Current Events > What life is like in socialist Venezuela

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FLUFFYGERM
06/27/18 12:09:10 PM
#1:


https://www.nytimes.com/interactive/2018/06/27/world/americas/venezuela-money-how-to-survive.html

Rampant severe malnutrition in children, shortages of medication and tires and most basic necessities, completely worthless currency, stunted production in the industries where the workers seized the means of production, many people don't get to eat besides a single meal per day at the soup kitchen.

Hyper inflationary socialist policies have tanked the currency's value to an absurd degree.
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#2
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HylianFox
06/27/18 12:13:12 PM
#3:


https://www.youtube.com/watch?v=PJY2S_brQbQ" data-time="

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Anarchy_Juiblex
06/27/18 12:13:27 PM
#4:


Isolated socialist failure 1012.
Surely the next time we try it . . .
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VectorChaos
06/27/18 12:21:20 PM
#5:


inb4 averagejoel insists all of Venezuela's problems were caused by America and not their thoroughly corrupt socialist leadership.
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Genocet_10-325
06/27/18 12:24:07 PM
#6:


Venezuela didn't go broke because of socialism, it went broke because oil prices crashed and their economy is almost completely dependant on oil
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FLUFFYGERM
06/27/18 12:25:21 PM
#7:


Genocet_10-325 posted...
Venezuela didn't go broke because of socialism, it went broke because oil prices crashed and their economy is almost completely dependant on oil


it has a long history of enacting socialist policies and grinding to inevitable collapse. but i wouldnt expect you to be honest about that.
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DifferentialEquation
06/27/18 12:25:22 PM
#8:


Fluffy, I think you're being a bit harsh. Sure everyone may live in squalor, but it's equal and fair because everyone lives in squalor. Isn't that better than a system where some people are poor, some people are middle class, some people are rich, etc.?
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FLUFFYGERM
06/27/18 12:25:59 PM
#9:


DifferentialEquation posted...
Fluffy, I think you're being a bit harsh. Sure everyone may live in squalor, but it's equal and fair because everyone lives in squalor. Isn't that better than a system where some people are poor, some people are middle class, some people are rich, etc.?


You're right, now no one is being exploited for profit.
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HylianFox
06/27/18 12:26:42 PM
#10:


Genocet_10-325 posted...
Venezuela didn't go broke because of socialism, it went broke because oil prices crashed and their economy is almost completely dependant on oil

Also didn't help that the oil companies owned pretty much everything (schools, housing, stores) and then went under
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HylianFox
06/27/18 12:27:30 PM
#11:


It's more of a warning against monopolies than socialism
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Anarchy_Juiblex
06/27/18 12:28:19 PM
#12:


Genocet_10-325 posted...
Venezuela didn't go broke because of socialism, it went broke because oil prices crashed and their economy is almost completely dependant on oil


Their economy wouldn't be so dependent on oil prices if they weren't socialist . . .
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Fluttershy462
06/27/18 12:29:04 PM
#13:


I still dont get why some people want socialism so badly.
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Anarchy_Juiblex
06/27/18 12:29:51 PM
#14:


HylianFox posted...
It's more of a warning against monopolies than socialism


Socialism is the ultimate monopoly . . .

Jesus fucking Christ people.
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J E S U S
06/27/18 12:30:31 PM
#15:


If you have no drive to better yourself. Socialism is appealing
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gmanthebest
06/27/18 12:31:39 PM
#16:


It wasn't REAL socialism though.

/s
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#18
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FLUFFYGERM
06/27/18 12:41:04 PM
#19:


Simple Google search:

After Hugo Chvez officially took office in February 1999, several policy changes involving the country's oil industry were made to explicitly tie it to the state under his Bolivarian Revolution. Since then, PDVSA has not demonstrated any capability to bring new oil fields onstream since nationalizing heavy oil projects in the Orinoco Petroleum Belt formerly operated by international oil companies ExxonMobil, ConocoPhillips, Chevron and Total. Chvezs policies damaged Venezuela's oil industry due to lack of investment, corruption and cash shortages.[27][28]

The Chvez government used PDVSA resources to fund social programmes, treating it like a "piggybank",[29] and PDVSA staff were required to support Chvez. His social policies resulted in overspending[26][30][31] that caused shortages in Venezuela and allowed the inflation rate to grow to one of the highest rates in the world.[32][33][34]

