Venezuela news

[TheReal_ND]

And in control of everything.

Maybe it's just a pure (((coincidence))) socialism is shilled so hard by some factions of the elite....

[Hanarchy Montanarchy]

Because they are the ones pumping everyone else out of business jack wagon.

They are still losing money hand over fist but they have lots of it and can afford to drive the competition under. You're dumb dude.

So scale is the problem, not the structure of the economy.

[TheReal_ND]

Scale is the opposite of the problem. The entire structure as well as the culture is actually the problem. Believe me when I say that if oil ceases to pump tomorrow that entire peninsula would be drowned in nuclear hellfire by the end of the week. And no, it won't be anything nuclear Hitler did.

[Hanarchy Montanarchy]

The point is that a "freer" market for oil wouldn't have changed the outcome for Venezuela. Even if they were full bone capitalists whose economy relied almost entirely on oil, the market falling out on them would have screwed them.

[TheReal_ND]

It screwed us all. However nationalizing oil has done fuck all for Mexico for the past several dozen oil cycles. I'm not saying capitalism isn't without its follies but trusting spic beaners to run a nationalized industry as vital as oil is just.... laughable. Ffs they already owe every single gold bar they ever mined to the bankers. Stupid.

[Okeefenokee]

The point is that a "freer" market for oil wouldn't have changed the outcome for Venezuela. Even if they were full bone capitalists whose economy relied almost entirely on oil, the market falling out on them would have screwed them.

Ehem,



They aren't growing any food.

[C-Mag]

Why are starvation and famine only moral problems when we can blame the commies.

If you starve on your own merit in a free market... well at least some socialist monster didn't try to subsidize you.

Also, you folks should try reading the whole post. I don't think command economies are a good idea and said as much. I don't think wealth destruction is limited to them though.

When was the last time anyone in a free market system saw mass starvation that wasn't the result of a war?

What was the last free market system that existed without any state subsidized social safety net? I would bet that is a good place to start looking.

Hanarchy, I know you are not stupid, so I am going to assume you are trying to divert the conversation away from the recorded history of failed Socialism/Communism.

Venezuela is a carbon copy of all the other failed states like it, they make the same stupid moves every time.

There is a point to the study of history. For as George Santayana said, those who fail to study it are doomed to repeat it. The point therefore being to find out which things people tried in the past, which of those things didn't work and then not do them. It's this part of the process that President Maduro and his merry band in Venezuela seem to have missed. For they've just decided to start down, or perhaps continue down the path given their past actions, of one of the greatest mistakes made by the Soviet Union. That is, the nationalization of the food distribution system.
https://www.forbes.com/sites/timworstal ... 729d1650ff

Look what nationalizing food production and farming has done to Venezuela
http://www.latimes.com/world/mexico-ame ... story.html

Venezuela using the same crazy reasoning that is taught to stupid college students; Socialism will work if we do it right. So Venezuela nationalized food and sugar, and confiscated farm land. And Shockingly, just like in Russia, China, Korea and Cuba, production plummeted and the nation suddenly needed to import more and more. So Venzuela carries on with the next steps in Utopia, confiscating weapons, nationalizing food distribution and arming political allies to destroy protesters.

Denying this is either dishonest or stupid.

[Hanarchy Montanarchy]

The point is that a "freer" market for oil wouldn't have changed the outcome for Venezuela. Even if they were full bone capitalists whose economy relied almost entirely on oil, the market falling out on them would have screwed them.

Ehem,



They aren't growing any food.

I don't see how that relates to what I wrote. I am also unclear how showing that countries who have subsidized food production trade food is an argument against governments subsidizing production. I am also pretty certain many of those countries have large swaths of population with substandard nutrition despite their food surpluses.

[Hanarchy Montanarchy]

When was the last time anyone in a free market system saw mass starvation that wasn't the result of a war?

What was the last free market system that existed without any state subsidized social safety net? I would bet that is a good place to start looking.

Hanarchy, I know you are not stupid, so I am going to assume you are trying to divert the conversation away from the recorded history of failed Socialism/Communism.

Venezuela is a carbon copy of all the other failed states like it, they make the same stupid moves every time.

There is a point to the study of history. For as George Santayana said, those who fail to study it are doomed to repeat it. The point therefore being to find out which things people tried in the past, which of those things didn't work and then not do them. It's this part of the process that President Maduro and his merry band in Venezuela seem to have missed. For they've just decided to start down, or perhaps continue down the path given their past actions, of one of the greatest mistakes made by the Soviet Union. That is, the nationalization of the food distribution system.
https://www.forbes.com/sites/timworstal ... 729d1650ff

Look what nationalizing food production and farming has done to Venezuela
http://www.latimes.com/world/mexico-ame ... story.html

Venezuela using the same crazy reasoning that is taught to stupid college students; Socialism will work if we do it right. So Venezuela nationalized food and sugar, and confiscated farm land. And Shockingly, just like in Russia, China, Korea and Cuba, production plummeted and the nation suddenly needed to import more and more. So Venzuela carries on with the next steps in Utopia, confiscating weapons, nationalizing food distribution and arming political allies to destroy protesters.

Denying this is either dishonest or stupid.

I don't think command economies are robust at all.

I have at times been both dishonest and stupid, but I think it is interesting to talk about the specifics of Venezuela and the logic of nationalizing natural resources, and I think it is boring to argue: commies bad, freedom good, end of story.

[Okeefenokee]

I don't see how that relates to what I wrote. I am also unclear how showing that countries who have subsidized food production trade food is an argument against governments subsidizing production. I am also pretty certain many of those countries have large swaths of population with substandard nutrition despite their food surpluses.

Carlus already pointed it out to you. These plans always fail. Always.