31–40 of 143 posts
When the solution to every problem is more government, more redistribution, and higher taxes, this is the inevitable result. A tragedy caused 100% by politics
It takes a special kind of talent to impoverish countries as blessed with natural resources as Venezuela and Argentina.
Earlier quoted context omitted.
Yep. Chavez started as a proletariat leader. I believe some liberal leaders like Sean Penn publicly supported Chavez (? someone fact check me here).
In the UK Jeremy Corbyn as recently as last January (when all the signs were already clear) was holding up Venezuela as a role model for the UK. He still hasn't denounced the regime there.
"Hugo Chavez declared the oil belonged 2 the ppl. He used the oil $ 2 eliminate 75% of extreme poverty, provide free health & education 4 all" - Michael Moore
The amount of comments on this thread decrying 'socialism' with very pithy comments is concerning. I guess the whole internet is infected with trolls now, especially political ones...
Or those who understand economics and history.
When the solution to every problem is more government, more redistribution, and higher taxes, this is the inevitable result. A tragedy caused 100% by politics
It takes a special kind of talent to impoverish countries as blessed with natural resources as Venezuela and Argentina.
When the solution to every problem is more government, more redistribution, and higher taxes, this is the inevitable result. A tragedy caused 100% by politics
Nah, this is the result of corruption. We should be worried in the US, this could be our future.
e.g. You worry about the cops being corrupt; you don't worry much about a local restaurant owner being corrupt because you can just eat somewhere else.
This is why small government, freedom and individualism are very simple and effective antidotes to corruption.
The word "socialism" is missing from the article. The situation must be a natural disaster.
That's not socialism. That's a dictatorship and corruption.
all the fans of socialism always forget, the same problem that doomed Venezuela exists in all nations. Politicians. Politicians who are above the law, who are the one percent, who are there to lead and by that requirement deserve special status. Doesn't matter what you call your government type, they always have more power and less restrictions on their actions.
the difference is that it is implied in a socialist society that there is no private property or very little. as such what is there to aspire too? some quasi socialist countries try to juggle this issue to some success but are they really socialist or truly capitalist with some "socialist" qualities?
when government fails to protect the private property rights of people, to the effort of their work, their physical property, the wealth they create in their businesses, it is only a matter of time before it folds. you can only take until the wealth dries up. once that happens you only have force
When the solution to every problem is more government, more redistribution, and higher taxes, this is the inevitable result. A tragedy caused 100% by politics
And Venezuela was among the richest countries in south America not too long ago (early 20th century). This is a cautionary tale.
Venezuela is a cautionary tale of a wide spectrum of economic policies, not only the recent ones as the media would like us to think.
Earlier quoted context omitted.
And Venezuela was among the richest countries in south America not too long ago (early 20th century). This is a cautionary tale.
Every socialist country is or will be a cautionary tale.
When the solution to every problem is more government, more redistribution, and higher taxes, this is the inevitable result. A tragedy caused 100% by politics
It takes a special kind of talent to impoverish countries as blessed with natural resources as Venezuela and Argentina.
Well, that's my interpretation of the situation? It seems like the common way for this kind of situations to arise. The political ideology that the rulers choose as costume for their kleptocracy seems only marginally relevant.
Earlier quoted context omitted.
How many socialist regimes need to end in "dictatorship and corruption" before the world realises that the latter is the inevitable consequence of the former?
Yep. Chavez started as a proletariat leader. I believe some liberal leaders like Sean Penn publicly supported Chavez (? someone fact check me here).