By Simon Black
Ah Moldova… the poorest country in Europe, which just so happens
to have had a Communist party majority in its parliament since 1998.
These two points are not
unrelated.
Despite having achieved
its independence from the Soviet Union over 20 years ago, the state is
still a major part of the Moldovan economy…from setting prices and wages to
media, healthcare, agricultural production, air transport, and electricity.
Under such management,
it’s no wonder, for example, that Moldova has to import 75% of its
electricity. It is the exact opposite of self-sustaining.
The government does a
reasonable job of chasing away foreigners as well.
Agriculture is the
mainstay of Moldova’s economy… and while on one hand they say “we welcome
foreign investment in agriculture,” on the other they say “foreign
investors cannot own agricultural property.” It’s genius.
The average wage here is
less than $300 per month… all while Moldovans’ purchasing power is getting
eaten away by inflation. GDP per capita, meanwhile, is in the ballpark of
many destitute African nations like Swaziland.
Of course, not everyone is poor. The politicians at the top of the
totem pole are doing great, always pulling the strings in their favor at
the expense of everyone else.
Since the last election
in 2010, the Communists still hold the most seats in Parliament. The three
other main parties banded together to form a majority coalition to take
control of government.
Very little has changed.
The Communists are still a powerful force in Moldovan politics, and the
other parties aren’t exactly champions of economic freedom.
They bicker away about
the budget, about who to tax and how much to tax, about what laws to pass
and what regulation to implement. As usual, it’s the exact opposite of
what they should be doing.
Economic freedom… all freedom, really, is not built by passing
laws and rules and regulations.
Rather, it’s like what
Michelangelo said about sculpting: to achieve growth and freedom, one need
only remove the unnecessary stone, underneath which lies the masterpiece.
The likelihood of these
guys figuring it out, unfortunately, is zero. And that doesn’t just go for
Moldova, but all western governments.
Europe is now taking a
dangerous slide back into Communism… or at least steep radicalism.
Neo-Nazi parties and openly Marxist politicians are dominating the scene.
This is nothing new. As
usual, history is full of lessons from when people have turned to radical
figures in tough times.
The French, for example,
were driven to behead their King in the late 18th century due to dismal
economic conditions.
They traded an absolute
monarch (Louis XVI) who wrecked the economy for a bloodthirsty dictator
(Robespierre) who continued wrecking the economy, and eventually traded
him for yet another dictator (Napoleon) who continued wrecking the
economy.
This is the vicious
cycle that forms when an entire nation reaches the point of desperation,
and we are seeing signs of this forming all over the west. The only
question is… who will become the next Moldova?
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