11–20 of 59 posts
PSUV really needs to replace Maduro with someone more competent.
Why would you blame the head of the system rather than the underlying ideology ?
The situation in Venezuela makes my heart hurt. Reading about how Hugo Chavez destroyed PDVSA through ignorance and incompetence is a real life example of how much damage a populist strongman can do.
Earlier quoted context omitted.
Why would you blame the head of the system rather than the underlying ideology ?
Regardless of which you blame, if you intend to change ideologies (not saying Venezuela will), then you take out the head of the current system.
The Head of State generally has a substantial power base in the system in order to hold their seat. If they are ousted, it is a sign their power base has waned and the system changed.
A key question here is if the security forces will remain loyal to the government. I wonder how they are making out, like are they getting enough food, and do the leaders think the present regime can be sustained over the long term.
The situation in Venezuela makes my heart hurt. Reading about how Hugo Chavez destroyed PDVSA through ignorance and incompetence is a real life example of how much damage a populist strongman can do.
Me too. I worked on some good projects there a few years ago and now this. Is there somewhere a “for dummies” analysis / explanation of the chain of events and decisions that led to the current situation in Venezuela? I can’t fathom how it is possible even in the most corrupt place in the world to reach such a sorry state.
In short: price controls, nationalization, high taxation, corruption, Cuban economic influence (read socialism/marxism), economic malinvestment, overspending, debt, and then printing money...
Earlier quoted context omitted.
Why would you blame the head of the system rather than the underlying ideology ?
What underlying ideology? Socialism? There's nothing that says socialism or some form of it can't work.
How many time should an experiment be repeated to disprove an ideology ?
Earlier quoted context omitted.
Why would you blame the head of the system rather than the underlying ideology ?
What underlying ideology? Socialism? There's nothing that says socialism or some form of it can't work.
The situation in Venezuela makes my heart hurt. Reading about how Hugo Chavez destroyed PDVSA through ignorance and incompetence is a real life example of how much damage a populist strongman can do.
why "populist" ? I don't think the starving Venezuelans condone the system very much. Venezuelan policies are at foremost socialist .