According to Corrales and Penfold, "Chvez was not the first president in Venezuelan history to be mesmerized by the promise of oil, but he was the one who allowed the sector to decline the most", with most statistics showing deterioration of the industry since the beginning of his presidency.[35]

Chvez's successor, Nicols Maduro, continued much of the policies created by Chvez, with Venezuela further deteriorating as a result of continuing such policies.[26][30][31][36]

End Google search. Note that this is just one example of the socialists seizing an entire industry in Venezuela and then collapsing it.
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treewojima
06/27/18 12:44:10 PM
#20:


what a surprise, a state put all its eggs in one basket and then violently repressed anyone who suggested it was a bad idea, all while the leaders were getting rich

what a fucking surprise that it failed
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MrMegaMawile
06/27/18 12:45:04 PM
#21:


socialism has nothing to do with socialism
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FLUFFYGERM
06/27/18 12:53:29 PM
#22:


This isn't an example of poor diversification.

It's an example of what socialism does. Communists literally tank economies. The same thing would happen in America and every other country.
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#23
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Verdekal
06/27/18 12:59:20 PM
#24:


Maybe they should call it ANTI-socialism!?

Huh?

HUH??
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HypnoCoosh
06/27/18 1:00:14 PM
#25:


Venezuela is so broke right now
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Questionmarktarius
06/27/18 1:06:20 PM
#26:


Is there a version of this "article" that isn't an overcooked slideshow?
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FLUFFYGERM
06/27/18 1:10:20 PM
#27:


Godnorgosh posted...
Rich country featuring class stratification, private enterprise, currency and a central banking system = A shining example of the successes of capitalism

Poor country featuring class stratification, private enterprise, currency and a central banking system = Socialism!


Capitalist countries don't nationalize entire industries and seize private property / private companies to give to the workers. Venezuela has been a socialist country for a long time. Run by socialists who openly stated their adherence to socialist visions and goals. And they actively implemented the same policies you openly wish we would implement here. IE seize the means of production, give workers total control, nationalize entire industries, heavily fund social programs with all of the profit, oppose capital and private property as concepts, etc.

It is in no way a capitalist country. If it was it wouldn't have run into these issues.
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FLUFFYGERM
06/27/18 1:10:45 PM
#28:


Questionmarktarius posted...
Is there a version of this "article" that isn't an overcooked slideshow?


Not as far as I can tell :( But there've been other news sources that wrote articles on the same stuff in the last few months.
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AlephZero
06/27/18 1:11:46 PM
#29:


These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes are actually more equal today than they are in the land of Horatio Alger.

- Bernie "Sandman" Sanders
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DarthAragorn
06/27/18 1:11:55 PM
#30:


Not real socialism!
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FLUFFYGERM
06/27/18 1:15:51 PM
#31:


AlephZero posted...
These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes are actually more equal today than they are in the land of Horatio Alger.

- Bernie "Sandman" Sanders


I'd pay big money to hear Sanders blubber up an explanation on what happened lmao
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Romes187
06/27/18 1:23:15 PM
#32:


MrMegaMawile posted...
socialism has nothing to do with socialism


<3
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Anarchy_Juiblex
06/27/18 1:25:11 PM
#33:


AlephZero posted...
These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes are actually more equal today than they are in the land of Horatio Alger.

- Bernie "Sandman" Sanders


Bernie has some good ideas, like taxing high frequency trading but then he has to go and say shit like that . . .
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FLUFFYGERM
06/27/18 1:27:08 PM
#34:


Anarchy_Juiblex posted...
AlephZero posted...
These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes are actually more equal today than they are in the land of Horatio Alger.

- Bernie "Sandman" Sanders


Bernie has some good ideas, like taxing high frequency trading but then he has to go and say shit like that . . .


a broken clock is right twice a day
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#35
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FLUFFYGERM
06/27/18 1:40:22 PM
#36:


Godnorgosh posted...
FLUFFYGERM posted...
Capitalist countries don't nationalize entire industries and seize private property / private companies to give to the workers.


Which is exactly what Venezuela did not do. The state seized the means of production without worker control ever becoming part of the equation.


demonstrably wrong. go read the earlier posts and look at the link i shared.

you're really dishonest. stop ignoring without conceding the points you know you cant refute btw
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#37
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Tyranthraxus
06/27/18 1:57:16 PM
#38:


FLUFFYGERM posted...
This isn't an example of poor diversification.

It's an example of what socialism does. Communists literally tank economies. The same thing would happen in America and every other country.

