August 5, 2024

SA Must Look at the Many Horrific Results of Land Expropriation Without Compensation

Retrieved from La Oreja Roja

Lest anyone think hunger caused by expropriation of property was exclusively a 20th century problem, attention should be paid to Venezuela, where agricultural output collapsed in the 21st century in response to expropriation of fertiliser factories, followed by expropriation of agricultural land and other assets. Agricultural output, including cattle and chicken production, fell dramatically in the ensuing years. The resulting hunger, and the loss of weight (an average of 8.6kg per adult, as measured in 2016), came to be known as the “Maduro Diet,” after Venezuelan president Nicolás Maduro. By Tom G. Palmer. Full Text -> CATO Institute

Translation/ Traducción