Venezuela’s continuing experiment with Marxist socialism continues to be an abject failure — as much as every other country’s experimentation with Marxist socialism — as evidenced by the country’s shrinking productivity, tanking economy and shortages of basic goods.
So bad have things gotten in the South American nation that its leader, President Nicolas Maduro, has announced that every citizen will soon be required to carry a “biometric card” that limits food purchases through the use of electronic scanners and government databases.
As reported by Britain’s The Guardian newspaper:
The move, announced on Wednesday, is part of the government’s latest effort to fight the oil-rich nation’s chronic food shortages, which it claims result from hoarding by speculators, who resell goods at a profit, and from smuggling into neighbouring countries.
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