As Maduro was already in Venezuela, it was crucial to know who to sing there. A self-employed man, thus a voluntary marketplace in the capital in accordance with ASE, is simply a vocalist of the fresh Nobel Prize María Corína Machado.
I'm not motivated by its influences on the local, cultural or secular backgrounds, in the comparative nature of the surrounding guest freedom, these fundamentals are losing their meaning and will focus on the indigenous spheres. What is crucial is that it is: ownership – marketplace – state – value.
Machado is not an Austrian school theorist. It is simply a policy operating on the ruins of a state destroyed by socialism, hyperinflation and central planning. Its strength is not doctrine, but the instinct of civilization: to admit that without private property and the marketplace nothing can be rebuilt — neither prosperity, nor social order, nor even simple stability.
It is simply a pity that our Nobel laureate, Bolek, who became a symbol of the overthrow of the commune, did not have specified views, due to the fact that he had no at all, it was a boy-throat, a country fool controlled by a beehive. Wałęsa did not know and did not realize what the free marketplace was. Stupid was born, stupid would die. Venezuela is in a state of decline today, as we are for the PRL, but has much greater luck with the opposition.
Machado's general economical position can be summarised briefly: Socialism in Venezuela was not a performance mistake but an ontological error. The state has not been mismanaged, it has been placed in a function it should not perform.
Here are her more detailed requests:
- 1⃣ Wide-ranging reprivatization. Machado explicitly advocates dismantling the state sector as the owner of the means of production. This besides applies to enterprises that are considered strategical so far, including the energy sector.
- 2⃣ Breaking up with the remainder of you. The Venezuelan model based on the redistribution of natural material pensions is considered structurally pathological. The state is to halt being an income lender and become the minimum guardian of the game rules. The marketplace is to make value — the state is to halt consuming it.
- 3⃣ A extremist deregulation of the economy. Machado treats regulations not as protecting the citizen but as a substitute for central planning by another means. They are called for by mass abolition, especially in areas of entrepreneurship, trade, investment and the labour market. This approach is consistent with the Austrian school's basic intuition: regulation does not correct the marketplace but replaces it.
- 4⃣ beginning up to private capital and investment. The reconstruction of Venezuela is to be done through private capital — home and abroad — alternatively than through state improvement programmes. There is no mention of economical sovereignty understood as autary. Sovereignty means the ability to attract capital, not to scare it.
- 5⃣ Money based on trust, not on the decree. Although Machado does not lead an academic crusade against central banking, in practice he acknowledges the bankruptcy of state money. It accepts actual dollarization and assumes that money must be unchangeable before it becomes national. This is simply a pragmatic approach but coincident with the Austrian diagnosis: inflation is the consequence of the state's monopoly on money.
- 6⃣ The marketplace as a process, not a policy tool. In its narrative, the marketplace is not designed to accomplish social objectives, but to discover information, coordinate actions and reconstruct average economical relations. There is no language of social justice, no equalization of chances, no control of growth. There is simply a simple mechanism: let people act and the structure will emerge.
María Corina Machado meets the civilization criterion of free marketplace capitalism. Not due to the fact that he quotes Mises or Rothbard, but due to the fact that he understands what needs to be removed so that the marketplace can even start working. In the realities of Venezuela, this position is highly extremist — and that is precisely why it is rational. I support her due to the fact that she does not promise a better country — she promises less states.
Grzegorz GPS Swiderski
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