The Socialist Pope’s Ideal Society
May 21, 2016
The socialist “paradise” of Venezuela, of course, which ranks 186 out of 189 in the World Bank’s index of business friendliness and is labeled as a “debt and hyperinflation hell.” Everyone there is “equally poor” except for the bloodsucking political elite, something that is true of all socialist countries everywhere.
One wonders why the pope, who is always quick to use gutter language to describe peaceful voluntary exchange in a free market, has never uttered a single word of criticism of the socialist political thugs who have ruined the economies of Argentina (his home country), Brazil, Venezuela, and many Latin American countries.
Dr. Thomas DiLorenzo [send him mail] is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton's Curse; Organized Crime: The Unvarnished Truth About Government; The Problem with Socialism; and The Politically-Incorrect Guide to Economics.
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