October 02, 2006

Is this any sort of formula for social justice?

Sir, Larry Birns and Eytan Starkman, believing that “Guatemala is antithesis of the ideal member for UN Security Council” (October 2), dutifully come up with a long list of arguments as to why this post should be given to Mr. Chávez´ Venezuela. All of them could be discussed but the icing on their cake must be when they say that “Mr. Chavez has introduced into the Bretton Wood’s international financial formula the concept of social justice”. In Venezuela, after almost eight years of Chavez´ 21st century version of socialism, petrol is sold at about 3 US cents per liter (12 US cents per gallon) and with that he is effectively transferring about 10% of the country’s GNP from the poor to those who use cars. Luckily for the world, his financial formula of social justice, has been duly ignored.