During his 14 years as president, Mr. Chávez nationalized swaths of farmland to form collectives, took control of agriculture supplies, and set limits on food prices as part of his socialist project to ensure affordable food for all.Now, to socialists' amazement, the country imports 70% of its food supply and is increasingly exposed to nutritional disaster. The government naturally blames "widespread supermarket shortages on hoarding by businesses who want to create instability and bring down the government."
(1) Concern for the poor.
(2) Price controls.
(3) Supply crash.
(4) Allegations of hoarding.
(5) Doubling down centralized economic control.
(6) Famine.
Where have we seen this before?


