Venezuela started off a lot poorer.
{During the 1970s, Venezuela was the richest country in Latin America. With the region’s highest growth rates and the lowest levels of inequality, it was also one of the most stable democracies in the Americas. But starting in the early 1980s, things fell apart. The nation endured three coup attempts and one presidential impeachment. Per capita growth plunged, and mass protests became the norm. What happened?}
Venezuela Before Chávez: Anatomy of an Economic Collapse by Ricardo Hausmann and Francisco R. RodrÃguez
The depth of your ignorance is astounding.
Why don't you compare Venezuela to the rest of Latin America?????????
Venezuela is actually rich by Latino standards, as is Cuba.
So, how do you figure that even works as a "Great dig on Communism"????????
Not that I'm a Communist, I'm a Fascist, I also hate Commies.
Complete bullshit. Whether due to dishonest or just extreme ignorance I cannot say.
Venezuela is the poorest nation in South America by a wide margin.
{
For years, the world watched corrupt socialists turn Latin America’s richest nation, Venezuela, into one of its poorest. Now, as the
country’s economy nears total collapse, it’s time to ask what can be done to contain the fallout and help its residents.
Start with its refugees: In a nation whose 2016 population was 31 million, 1.8 million have fled the country over the past two years. This year, it’s 5,000 a day — with the United Nations projecting another 2 million gone by year’s end.
Venezuela’s neighbors bear the brunt of this refugee flood. But more than 28,000 Venezuelans sought asylum in the United States last year, the US Citizenship and Immigration Services notes. That’s up 88 percent from 2016, and 1,300 percent since 2014. There are now three times as many asylum-seekers here from Venezuela as from any other nation.}
https://nypost.com/2018/08/25/borders-wont-be-able-to-contain-venezuelas-disaster/
Most Communists like you try to blame a collapse in oil prices for the disaster of Communism in Venezuela, but that like all things socialist is just a ******* lie.
Oil INCREASED during the reign of Chavez.
Nope, you are economically illiterate, like most Americans.
Capitalism is stagnant in wages for decade after decade, JUST LIKE the COMMUNISTS.
You tell me why that is?
Because Capitalism is ALSO a GREAT FAILURE.
Son, spewing mindless Marxist platitudes will not make you appear to have a grasp of economics to your superiors here.
What is your favorite economic text, and why? Or better, what is the most important concept you have gleaned from the "General Theory."
{LOL, which you can't even name the author of without searching Google.}
Your last statement proves once AGAIN you are economically illiterate, Socialism is regulation of the economy NOT really Social Programs, a typical Conservative IDIOCY As ALWAYS.
Of course I want the economy regulated, against outsourcing, against illegals, against monopolies which drive down competition allowing for lay offs, and jacked up prices.
Socialism is the control of the means of production by the state.
You are a shitty Fascist if you fail to remember that Mussolini, you know, the guy who WROTE THE ******* BOOK adamantly advocates complete control of what you will ignorantly call "corporations".
You've bit off far more than you can chew.
