Thursday, March 18, 2010

Marginal Revolution: See the Tragedy of the Commons

Marginal Revolution: See the Tragedy of the Commons: "In 2000 Zimbabwe began to forcibly redistribute land from private but predominantly white-owned commercial farms to much poorer black farmers who toiled on communal lands. Stunning pictures from Google Earth collected by Craig Richardson show the result."

Socialism just works so well doesn't it.

Marx said Germany was one of the best places to convert to communism because they would be tired of capitalism, well we had a really great experiment for 50 year East and West Germany competed.
I still remember seeing the bombed out buildings, never repair or razed in East Germany when we visited family there.
Do you really think what is happening now will be any more successful?