The Thursday announcement on Twitter said that the officers raiding the garage in western Caracas also seized about 400 diapers and 7,000 liters of fruit juice.
Police chief Luis Karabin told Venezuelan news agency AVN that police, acting on a telephone tip, found “merchandise that we know is scarce on the shelves and doesn’t reach the people.”
Toilet paper is hard to find in Venezuelan grocery stores, as are staple food items such as sugar, milk and cooking oil.
What would it be like to live in a society where tipsters are ratting out their friends and family over rolls of toilet paper? I don’t particularly know, although if you pay attention to the news in the U.S. you’ll find that many, many Americans buy into the notion that price controls work.
I’ll leave it to Lee Doran of “How the World Works” to explain in greater detail:
Over and over and over again, politicians and well-intentioned folks act on behalf of “the poor,” in ways that predictably hurt “the poor.” And when that happens, people are ignorant enough when it comes to basic economics to continue to blame businessmen whose crime is apparently trying to produce a product and get it to the market.
Don’t like what you’re seeing in Venezuela? Think it’s funny? It’s actually not that funny because basic economics is not taught in high school. Most people avoid it like I’d avoid eating burritos in Venezuela right now.
America is on a strange trajectory. A frightening size of its population sees nothing wrong with $17 trillion dollar debt toilet drains, trillion dollar deficits and public policy primordial soup messes that come out of Congress crafted with sound economics as an afterthought.
To my fellow Americans, I say: Do not laugh too hard at our friends from Venezuela. There are plenty of stealth socialists right here at home, and listening to them already has us on the path to Skidmark Row. Let’s wake up before it’s too late.