How Socialism Ruined My Country

Status
Not open for further replies.

I've been informed that the thread will be deleted if I don't add my own content. Here it is. Socialism is a failed sociopolitical ideology that never lasts more than a couple of decades, not with out the body politic murdering a significant number of the population.

The cheerleaders will cry true socialism has never been tried, my question to that claim, why not ? If the ideology is so great we should have an over abundance of successful socialist states but there aren't any. Another claim is a mix of ideologies work and they might for a short time until the government starts spending more than it takes in the only choice to continue is raise taxes or cut services.

Totally correct. Capitalism isn't perfect and can never be perfect, because there are people in the US who have turned away from God, and do not understand that without God's gift they cannot achieve their own personal satisfaction through hard work. The Constitution allowed US those rights given from God, but all the time, those Socialist/Marxists constantly try to take our God given rights away. Such miserable people the liberals are.

Elvis Presley - Singer - Gospel made millions, turned away from God, died in his 40's
Whitney Houston - Singer, Gospel made millions, turned away from God, died in his 40's
Michael Jackson - Singer, Pop Made millions, turned away from God, died in his 50's
Daryl Strawberry - Baseball Player, Made millions, turned away from God, lost his fortunes and abilities, became a preacher of God.
Tiger Woods - Golfer, Made millions, turned away from God, cant win a tournament anymore.

God gives the gifts, God takes the gifts away.


You forgot the DNC who took God out of the platform and they lost, big time!
 
No, (and you left out Bahrain, Yemen and Libya)....they were destroyed by the military might of USA.INC and their proxy army ISIS/al qaeda. "Crony capitalism" is simply socialism in it's most despotic form.

I blame the Lizard People. The LIzard People are behind it all.

i93Zlav0.jpg
I know more than you.... lizard people? I don't know anything about. Hope this helps!!!
 
Yes conservatives hate socialism. It's been revealed around here in the past few days that the conservative consensus is that we should get rid of socialist programs helping poor children, such as Medicaid and public education,
punishing, as it were, the children for existing,

in order to discourage poor people from having babies.

IOW, now even so-called compassionate conservatism is leftism.

The crazy thing is, many red counties are relying on the very socialist programs that conservative politicians want to get rid of. Its bizarre.
 

I've been informed that the thread will be deleted if I don't add my own content. Here it is. Socialism is a failed sociopolitical ideology that never lasts more than a couple of decades, not with out the body politic murdering a significant number of the population.

The cheerleaders will cry true socialism has never been tried, my question to that claim, why not ? If the ideology is so great we should have an over abundance of successful socialist states but there aren't any. Another claim is a mix of ideologies work and they might for a short time until the government starts spending more than it takes in the only choice to continue is raise taxes or cut services.

Totally correct. Capitalism isn't perfect and can never be perfect, because there are people in the US who have turned away from God, and do not understand that without God's gift they cannot achieve their own personal satisfaction through hard work. The Constitution allowed US those rights given from God, but all the time, those Socialist/Marxists constantly try to take our God given rights away. Such miserable people the liberals are.

Elvis Presley - Singer - Gospel made millions, turned away from God, died in his 40's
Whitney Houston - Singer, Gospel made millions, turned away from God, died in his 40's
Michael Jackson - Singer, Pop Made millions, turned away from God, died in his 50's
Daryl Strawberry - Baseball Player, Made millions, turned away from God, lost his fortunes and abilities, became a preacher of God.
Tiger Woods - Golfer, Made millions, turned away from God, cant win a tournament anymore.

God gives the gifts, God takes the gifts away.


You can't be serious. And how do you know those people you mentioned turned away from God? Did you know Elvis and Whitney personally? Yeah they had their issues but you don't know if they turned away from God.

Who are you to judge?
 
Capitalism in the US just recently created The Bush Great Recessoin, and 20 trillion dollars of debt. The US has a president that hands out government jobs to his friends and family like candy on Halloween. He colluded with a foreign adversary to fix the US election. And he and his allies in Congress are working on a tax cut that will cut taxes on the poor by $40 but cut taxes on wealthy people by $1,000,000.