Venezuela put all the eggs in one basket and then the basket broke. That's not a socialist problem, that's a he was fucking stupid problem.

America went through something similar with the subprime lending problem and it was solved by enacting a socialized program.
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Giant_Aspirin
06/27/18 1:58:19 PM
#39:


are these issues inherent to Socialism itself, or just this implementation of it? ie could these woes be explained by corruption? do you think this one example is definitive proof that any and all Socialist implementations will have the same result?
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MrMegaMawile
06/27/18 2:00:03 PM
#40:


Anarchy_Juiblex posted...
AlephZero posted...
These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes are actually more equal today than they are in the land of Horatio Alger.

- Bernie "Sandman" Sanders


Bernie has some good ideas, like taxing high frequency trading but then he has to go and say shit like that . . .

exactly, i'm all for social democracy as it's practiced in countries like norway, but this goes way too fucking far

this guy doesn't know when to keep his fucking mouth shut, he won't be winning elections like this
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CyricZ
06/27/18 2:01:09 PM
#41:


HylianFox posted...
https://www.youtube.com/watch?v=PJY2S_brQbQ" data-time="

Aloha!

Also...

https://www.youtube.com/watch?v=IYfgvS0FA7U" data-time="


But that video is not for you, because you'll never watch it. It's for folks who like some good comedy wrapped about a presentation concerning a specific problem.
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#42
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Webmaster4531
06/27/18 2:03:50 PM
#43:


Well it's definitely worse than Libertarian Mexico. Still neither economic policy works.
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treewojima
06/28/18 5:30:23 AM
#44:


A lot of oil-rich nations have nationalized oil industries. Saudi Arabia in particular comes to mind.

Does anyone in Venezuela even have a say over how the government operates, or is it just another typical authoritarian populist state?
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kayoticdreamz
06/28/18 5:35:57 AM
#45:


of course half this board is defending this as not a failed socialist state.
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treewojima
06/28/18 6:08:03 AM
#46:


kayoticdreamz posted...
of course half this board is defending this as not a failed socialist state.


If the people don't own the state or the means of production, can it really be considered socialist? It's like putting lipstick on a pig; you may as well take advice from Kim Jong Un on how to run a "democratic people's republic." Chavez, Maduro and his ilk are just populist authoritarian shitheads. Call me when their political opponents stop mysteriously disappearing.
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KobeSystem
06/28/18 7:10:37 AM
#47:


treewojima posted...
kayoticdreamz posted...
of course half this board is defending this as not a failed socialist state.


If the people don't own the state or the means of production, can it really be considered socialist? It's like putting lipstick on a pig; you may as well take advice from Kim Jong Un on how to run a "democratic people's republic." Chavez, Maduro and his ilk are just populist authoritarian shitheads. Call me when their political opponents stop mysteriously disappearing.


Im drunk but even I can see that. But maybe thats why socialism sucks. Cuz people suck and will abuse their power? It always seems to devolve in authoritarianism. Maybe if we were a hive mind then socialism would work
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kayoticdreamz
06/28/18 8:06:25 AM
#48:


KobeSystem posted...
treewojima posted...
kayoticdreamz posted...
of course half this board is defending this as not a failed socialist state.


If the people don't own the state or the means of production, can it really be considered socialist? It's like putting lipstick on a pig; you may as well take advice from Kim Jong Un on how to run a "democratic people's republic." Chavez, Maduro and his ilk are just populist authoritarian shitheads. Call me when their political opponents stop mysteriously disappearing.


Im drunk but even I can see that. But maybe thats why socialism sucks. Cuz people suck and will abuse their power? It always seems to devolve in authoritarianism. Maybe if we were a hive mind then socialism would work


this

in all our socialist states that go on long enough in the past 100 years, they all devolve into this. socialism is authoritarian. and it's not even just having an authoritarian leader, its the dictators that have killed many millions in the past 100 years yet socialist keep saying "if only we can do it the right way then that won't happen"

like how many more "right ways" do you liberals need? and how many more millions must die in the name of socialism before we see it is pure shit?
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HagenEx
06/28/18 8:11:16 AM
#49:


So many clueless people ITT. I won't even bother (I live in Venezuela).
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Questionmarktarius
06/28/18 9:47:34 AM
#50:


KobeSystem posted...
Im drunk but even I can see that. But maybe thats why socialism sucks. Cuz people suck and will abuse their power? It always seems to devolve in authoritarianism. Maybe if we were a hive mind then socialism would work

Every form of government eventually decays back to feudalism.
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