Venezuela economy

[gordondaviesmoustache]

It's a dieresis not an umlaut :-)

You are a shoe-in for pedant of the year.

 

[gordondaviesmoustache]

Another inherent flaw with socialism is human nature. Human beings are far too selfish and egotistical for that economic system to ever flourish, long term. We’re not ants. Ambitious people are empire builders, and will use whatever political system they are subject to as a vehicle for that.

 

[Andy Dale]

You are a shoe-in for pedant of the year.

Not even sure that these words are allowed in Scrabble.

 

[gordondaviesmoustache]

Not even sure that these words are allowed in Scrabble.

I am truly terrible at Scrabble, as I am with anagrams. My vocabulary is extensive, exceptionally so, but my brain is not wired to abstractly deal with its building blocks. There are certain tasks that my brain is manifestly poorly equipped for.

 

[Ricster]

How much of this ‘disaster’ is due to economic sanctions placed by both the EU (supported by the U.K.) and the US?

Nobody willing to talk about the whole story. Only the part that helps their agenda

 

[I'm With Stupid]

You have to love this place when posters bemoaning Brexit and the economic disaster they tell us it will be are then defending socialist economies like Venezuela’s lol.

I think the problem is that the opponents of socialism (particularly in America, it has to be said) love to point to the likes of Venezuela as the inevitable endpoint of adopting even the most tenuous socialist principles, such as government funded healthcare or welfare for poor families. The reality is that there is not a single major political party in the developed world (that I know of, at least) that seriously campaigns for nationalised means of production where things like food, cars and clothes are produced by the state and private companies are kicked out of vast swathes of the economy. There might be areas, like trains, prisons or healthcare (particularly areas that rely on government subsidy even when privatised anyway), where people believe that the government is in the best position to provide the service effectively. However, you do find the opposite. People who believe that in all sectors and in all situations, private companies will always be the most effective, efficient solution. While this might be true in sectors where people have a genuine choice, it the murky world of government contracts, it often isn't, particularly when the profit motive interferes with providing an effective service (like in privately run US prisons, for example, where there is a clear incentive to not rehabilitate). If you want to use the traditional definition, then I'd agree that Venezuela is to some extent the inevitable result of full-blown traditional socialism, but certainly not what we know as socialism in the West today, which is government programmes that coexist with and aim to prevent or reduce the negative effects of capitalism.

 

[gordondaviesmoustache]

I think the problem is that the opponents of socialism (particularly in America, it has to be said) love to point to the likes of Venezuela as the inevitable endpoint of adopting even the most tenuous socialist principles, such as government funded healthcare or welfare for poor families. The reality is that there is not a single major political party in the developed world (that I know of, at least) that seriously campaigns for nationalised means of production where things like food, cars and clothes are produced by the state and private companies are kicked out of vast swathes of the economy. There might be areas, like trains, prisons or healthcare (particularly areas that rely on government subsidy even when privatised anyway), where people believe that the government is in the best position to provide the service effectively. However, you do find the opposite. People who believe that in all sectors and in all situations, private companies will always be the most effective, efficient solution. While this might be true in sectors where people have a genuine choice, it the murky world of government contracts, it often isn't, particularly when the profit motive interferes with providing an effective service (like in privately run US prisons, for example, where there is a clear incentive to not rehabilitate). If you want to use the traditional definition, then I'd agree that Venezuela is to some extent the inevitable result of full-blown traditional socialism, but certainly not what we know as socialism in the West today, which is government programmes that coexist with and aim to prevent or reduce the negative effects of capitalism.

Very well observed post.

 

[Andy Dale]

Nobody willing to talk about the whole story. Only the part that helps their agenda

Still don't get why you are so upset about Venezuela.
I asked before if you have interests
there.
No reply.
Are you just some sort of left wing warrior that defends left wing subjects that you are in real life totally ignorant about ?

 

[Andy Dale]

Nobody willing to talk about the whole story. Only the part that helps their agenda

Thankyou for the polite PM .
I think you'll should post it on here for all to read as I do believe that you are talking bollocks.
Regards.

 

[Ricster]

Thankyou for the polite PM .
I think you'll should post it on here for all to read as I do believe that you are talking bollocks.
Regards.

Lol. Already gave you the permission to post it if you felt it was needed which your reply obviously means its not.

Thanks for the not so polite reply