Yeah that shit is working like a well oiled machine in America.

All successful governments are a mix of Capitalism and Socialism. There aren't any Americans volunteering to pay for and pave their own roads, they expect the Society collectively to pay for that. One example out of thousands. People don't equate roads with 'socialism' because they've always been there. Someone has to pay for them, and 95% of the population could not afford to pay for even a 1/4 mile of a paved road.

Everyone that believes they are pure capitalists you need to pry your lips off the socialist teet first. The video in the OP is simple minded and directed at simple minded people. Corruption leads to debt and disaster? Yeah no shit, just check with Wallstreet in September 2008.
That recession was caused by the Congress forcing lenders to give money to people who could never pay it back. It wasn't Bush as a matter of fact his administration warned that there was a problem with lenders Freddie Mac and Fannie Mae and a certain Democrat claiming there was no problem.

.

Not true.
 
Shall we list the countries destroyed by capitalism?

Iraq, Syria, Afghanistan, Vietnam etc etc?

It's so funny how liberals take it so personally when socialism is attacked. They immediately have to spring to its defense by attacking capitalism. Libs hate capitalism just as much as they do Christians and whites.

It's funny how you'll jump to 100 wrong conclusions at the same time.

I'm not a Socialist and I don't like Socialism.

The point I was making was that just because Venezuela isn't working, doesn't mean it's because of Socialism at all. Partly it's due to the people in charge. Maduro is an idiot, he's your typical nonsense politician who's more interested in being in charge than actually doing anything useful, he's a bit like Jeremy Corbyn in the UK, another muppet Socialist who is very good at playing the game, but wouldn't be able to run a kids' birthday party.

People will say that Socialism doesn't work, but all systems can fail. It's not that hard. You get the US going around the world bullying other countries, not giving a damn about other countries as long as they get what they want. Does Syria work right now? Hell no it doesn't, and that's due to things like the US destabilizing the region. Oh, how great Capitalism works, hey.

Perspective dude, that's what I'm offering, you're offering bad assumptions.

Socialism is the main reason why Venezuela is falling apart.

A similar playbook has happened in many countries.

Which makes the assumption that a good socialist leader would have led them down the exact path they are on now. I don't agree with that. I think their main problems are because of their leadership being awful. Maduro is not Chavez.

But had the price of oil not dropped, then Maduro probably wouldn't be having so many problems either. When you have an economy which has, quite frankly, been fucked over by the US for so long, then the economy might have been better, and might have been able to cope without relying heavily on oil. But it did, and Chavez got elected because he promised hope of getting out of the US's shadow.

It's a complex situation, and one where you can't just blame it on Socialism. And I think Socialism is mostly unworkable. However I also support things like socialized healthcare, police, armed forces etc.

This is on Chavez. Maduro merely inherited the problem.

Chavez was grossly incompetent. He ramped up spending when oil was at all time highs, ran deficits even then, and eviscerated PdVSa causing production to fall. When inflation started to soar, he implemented capital controls, pegged the bolivar, and fixed prices on many goods. Unsurprisingly to anyone who isn't an economic idiot, shortages occurred because businesses wouldn't operate at a loss. Chavez then started seizing businesses, blaming them for the shortages, curtailing investment even further.

After Chavez died, oil collapsed. But the economy was heading south beforehand.

This has happened many times before. As Marx said, history repeats itself, first as tragedy, then as farce.

I'm not so sure, it's complicated. Nobody knows what Chavez would have done, how much of a smart guy he was or wasn't. Chavez set the whole thing up, and then died.

Reliance on oil was Chavez's problem, but what happened before that? Before Chavez got in?

Part of Chavez's plan was to get OPEC sorted together. The US didn't like this, so took out Saddam, took out Gaddafi, made sure OPEC was weak. Oil prices were relatively high until about 2014 when they dropped. But they had been rising during Chavez's time due to what Chavez was doing.

