VENEZUELA

It's socialism... They tried to tax and confiscate the assets of the wealthy to give free everything to everyone. Education, healthcare, welfare, mass infrastructure projects including a disastrous network of hydroelectric dams which failed to power the country

Many fled the country with what money they had and even if that weren't the case there wasn't enough wealth at the top to support all the spending on social programs. So they started minting money on mass. Hyperinflation occurred and they had to bring in price and capital controls. A country with worthless money and no hard currency can't import anything food, medicine, machinery. So there are shortages and riots and martial law.

It's 100% uncontrolled socialism.

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youtu.be/nDid59Ze9U0
americasquarterly.org/content/venezuela-chávez-anatomy-economic-collapse-ricardo-hausmann-and-francisco-r-rodríguez
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>They tried to tax and confiscate the assets of the wealthy to give free everything to everyone.
>tried
>It's 100% socialism

really makes you think

Its not real socialism. Real socialism has never been tried. The problem with Venezuelan socialism is human corruption.

That's what happens when your entire governmental policy is powered by wishful thinking.

Capitalism is unequal rewards
Socialism is shared sufferings

>Real socialism has never been tried.

WTF constitutes trying then?

...

Yeah, definitely has nothing to do with Latinos being shit-tier at everything and just wanting gibs but not giving back to society unless at the point of gun

hur dur im a jewish shill

Look up Petrocaribe, see how the CIA like it when a nation other than themselves or the Saudis start selling cheap oil.

Chavez has been set upon from all sides by jew agents.

How can you be all redpilled about Assad but not Chavez? You are a CIA shill at this point

Is he getting ready to throw a pebble? Idiots can't even riot properly.

>much oil resource
>shit country
cannot understand

>much oil
>shit people
>greedy leaders
>drugs

it's almost like race means something

lmao!

"this will stick to the government. Attack pebble incoming!"

>you

I see, thanks

youtu.be/nDid59Ze9U0

Most welcome, nihonbro

Socialism always suffers from corruption, because a free press is an early causality.

Hugo Chavez's daughter is worth $4+ billion (USD). Fat Boy Maduro is also filling his suitcases with whatever he can find before the music stops.

Everyone else in the continent it's just as brown and the same shit doesn't happens.

You know where it happens? in countries that challenge the petro-dollar and the central banks.

pretty goddamn smart for those fat ass mongoloid looking mexican niggers

Far-right capitalist-fascists destroying yet another prosperous country. Shocking.

This it's unapologetic leftism, but truth is, that venezuela was doing just fine until Chavez called Bush a sulfur smelling demon.

Just as brown, kinda. You don't see this shit in Argentina or Chile. Just in the north half, where they're the wrong kinda brown people. Also, thanks for Pinochet.

>tfw a leftist was right about something

They did fine because there was too much money to even fuck up Socialism. That's why everything was fine at first. Once a few things turn south, they all grab what they can and fuck right off, causing the whole system to implode. Like it does, every time.

>The problem with socialism is human corruption
Somehow socialists can't get their head around it

nice quads

Mexican niggers?

Mexicans and niggers don't get along.

Mexicans hate niggers because they fuck everything up with stupid crimes and generally being lazy.

Niggers hate Mexicans because they "took all the jobs" and because they can read.

Shut the fuck up motherfucker

why didn't he have some spooks of his own engage enemy agents, USSR could do it, almost every country have something, except the most shit tier of countries, which i suspect this was, already using past terms because this country will fall.

Low-IQ, uneducated plebs yell at "socialism" or "neoliberalism" to explain the economical collapse of Venezuela in the 90s leading to Chavez and the current crisis. Truth is much more complicated than that but only educated academics can understand that, not armchair Sup Forumsitical scientist.
americasquarterly.org/content/venezuela-chávez-anatomy-economic-collapse-ricardo-hausmann-and-francisco-r-rodríguez