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Thread: Venezuela a failure of CAPITALISM.

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    Quote Originally Posted by Callinectes Ocasio-Cortez View Post
    1) You at LEAST examine the way capitalists deal with these things and maybe, just maybe, you ask for help. Especially if you are a bus driver from Caracas
    Ask for help? What does that entail? What "help" do you envision would be there? What does "help" look like?
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    Quote Originally Posted by Callinectes Ocasio-Cortez View Post
    2) You invite your russian buddies to land their intercontinental nuclear bombers in your country and visit for awhile, and when they leave, you call tehran and invite a few iranian naval vessels over
    ???? What? So in response to the drop of oil prices, you think Venezuela should have their allies send military vessels and planes to the country? How does that address the problem of declining revenues due to a declining price per barrel?
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    Quote Originally Posted by Callinectes Ocasio-Cortez View Post
    3) You decide this game is too rough, and you take your ball and go home
    You're a very immature person who doesn't grasp this subject because you don't understand it yourself.

    "Take your ball and go home"? What? What does that even mean? Who takes the ball? And whose home? What? Stop fucking up metaphors, you illiterate goober.
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    Quote Originally Posted by Callinectes Ocasio-Cortez View Post
    You know who else has a shit load of oil and a fucked up economy? Russia. You know, that place that was pretty much the birthplace of socialism? You know what country has a BIGGER, much more robust economy than russia? TEXAS! Oh, did I say "country"? My bad, Texas is a fucking STATE
    Texas faced similar problems as Venezuela did because Texas relies so heavily on fossil fuel revenues in lieu of taxation:

    Texas, Once a Star, Becomes a Drag on the U.S. Economy
    https://www.wsj.com/articles/texas-o...omy-1476264601

    So it's weird that you would be so in love with the ex-KGB agent who currently runs Russia as a fascist oligopoly.

    Russia is exactly what you want here; an oligarchical autocracy.

    That's what you want here.
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    Quote Originally Posted by Nordberg View Post
    Venezuela was vulnerable because it was so dependent on a single product, oil. The oil controlling countries could gut them any time they felt like it. Then they did. It actually had done a lot for the citizens ie in schools and infrastructure. They had spent money on the people. But if you are not super capitalistic, the wealthy will take you down. When oil dropped, the country suddenly suffered.
    So maybe going “super capitalistic” might have been a better option? This is one of the biggest problems with socialism. You turn over the means of production to the proletariat, run the bourgeoisie out of town on a rail, and you’re left with a bunch of happy, empowered nitwits who can’t find their asses with both hands and a flashlight. Industry NEEDS capital, like it or not, and these guys can’t capitalize lunch
    “The Communist party must control the guns.”
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    “Those who vote decide nothing. Those who count the vote decide everything.”-Generally attributed to Uncle Joe Stalin



    “Everything under heaven is in utter choas; the situation is excellent.”
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    Venezuela has a Socialist economy. Venezuela failed due to Socialism.

    Case closed. Ya esta.
    Last edited by Earl; 03-19-2019 at 10:15 AM.

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    Quote Originally Posted by LV426 View Post
    Texas faced similar problems as Venezuela did because Texas relies so heavily on fossil fuel revenues in lieu of taxation:

    Texas, Once a Star, Becomes a Drag on the U.S. Economy
    https://www.wsj.com/articles/texas-o...omy-1476264601

    So it's weird that you would be so in love with the ex-KGB agent who currently runs Russia as a fascist oligopoly.

    Russia is exactly what you want here; an oligarchical autocracy.

    That's what you want here.

    Yeah, I’ll never forget when oil prices plunged and Texas went commie...called ol’ vlad and said “come on down and let’s talk Russian air force bases! We’ll do shots of vodka and chase ‘em with cold Lone Stars! An’ you can ride genuine Texas broncos without a shirt on!”
    “The Communist party must control the guns.”
    ― Mao Tse-tung



    “Those who vote decide nothing. Those who count the vote decide everything.”-Generally attributed to Uncle Joe Stalin



    “Everything under heaven is in utter choas; the situation is excellent.”
    ― mao tse-tung

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    Quote Originally Posted by LV426 View Post
    It's not socialism that led to the chaos in Venezuela, it's capitalism (as it always is).