So the US played a big part here, they basically destroyed OPEC's ability to do things, and this hurt Venezuela massively. Which the US wouldn't mind, going around world telling everyone democracy is great, then destroying Venezuelan democracy by trying to oust Chavez, and then trying to destroy their economy knowing full well it relied on oil.

So, there's plenty to say about all of this, this isn't just on Maduro, however useless he is, and it's not just on Chavez either.

Cuba is another example of Socialism failing because of US interference. Cuba could probably have worked to a certain extent under Castro. In Europe it was difference, Soviet Communism/Socialism really wasn't. It was something different and really wasn't going to work.

Again, I'm not a Socialist and I don't really like Socialism except in certain cases. However, to make a simple argument that Socialism failed in Venezuela purely because it's Socialism is nonsense.

Iran is having a hard time. Why? Oil prices dropped AND the US is fucking around with it too. Why has Iran survived better than Venezuela, well, the govt is more mature and the leaders are wiser.
 
No, that was done by Dems, denying there was a problem when warned





For years President Bush warned of the coming crisis, starting in 2001. In 2008, 17 times he called for reform with the top 2 videos showing his reception from the Dems (no problem)-

President Bush publicly called for GSE reform 17 times in 2008


The Democrat Congress has made a sever blow to the American economy. One must wonder if the warnings by President Bush were not responded to because of Democrats and the Cloward & Piven strategy.

2001 April: The Administration’s FY02 budget declares that the size of Fannie Mae and Freddie Mac is “a potential problem,” because “financial trouble of a large GSE could cause strong repercussions in financial markets, affecting Federally insured entities and economic activity.”

2002 May: The President calls for the disclosure and corporate governance principles contained in his 10-point plan for corporate responsibility to apply to Fannie Mae and Freddie Mac. (OMB Prompt Letter to OFHEO, 5/29/02)

2003 January: Freddie Mac announces it has to restate financial results for the previous three years.

February: The Office of Federal Housing Enterprise Oversight (OFHEO) releases a report explaining that “although investors perceive an implicit Federal guarantee of [GSE] obligations,” “the government has provided no explicit legal backing for them.” As a consequence, unexpected problems at a GSE could immediately spread into financial sectors beyond the housing market. (“Systemic Risk: Fannie Mae, Freddie Mac and the Role of OFHEO,” OFHEO Report, 2/4/03)

September: Fannie Mae discloses SEC investigation and acknowledges OFHEO’s review found earnings manipulations.

September: Treasury Secretary John Snow testifies before the House Financial Services Committee to recommend that Congress enact “legislation to create a new Federal agency to regulate and supervise the financial activities of our housing-related government sponsored enterprises” and set prudent and appropriate minimum capital adequacy requirements.October: Fannie Mae discloses $1.2 billion accounting error.

November: Council of the Economic Advisers (CEA) Chairman Greg Mankiw explains that any “legislation to reform GSE regulation should empower the new regulator with sufficient strength and credibility to reduce systemic risk.” To reduce the potential for systemic instability, the regulator would have “broad authority to set both risk-based and minimum capital standards” and “receivership powers necessary to wind down the affairs of a troubled GSE.” (N. Gregory Mankiw, Remarks At The Conference Of State Bank Supervisors State Banking Summit And Leadership, 11/6/03)

2004 February: The President’s FY05 Budget again highlights the risk posed by the explosive growth of the GSEs and their low levels of required capital, and called for creation of a new, world-class regulator: “The Administration has determined that the safety and soundness regulators of the housing GSEs lack sufficient power and stature to meet their responsibilities, and therefore…should be replaced with a new strengthened regulator.” (2005 Budget Analytic Perspectives, pg. 83)

February: CEA Chairman Mankiw cautions Congress to “not take [the financial market’s] strength for granted.”

Again, the call from the Administration was to reduce this risk by “ensuring that the housing GSEs are overseen by an effective regulator.” (N. Gregory Mankiw, Op-Ed, “Keeping Fannie And Freddie’s House In Order,” Financial Times, 2/24/04)

June: Deputy Secretary of Treasury Samuel Bodman spotlights the risk posed by the GSEs and called for reform, saying “We do not have a world-class system of supervision of the housing government sponsored enterprises (GSEs), even though the importance of the housing financial system that the GSEs serve demands the best in supervision to ensure the long-term vitality of that system.

