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Thread: Venezuela a failure of CAPITALISM.

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    The socialist society used capitalism to prop itself up but the socialists still think capitalism is bad! LOL so stupid it makes you shake your head and check to see if you read it right. LOL

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    Quote Originally Posted by noise View Post
    it's a failure of state socialism- way heavily reliant on oil revenues to fund their massive socialism.
    They drained ALL the revenues, instead of reinvesting like normal oil companies world wide do
    Can they explain the alternative funding methods in non-capitalist world? LOL would love to hear that!

    Long story short: Do this menial job for the good of society or society will deem you expendable. Does it ever have any other ending with socialism?

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    Quote Originally Posted by LV426 View Post
    We wouldn't have the oil industry we have today if not because of capitalism.

    If we didn't have capitalism, we would have transitioned out of fossil fuels in the 1970's when Exxon found out that they were causing climate change.




    You of all people don't get to decide when a premise is "a failure".
    Oh it’s a failure alright. In fact it’s demonstratably laughable. And I am laughing at you kid.

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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.
    Another massive pile of stupid. The loss of oil revenue did not create a shortage of food. The loss of oil revenue did not cause the shortage in toilet paper.

    In fact, the price controls, private property confiscation and attacks on capitalism which chased the producers away are what caused the massive economic disaster we are currently seeing in Venezuela.

    All the things liberals want to implement here, were done there. The result is predictable. Socialism is a failure everywhere it has been attempted.

    I do wish you had a brain; but then, you wouldn't be the mentally challenged lying leftist dumb fuck we know you to be.
    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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    Quote Originally Posted by tinfoil View Post
    Can they explain the alternative funding methods in non-capitalist world? LOL would love to hear that!

    Long story short: Do this menial job for the good of society or society will deem you expendable. Does it ever have any other ending with socialism?
    honestly I've given up on "what they think" -much less getting any coherent explanations..

    Capitalism directs money by needs. Investment/ buying and selling. it's the so called "invisible hand" because it doesn't require directives -it functions by itself because it matches the way humans naturally run their economies

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    Quote Originally Posted by LV426 View Post
    You're a fucking moron whose judgment is so poor, you got conned into voting for a reality TV show host.
    Irony from a moron claiming that the drop in oil prices caused the massive inflation and shortages caused by Chavez's Marxist Socialism.
    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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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.
    Up is down....north is south, and black is white. Sure....people all over TEXAS in 2016 were starving and suffering from ROLLING BLACKOUTS because the price of oil dropped......but OBAMA CARE came to the rescue...right..err...LEFT? Truth? Venezuela has 20% of the entire globes OIL RESERVES. The problem is not a product to sell and service....the problem is as always with SCOCIALIZATION....THE STATE took control of all industry, banks, property etc...…..and despite owning the same % of oil reserves as some middle eastern nations....The communist government in Venezuela bankrupted the nation because of a corrupt Totalitarian Regime.

    COMMUNISM has mismanaged the people's wealth into nothingness. Just like the socialists in the US are responsible for a 20 trillion dollar credit card bill paying for the waste that is socialism.
    Last edited by Ralph; 03-15-2019 at 04:46 PM.

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    Quote Originally Posted by Cypress View Post
    Nations of the world would do well to consider the Norwegian model.
    Another asinine statement. Norway has a very tiny homogeneous population in a vast country of natural resources.

    Tell me something asshat; if it is so great in Norway, why aren't people beating down their doors to get in like they are in the US?
    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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    Quote Originally Posted by Mr.Badguy View Post
    Maduro is a piece of shit no doubt, but to think Venezuela is where it is now "because socialism" is not only an oversimplification, it's just plain wrong.
    Venezuela implemented every program Progressive Marxist socialists love here snowflake. To suggest that Socialism didn't lead to the disaster that is now Venezuela is to be a clueless low IQ moron, OR, a liar.
    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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    I asked a russian kid in 2001 who had come over for the summer to work as a counselor at a summer camp in litchfield ct connecticut and was also working at my brother's small restaurant: what is socialism really like?

    I had so many questions for him. I asked who gets the best jobs? The easy jobs? Like an actor, or TV news person, and who gets the shitty jobs like cleaning sewers, digging ditches, etc... and I asked who decides who gets what job and does anyone feel like they got an unfair deal. He was dumbfounded. He'd never even thought about it. His response was that nobody cared and everyone felt they were part of something bigger. LOL I totally laughed and asked him why he would fly all the way the the US to work the summer at the rich kid camp in one of the wealthiest areas in the capitalist world, and he had to admit it was the money. LOL

    socialism is an ideal, not a reality. The closest thing to socialism is slavery

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    Quote Originally Posted by LV426 View Post
    I'm not projecting the self-contradictory positions, you shitheads are.
    This is what happens when Liberal dumb fucks get caught in their lying, they get triggered and lash out.
    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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    Quote Originally Posted by Earl View Post
    Socialism failed to feed its citizens in Venezuela. Socialism has failed all over the world.


    Mao's collectives were socialism. Mao created a lot more problems like killing the intellectuals
    and the Cultural revolution. But his economic model was socialism..

    China would still be the "sick man of Asia" - but Deng Xiaoping came along and rejected all that
    and returned China back to it's historical capitalism..

    Thats an important lesson there; but today's young socialist have no historical perspective to see it
    and i don't think they even want to

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    Quote Originally Posted by anatta View Post
    Mao's collectives were socialism. Mao created a lot more problems like killing the intellectuals
    and the Cultural revolution. But his economic model was socialism..

    China would still be the "sick man of Asia" - but Deng Xiaoping came along and rejected all that
    and returned China back to it's historical capitalism..

    Thats an important lesson there; but today's young socialist have no historical perspective to see it
    and i don't think they even want to
    Is it all stick and no carrot? Capitalism is more carrot, than stick. Libertarianism would be all carrot. How much carrot is the sweet spot for socialism?

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    Quote Originally Posted by anatta View Post
    Mao's collectives were socialism. Mao created a lot more problems like killing the intellectuals
    and the Cultural revolution. But his economic model was socialism..
    the US' economic model is socialism stupid

    you never heard of farm subsidies, SS, Medicare, the VA, Medicaid etc?

    really?

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