Riots, Socialism, and Chaos

And in the battle on the streets
You fight computers and receipts
And when a man is trying to change
But only causes further pain
You realize that all along
Something in us going wrong
--The Who

Riots. They're increasing in freequency and intensity worldwide. From EU basket cases like Greece, to Middle Eastern streits where food prices are being inflated out of reach, and now to London where people are feeling 'left behind.'

The worldwide experiment in socialism over the past one hundred years may be hitting the wall right here. Massive capital misallocation by central planners who lack accurate pricing mechanisms, complemented by a debt driven ponzi to keep the illusion in motion.

Mises understood the socialistic endpoint well: chaos.