Therefore, the Administration has called for a new, first class, regulatory supervisor for the three housing GSEs: Fannie Mae, Freddie Mac, and the Federal Home Loan Banking System.” (Samuel Bodman, House Financial Services Subcommittee on Oversight and Investigations Testimony, 6/16/04)

2005 April: Treasury Secretary John Snow repeats his call for GSE reform, saying “Events that have transpired since I testified before this Committee in 2003 reinforce concerns over the systemic risks posed by the GSEs and further highlight the need for real GSE reform to ensure that our housing finance system remains a strong and vibrant source of funding for expanding home-ownership opportunities in America… Half-measures will only exacerbate the risks to our financial system.” (Secretary John W. Snow, “Testimony Before The U.S. House Financial Services Committee,” 4/13/05)

2007 July: Two Bear Stearns hedge funds invested in mortgage securities collapse. August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying “first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options.” (President George W. Bush, Press Conference, The White House, 8/9/07)

September: RealtyTrac announces foreclosure filings up 243,000 in August – up 115 percent from the year before. September: Single-family existing home sales decreases 7.5 percent from the previous month – the lowest level in nine years. Median sale price of existing homes fell six percent from the year before.

December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying “These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I’ve called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon.” (President George W. Bush, Discusses Housing, The White House, 12/6/07)

2008 January: Bank of America announces it will buy Countrywide. January: Citigroup announces mortgage portfolio lost $18.1 billion in value. February: Assistant Secretary David Nason reiterates the urgency of reforms, says “A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully.” (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08) March: Bear Stearns announces it will sell itself to JPMorgan Chase. March: President Bush calls on Congress to take action and “move forward with reforms on Fannie Mae and Freddie Mac.

They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages.” (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08) April: President Bush urges Congress to pass the much needed legislation and “modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes.” (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)

May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further. “Americans are concerned about making their mortgage payments and keeping their homes.

Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance sub-prime loans.” (President George W. Bush, Radio Address, 5/3/08) “[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator.” (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08) Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans.” (President George W. Bush, Radio Address, 5/31/08)

June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying “we need to pass legislation to reform Fannie Mae and Freddie Mac.” (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08) July: Congress heeds the President’s call for action and passes reform of Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing. (White House Press Release)

President Bush Warned Dems of Financial and Housing Crisis | Real Verse
Setting the Record Straight: Six Years of Unheeded Warnings for GSE Reform

Capitalism in the US just recently created The Bush Great Recessoin, and 20 trillion dollars of debt. The US has a president that hands out government jobs to his friends and family like candy on Halloween. He colluded with a foreign adversary to fix the US election. And he and his allies in Congress are working on a tax cut that will cut taxes on the poor by $40 but cut taxes on wealthy people by $1,000,000.

Yeah that shit is working like a well oiled machine in America.

All successful governments are a mix of Capitalism and Socialism. There aren't any Americans volunteering to pay for and pave their own roads, they expect the Society collectively to pay for that. One example out of thousands. People don't equate roads with 'socialism' because they've always been there. Someone has to pay for them, and 95% of the population could not afford to pay for even a 1/4 mile of a paved road.

Everyone that believes they are pure capitalists you need to pry your lips off the socialist teet first. The video in the OP is simple minded and directed at simple minded people. Corruption leads to debt and disaster? Yeah no shit, just check with Wallstreet in September 2008.
 
It's so funny how liberals take it so personally when socialism is attacked. They immediately have to spring to its defense by attacking capitalism. Libs hate capitalism just as much as they do Christians and whites.

It's funny how you'll jump to 100 wrong conclusions at the same time.

I'm not a Socialist and I don't like Socialism.

