Market economies, with their associated price system, work, non-market economies without a functioning price system do not. It's good to see that Owen Jones' thinking is advancing but won't he be surprised to find out that he's just repeated the main lesson of Hayek's Nobel Lecture?
from Forbes Real Time http://www.forbes.com/sites/timworstall/2017/08/05/ex-mayor-of-london-divines-venezuelas-problem-they-didnt-kill-all-the-oligarchs/
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