The Reductio Ad Absurdum of Socialism: Venezuela

Discussion in 'Current Events' started by boedicca, May 14, 2010.

  1. boedicca
    Offline

    boedicca Uppity Water Nymph Supporting Member

    Joined:
    Feb 12, 2007
    Messages:
    41,771
    Thanks Received:
    12,765
    Trophy Points:
    2,250
    Location:
    The Land of Funk
    Ratings:
    +22,715
    Quelle Surprise!

    Chavez's socialist policies in Venezuela are destroying its economy:

    It's a common experience in Venezuela, where the economy contracted 3.3 percent in 2009 and is expected to shrink further this year. Few business owners see a rosy future, at least in the short term.

    Jose Guerra, a former Central Bank economist, says state intervention in private businesses is hitting the economy hard.

    "The government is nationalizing, expropriating, or confiscating," he says. "They are not creating new wealth; this is wealth that was already created."

    If that weren't bad enough, another factor is hobbling the economy — an unprecedented energy crisis.

    Critics say a lack of investment, coupled with government ineptitude, left Venezuela without the electrical generation capacity it needs. The government blames a brutal drought.

    Whatever the reason, cities such as San Cristobal go dark every day — sometimes for four hours or more, as the government uses rolling blackouts to save energy.

    On a recent morning at Zambrano auto works, the compressors and power painters come on after a blackout. Workers have been at a standstill for an hour, says Jesus Yanis, who paints cars. He adds that he expects the power to go out again later in the day, for another two hours.

    The blackouts have hurt business, Yanis says. ...


    Economic Woes Threaten Chavez's Socialist Vision : NPR


    Yet more proof that eventually Socialism runs out of other people's money.
     
    Last edited: May 14, 2010
  2. rightwinger
    Online

    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

    Joined:
    Aug 4, 2009
    Messages:
    120,214
    Thanks Received:
    19,811
    Trophy Points:
    2,190
    Location:
    NJ & MD
    Ratings:
    +45,287
    Domo Arigato, Mr. Roboto
     
  3. boedicca
    Offline

    boedicca Uppity Water Nymph Supporting Member

    Joined:
    Feb 12, 2007
    Messages:
    41,771
    Thanks Received:
    12,765
    Trophy Points:
    2,250
    Location:
    The Land of Funk
    Ratings:
    +22,715
    Just keep telling yourself that, RW.

    :)
     
  4. Luissa
    Offline

    Luissa Annoying Customer Supporting Member

    Joined:
    Sep 7, 2008
    Messages:
    43,190
    Thanks Received:
    5,593
    Trophy Points:
    1,785
    Location:
    TARDIS
    Ratings:
    +5,664
    While we let corporations erase the middle class.
     
    • Thank You! Thank You! x 2
  5. boedicca
    Offline

    boedicca Uppity Water Nymph Supporting Member

    Joined:
    Feb 12, 2007
    Messages:
    41,771
    Thanks Received:
    12,765
    Trophy Points:
    2,250
    Location:
    The Land of Funk
    Ratings:
    +22,715
    Corporations are not erasing the middle class.

    Big Government sucking the oxygen out of the private sector is. Most job creation comes from small businesses - Obamanomics is killing them off.

    Greece and Venezuela are both emblematic of what Big Government Policies do to a country. Thinking we can do the same things and avoid a similar result is insane.
     
  6. L.K.Eder
    Offline

    L.K.Eder unbannable non-troll

    Joined:
    May 29, 2009
    Messages:
    20,290
    Thanks Received:
    3,606
    Trophy Points:
    280
    Location:
    theartching thapphireth
    Ratings:
    +6,772
    quelle surprise
     
  7. DiamondDave
    Offline

    DiamondDave Army Vet

    Joined:
    Jun 30, 2008
    Messages:
    18,169
    Thanks Received:
    2,812
    Trophy Points:
    183
    Location:
    MD, on the Potomac River
    Ratings:
    +2,816
    The opportunity to succeed goes hand in hand with the opportunity to fail in a free society... but I will take a system based on freedom over a system based on socialist principles any day
     
    • Thank You! Thank You! x 1
  8. boedicca
    Offline

    boedicca Uppity Water Nymph Supporting Member

    Joined:
    Feb 12, 2007
    Messages:
    41,771
    Thanks Received:
    12,765
    Trophy Points:
    2,250
    Location:
    The Land of Funk
    Ratings:
    +22,715
    Socialism's goal is for everyone to fail equally, except for the elite ruling class who live well while everyone else experiences declining living standards.
     
    • Thank You! Thank You! x 1
  9. Luissa
    Offline

    Luissa Annoying Customer Supporting Member

    Joined:
    Sep 7, 2008
    Messages:
    43,190
    Thanks Received:
    5,593
    Trophy Points:
    1,785
    Location:
    TARDIS
    Ratings:
    +5,664
    I think you have to have some socialistic programs, kind of like our current system, which is not destroying the middle class. Moving manufactoring jobs to Mexico(middle class jobs) to other countries, is what is destroying this country. CEO's making 20 million a year, while paying their workers min wage, and not giving them health care, also helps. Taking bonuses, while laying off workers, is what is destroying our economy.
    You guys bitch about unions, but have no problem with CEO's bleeding their companies dry so they can fly to play golf in Palm Springs.
     
  10. Luissa
    Offline

    Luissa Annoying Customer Supporting Member

    Joined:
    Sep 7, 2008
    Messages:
    43,190
    Thanks Received:
    5,593
    Trophy Points:
    1,785
    Location:
    TARDIS
    Ratings:
    +5,664
    Yeah that is goal. :lol:

    How about not letting war lords hold all the land and the rights, while the rest go poor?
    And it isn't socialistic programs that are giving the elite more power in this country. It is rulngs like the Supreme Court made that are allowing it to happen, or people like siding with corporations, while they ship our jobs overseas.
     

Share This Page