The point I was making was that just because Venezuela isn't working, doesn't mean it's because of Socialism at all. Partly it's due to the people in charge. Maduro is an idiot, he's your typical nonsense politician who's more interested in being in charge than actually doing anything useful, he's a bit like Jeremy Corbyn in the UK, another muppet Socialist who is very good at playing the game, but wouldn't be able to run a kids' birthday party.

People will say that Socialism doesn't work, but all systems can fail. It's not that hard. You get the US going around the world bullying other countries, not giving a damn about other countries as long as they get what they want. Does Syria work right now? Hell no it doesn't, and that's due to things like the US destabilizing the region. Oh, how great Capitalism works, hey.

Perspective dude, that's what I'm offering, you're offering bad assumptions.

Socialism is the main reason why Venezuela is falling apart.

A similar playbook has happened in many countries.

Which makes the assumption that a good socialist leader would have led them down the exact path they are on now. I don't agree with that. I think their main problems are because of their leadership being awful. Maduro is not Chavez.

But had the price of oil not dropped, then Maduro probably wouldn't be having so many problems either. When you have an economy which has, quite frankly, been fucked over by the US for so long, then the economy might have been better, and might have been able to cope without relying heavily on oil. But it did, and Chavez got elected because he promised hope of getting out of the US's shadow.

It's a complex situation, and one where you can't just blame it on Socialism. And I think Socialism is mostly unworkable. However I also support things like socialized healthcare, police, armed forces etc.

This is on Chavez. Maduro merely inherited the problem.

Chavez was grossly incompetent. He ramped up spending when oil was at all time highs, ran deficits even then, and eviscerated PdVSa causing production to fall. When inflation started to soar, he implemented capital controls, pegged the bolivar, and fixed prices on many goods. Unsurprisingly to anyone who isn't an economic idiot, shortages occurred because businesses wouldn't operate at a loss. Chavez then started seizing businesses, blaming them for the shortages, curtailing investment even further.

After Chavez died, oil collapsed. But the economy was heading south beforehand.

This has happened many times before. As Marx said, history repeats itself, first as tragedy, then as farce.
Socialism doesn't work for anything larger than a tiny village.

And you can prove that, right?

What does "work" mean in this context?
 
It's funny how you'll jump to 100 wrong conclusions at the same time.

I'm not a Socialist and I don't like Socialism.

The point I was making was that just because Venezuela isn't working, doesn't mean it's because of Socialism at all. Partly it's due to the people in charge. Maduro is an idiot, he's your typical nonsense politician who's more interested in being in charge than actually doing anything useful, he's a bit like Jeremy Corbyn in the UK, another muppet Socialist who is very good at playing the game, but wouldn't be able to run a kids' birthday party.

People will say that Socialism doesn't work, but all systems can fail. It's not that hard. You get the US going around the world bullying other countries, not giving a damn about other countries as long as they get what they want. Does Syria work right now? Hell no it doesn't, and that's due to things like the US destabilizing the region. Oh, how great Capitalism works, hey.

Perspective dude, that's what I'm offering, you're offering bad assumptions.

Socialism is the main reason why Venezuela is falling apart.

A similar playbook has happened in many countries.

Which makes the assumption that a good socialist leader would have led them down the exact path they are on now. I don't agree with that. I think their main problems are because of their leadership being awful. Maduro is not Chavez.

But had the price of oil not dropped, then Maduro probably wouldn't be having so many problems either. When you have an economy which has, quite frankly, been fucked over by the US for so long, then the economy might have been better, and might have been able to cope without relying heavily on oil. But it did, and Chavez got elected because he promised hope of getting out of the US's shadow.

It's a complex situation, and one where you can't just blame it on Socialism. And I think Socialism is mostly unworkable. However I also support things like socialized healthcare, police, armed forces etc.

This is on Chavez. Maduro merely inherited the problem.

Chavez was grossly incompetent. He ramped up spending when oil was at all time highs, ran deficits even then, and eviscerated PdVSa causing production to fall. When inflation started to soar, he implemented capital controls, pegged the bolivar, and fixed prices on many goods. Unsurprisingly to anyone who isn't an economic idiot, shortages occurred because businesses wouldn't operate at a loss. Chavez then started seizing businesses, blaming them for the shortages, curtailing investment even further.

