Venezuela’s government-run supermarkets offering “just” prices

You know you’ve arrived in Venezuela when you can’t even walk down the grocery store aisle without seeing a sign decrying the excesses of capitalism.

I’ll admit I had no idea there existed a “just price” for a liter of vegetable oil, but as you can see, it is clearly written in permanent marker right there on the advertisement. You can’t argue with that. Turns out it’s 4.73 Bolívares Fuertes, or a little over one US dollar. For that price, I’ll suppress my capitalist instincts and enjoy the 32% savings!

This photo was taken at the Mercado Bicentenario, a government-owned grocery store located in Caracas, Venezuela.

[via Greg Mankiw]