President Evo Morales of Bolivia ordered the military to occupy energy fields around the country on Monday as he placed Bolivia's oil and gas reserves under state control. Surrounded by soldiers at an oil field operated by the Brazilian energy giant Petroleo Brasileiro, or Petrobras, Mr. Morales ordered foreign producers to relinquish control of all fields and channel future sales of hydrocarbons through the state-owned energy company. (New York Times, Tuesday)
Whatever the grievances, this is not the way to prosperity and freedom.
FEE Timely Classic
Planning Threatens Freedom by C. Brandon Crocker