    Venezuela's economy is reliant on fossil-fuel production. So when the price of oil is high, Venezuela enjoys a wave of revenues based off the global price per barrel of oil. But when the price of oil declines, the revenues based off that decline as well thus creating budget crunches. The same thing happened in Texas and Oklahoma back in 2016, when the price per barrel of oil dropped significantly.

    Now, Conservatives have taken to say if Venezuela merely used the revenues to further develop and expand oil production, they wouldn't face the problems they face today. But that is completely wrong because if Venezuela did that and increased production and expansion, that would only result in a further decline in the price per barrel because it would be increasing the supply of oil. So Venezuela can't merely drill their way out of the mess because doing so only further devalues the price of oil as they increase the supply.

    So as you see, this isn't a failure of socialism. It actually has nothing to do with socialism and everything to do with the global, capitalist cartels who set the price of oil and control the supply that fluctuates the price.
    so your assertion is that because of Venezuelas current state, socialism is the way to go?

    do you even read what you write
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    Quote Originally Posted by Getin the ring View Post
    so your assertion is that because of Venezuelas current state, socialism is the way to go?

    do you even read what you write
    Lol. So, the failure of socialism in Venezuela is prim-a-face evidence that socialism should continue in failed Venezuela. Send in the clowns...

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    Quote Originally Posted by Callinectes Ocasio-Cortez View Post
    Yeah, I’ll never forget when oil prices plunged and Texas went commie.
    Again, how did Venezuela "go commie" when the price of oil fell? Don't understand what you're talking about.
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    Quote Originally Posted by Callinectes Ocasio-Cortez View Post
    called ol’ vlad and said “come on down and let’s talk Russian air force bases! We’ll do shots of vodka and chase ‘em with cold Lone Stars! An’ you can ride genuine Texas broncos without a shirt on!”
    Well, you guys called over to Vlad in 2016 to lend his troll army for your support, so I'm not sure what you're trying to do here but it's not helping your case.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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    Quote Originally Posted by LV426 View Post
    Well, you guys called over to Vlad in 2016 to lend his troll army for your support, so I'm not sure what you're trying to do here but it's not helping your case.
    “The Communist party must control the guns.”
    ― Mao Tse-tung



    “Those who vote decide nothing. Those who count the vote decide everything.”-Generally attributed to Uncle Joe Stalin



    “Everything under heaven is in utter choas; the situation is excellent.”
    ― mao tse-tung

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    Quote Originally Posted by Callinectes Ocasio-Cortez View Post
    So maybe going “super capitalistic” might have been a better option? This is one of the biggest problems with socialism. You turn over the means of production to the proletariat, run the bourgeoisie out of town on a rail, and you’re left with a bunch of happy, empowered nitwits who can’t find their asses with both hands and a flashlight. Industry NEEDS capital, like it or not, and these guys can’t capitalize lunch
    All you are really talking about is where they chose to put their huge oil profits. They spent lots of it on the people and schools. However, when the oil price was killed, the profits were slashed and the promised programs were no longer reachable. They were selling oil across the globe. They were capitalistic about making money, just socialistic about where the profits were spent.

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    Quote Originally Posted by LV426 View Post
    ???? What? So in response to the drop of oil prices, you think Venezuela should have their allies send military vessels and planes to the country? How does that address the problem of declining revenues due to a declining price per barrel?
    Oh for pete’s sake! You said it yourself! Who did maduro ally himself with!
    Who did he call for help when the shit hit the fan!
    https://www.theguardian.com/world/20...bombers-maduro
    He went to Moscow, idiot! That’s the best place to go for advice when your oil revenues are declining, right?
    “The Communist party must control the guns.”
    ― Mao Tse-tung



    “Those who vote decide nothing. Those who count the vote decide everything.”-Generally attributed to Uncle Joe Stalin



    “Everything under heaven is in utter choas; the situation is excellent.”
    ― mao tse-tung

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    Quote Originally Posted by Nordberg View Post
    All you are really talking about is where they chose to put their huge oil profits. They spent lots of it on the people and schools. However, when the oil price was killed, the profits were slashed and the promised programs were no longer reachable. They were selling oil across the globe. They were capitalistic about making money, just socialistic about where the profits were spent.
    ^^^THIS^^^

    It doesn't matter where they chose to spend their oil revenues, and where they spent it has no effect on the global price per barrel.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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