After Chavez died, oil collapsed. But the economy was heading south beforehand.

This has happened many times before. As Marx said, history repeats itself, first as tragedy, then as farce.
Socialism doesn't work for anything larger than a tiny village.

And you can prove that, right?

What does "work" mean in this context?
Venezuela, Greece, and so on. The USSR and China had to murder 10's of millions. None of that equates to success.
 
Socialism is the main reason why Venezuela is falling apart.

A similar playbook has happened in many countries.

Which makes the assumption that a good socialist leader would have led them down the exact path they are on now. I don't agree with that. I think their main problems are because of their leadership being awful. Maduro is not Chavez.

But had the price of oil not dropped, then Maduro probably wouldn't be having so many problems either. When you have an economy which has, quite frankly, been fucked over by the US for so long, then the economy might have been better, and might have been able to cope without relying heavily on oil. But it did, and Chavez got elected because he promised hope of getting out of the US's shadow.

It's a complex situation, and one where you can't just blame it on Socialism. And I think Socialism is mostly unworkable. However I also support things like socialized healthcare, police, armed forces etc.

This is on Chavez. Maduro merely inherited the problem.

Chavez was grossly incompetent. He ramped up spending when oil was at all time highs, ran deficits even then, and eviscerated PdVSa causing production to fall. When inflation started to soar, he implemented capital controls, pegged the bolivar, and fixed prices on many goods. Unsurprisingly to anyone who isn't an economic idiot, shortages occurred because businesses wouldn't operate at a loss. Chavez then started seizing businesses, blaming them for the shortages, curtailing investment even further.

After Chavez died, oil collapsed. But the economy was heading south beforehand.

This has happened many times before. As Marx said, history repeats itself, first as tragedy, then as farce.
Socialism doesn't work for anything larger than a tiny village.

And you can prove that, right?

What does "work" mean in this context?
Venezuela, Greece, and so on. The USSR and China had to murder 10's of millions. None of that equates to success.

Well, this doesn't really answer the question, does it?

Proving that something failed in one place, doesn't mean that it can't work. Humans couldn't fly. So they tried, and they failed. Does that mean humans would never fly?
 
Socialism is the main reason why Venezuela is falling apart.

A similar playbook has happened in many countries.

Which makes the assumption that a good socialist leader would have led them down the exact path they are on now. I don't agree with that. I think their main problems are because of their leadership being awful. Maduro is not Chavez.

But had the price of oil not dropped, then Maduro probably wouldn't be having so many problems either. When you have an economy which has, quite frankly, been fucked over by the US for so long, then the economy might have been better, and might have been able to cope without relying heavily on oil. But it did, and Chavez got elected because he promised hope of getting out of the US's shadow.

It's a complex situation, and one where you can't just blame it on Socialism. And I think Socialism is mostly unworkable. However I also support things like socialized healthcare, police, armed forces etc.

This is on Chavez. Maduro merely inherited the problem.

Chavez was grossly incompetent. He ramped up spending when oil was at all time highs, ran deficits even then, and eviscerated PdVSa causing production to fall. When inflation started to soar, he implemented capital controls, pegged the bolivar, and fixed prices on many goods. Unsurprisingly to anyone who isn't an economic idiot, shortages occurred because businesses wouldn't operate at a loss. Chavez then started seizing businesses, blaming them for the shortages, curtailing investment even further.

After Chavez died, oil collapsed. But the economy was heading south beforehand.

This has happened many times before. As Marx said, history repeats itself, first as tragedy, then as farce.
Socialism doesn't work for anything larger than a tiny village.

And you can prove that, right?

What does "work" mean in this context?
Venezuela, Greece, and so on. The USSR and China had to murder 10's of millions. None of that equates to success.
COMMUNISM is totalitarian where the state owns everything. Socialism is democratic, well regulated fair capitalism with a good safety net. Try getting that thru your thick brainwashed head.
 
Status
Not open for further replies.

Forum List

Back
Top