Venezuela economy

Ha, of course there were no ulterior motives when you started this thread. Your concern about the plight of the Venezuelan people is admirable.

He's probably more concerned about them than the Venezuelan government to be fair.
 
The country that gave the world IKEA?
One company does not an economy make. Also, socialism, communism, the former allows private generation of wealth but demands a state controlled redistribution of it to ensure equality of opportunity and eradication of classes, the latter is a corruption that seeks a return to the fuedal system by delivering all assets into state hands. We could have a long discussion on this one :)
 
I think what im trying to point out is that the right use Venezuela as the example and the left use Sweden as the example.

Why didnt you use both examples and only 1?
Clearly because I disageee about your analysis of Sweden as a socialist country. It is a capitalist economy with socialist overtones. Too few a proportion of the means of production are held in State hands in Sweden to be described as socialist, in my view.
 
One company does not an economy make. Also, socialism, communism, the former allows private generation of wealth but demands a state controlled redistribution of it to ensure equality of opportunity and eradication of classes, the latter is a corruption that seeks a return to the fuedal system by delivering all assets into state hands. We could have a long discussion on this one :)
I disagree (not about the long discussion). What about Clause IV, or the Swedish equivalent?
 
Clearly because I disageee about your analysis of Sweden as a socialist country. It is a capitalist economy with socialist overtones. Too few a proportion of the means of production are held in State hands in Sweden to be described as socialist, in my view.

Massuve socialist undertones that the foundations of the country have been built upon. Its a very fine balance between the 2 but with a Socialist party running the country it is very hard to call it capatilist
 
Massuve socialist undertones that the foundations of the country have been built upon. Its a very fine balance between the 2 but with a Socialist party running the country it is very hard to call it capatilist
I’d genuinely be interested to see what percentage of the Swedish ecomony is the public sector. Might resolve this debate (or not!)

Edit: it’s here.

https://www.heritage.org/index/country/sweden#government-size

About 50%. Not much higher than ours. I’m still saying not.
 
Ok, no interest there, Chavez had the place working well though before multiple trade embargoes. Too big a power struggle after him which led to politics taking over from economics unfortunately but at the end of the day his model did work, far better than most left wing systems.

By the way he's too far left for me personally, more of a James Connolly man myself.
Nationalising oil company assets without compensation usually ends that way.
 
I disagree (not about the long discussion). What about Clause IV, or the Swedish equivalent?
Only works if it's done through taxation mate, you're confusing socialism and communism again. Even Marx only wanted fair remuneration for the workers that generated the wealth. Communism is nothing but the feudal system under a different name.

What is the Swedish equivalent?
 

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