Venezuela reaches the final stage of socialism: no toilet paper

In 1990 I went to a Cato Institute conference in what was then still the Soviet Union. We were told to bring our own toilet paper, which was in fact useful advice. Now, after only 16 years of Chavista rule, Venezuela has demonstrated that "Socialism of the 21st Century" is pretty much like socialism in the 20th century [..].

Venezuela's product shortages have become so severe that some hotels in that country are asking guests to bring their own toilet paper and soap, a local tourism industry spokesman said on Wednesday….

"It's an extreme situation," says Xinia Camacho, owner of a 20-room boutique hotel in the foothills of the Sierra Nevada national park. "For over a year we haven't had toilet paper, soap, any kind of milk, coffee or sugar. So we have to tell our guests to come prepared."…