Bolivia About To Get Poorer
Crony socialism at work:
Bolivia's left-wing President, Evo Morales, has taken the first step towards giving a fifth of the country's land to poor farmers, handing over about 30,000sqkm of territory amid threats by angry large landowners to form private defence groups.
Mr Morales chose the eastern city of Santa Cruz, the landowners' powerbase in Bolivia's agricultural heartland, to award 60 titles to 3.1 million hectares of former state land to some of the poor peasants who support him.
So 60 people get 30,000 square kilometers of land, or about 500 square kilometers apiece? Can we say the obvious here, that this is crony socialism that will work about as well as it has in Zimbabwe? Look forward to stories about people starving because there is no food growing in Bolivia.