So did venezula collapse because of socialism or them being dumbass only having oil as a main source of capital?
VENEZULA HOW DID IT COLLAPSE
Adam Campbell
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Isaac Cook
One implies the other
Ethan Lewis
It's a mystery. We won't be able to tell for hundreds of years. Marx was a pretty smart guy.
Brandon Brown
Fuck them.
Brody Moore
How so?
Jose Adams
Cia ruined them
Ryder Foster
Corrupt Government.
But, that goes hand-in-hand with socialism so I guess that's the cause.
John Edwards
Socialism.
Many nations in the middle east spent decades with oil as main source of capital, but didn't pursue socialist economics and social policy. They thrive, Venezuela did not.
Hunter Cooper
the cia infiltrated because they are scared of true communism
Chase Walker
It's socialism. At this point, the problem isn't the low oil price, it's because production has been so badly managed output is collapsing.
Christopher Sanders
When oil has made a handful of nations incredibly rich and powerful but gommies couldnt figure that one out
Evan Long
Oil revenue possibilitates all the welfare, subsidies and bloated state. The state controls the economy, and has no reason to develop it if it can sustain itself through oil exports alone.
Kayden Hall
communism wasnt tried again. many such cases.
Alexander Martin
Socialism. They could have used all that oil money to diversify their industry and ensure they don't get fucked over if the price dips.
Instead they spent it all on gibs which has 0 return.
William Jackson
This photo is misleading. It's actually a Venezuelan supermarket demonstrating against nationalism by showing how few goods would be left if they removed all foreign brands.
Caleb Adams
America boycotting the country and stopping trade, essentially cutting it off from the rest of the world. Another example of crony American capitalism.
Mason Scott
youtube.com
turn on the auto translation, it is fairly accurate.
Evan Sanchez
Socialism.
After all, why hasn't Qatar gone down if being dependant on oil alone is bad?
Lincoln Allen
But it wasn't real socialism
Cooper Nelson
even the dumbest populations have smart individuals.
Socialism prevents meritocracy to take place, therefore prevents smart individuals to thrive and change society for the better.
The dumbest a population is the more likely they are to implement full blown socialism and also the more dramatic the consequences are.
Socialism is a trap with double dipping mechanics: the dumber you are the worse it's going to be if you use it but also you are more attracted to it.
David James
This.
The problem is that gibs are running costs you cannot just slash when you have a bad year. For stuff like the repairs of infrastructure it's not that much of a problem, you can slow it down a bit and keep them in an "acceptable" condition rather than a good one and they'll still do their job.
But you cannot tell your leeches that they won't get any food anymore.
It's the same shit that kills companies, and why their first action for lowering expenses is always downsizing the workforce.
Ian Torres
Its not free to extract and process oil, socialism or no socialism, they can't extract and process their oil at these prices. Saudi arabia got cleaner oil with less impurities so it kinda works for them.
Fracking and oil sand is a joke and where not even profitable before the oil glut. It was made possible by cheap credit (low interest rates) and people speculating for a quick buck.
>So did venezula collapse because of socialism or them being dumbass only having oil as a main source of capital?
Both
Jace Hall
I think commies will call it "State Capitalism", or some shit.
Literally, real " Communism" is: stateless, classless and money...
AKA: impossible, until a 100 years from now after the singularity
Jacob Reed
>After all, why hasn't Qatar gone down if being dependant on oil alone is bad?
Because their oil can be extracted and processed with a profit at these prices. The arabs are sitting on the best oil in the world.
Ayden Brooks
>Venezuela
>96% roman catholic
>100% marxist
There's only so much cancer one group of people can stand.
Julian Powell
venezuela is having problems because of diversity...the mestizos recently--in the last decade or so--became a majority when combined with the indios...and so now the whites are no longer in control...whites no longer being in control is the problem...not socialism or anything else...
Jeremiah Parker
Yes they're not democracies which can lead to unsustainable socialist policies. However there is more at play here, Venezuela has had a very large amount of poor immigrants in the last century, from other south-american countries, and furthermore Latin-America is a corrupt hell-hole.
Cameron Rodriguez
Low iq
Ayden Hernandez
Lol, the fuck kind of broken analogy is that. It'd make a lot more sense if they replaced all the products with giant donation jars that go to those countries for nothing in return. They should've at least done it right if they're going to make the stock bois do all that needless work
Bentley Baker
worked for saudi arabia
Anthony Ward
How about an absolute dumbass as a president who believes socialist bullshit in spite of the hard economic facts and who implements unsustainable economic policies like subsidized stuff and guaranteed wages for people that aren't nearly productive enough to make up for what they earn?
Any bets on whether he gets out of this alive, or is shot by an assassin / a military junta who takes ove?
William Cook
Picture of one empty shelf. I'm utterly convinced now that everyone in Venezula is utterly poor.
Oh wait, I recall a picture like this supposedly from Crimea after it voted to rejoin Russia.
Connor Edwards
>Socialism prevents meritocracy to take place
THIS
Socialist organizations are all about cutting down the tall poppies. They don't want anyone making them look stupid and lazy so they push them out.
Zachary Russell
>unsustainable socialist policies.
Funny thing is oil arabs have more socialist policies than any commie country can dream off.
Thomas Parker
>Many nations in the middle east spent decades with oil as main source of capital, but didn't pursue socialist economics and social policy.
Can't tell if trolling or paki
Kayden Nelson
>they thrive
Yeah, for those who own the oil deposits.
I would rather live in current Venezuela than any of those countries.
Hunter Brown
They pursued socialist welfare but not socialist economics. One is spending wealth and the another is meddling with how wealth is made.
Nicholas Gutierrez
>Be random communist shithole. Lets call it Venezuela
>Somehow be lucky you got lots and lots of oil
>Don't have tech because see above
>fuckit.png
>Buy tech from capitalistic pics
>Drill 4 oil
>feelsgoodman.mp3
>Murica discovers a new method to get oil from fracking
>Hmmm k
>Saudi and other OPEC counties tank the price to push them out of business
>Prices for your product go down. Prices for tech stay the same.
>Loose lots of money.
>Can't do shit against it
>People get angry at you
>Have civil unrest
>Go down the shitter like every other communist shithole before you.
>Blame capitalists
>Say real communism has never been tried
>repeat for lulz
Christian Price
The Mexicans don't have a sealed southern border for no reason at all. That's saying something, considering themselves. Central & Southern America are straight garbage, no discussion.
Caleb James
>>Prices for your product go down. Prices for tech stay the same.
Yep.
Venezuela being a socialist shithole in a part of the world that is notorious for socialist takeover and nationalization of foreign capital is not really making it easy for foreign oil companies to expand their business in that country or finding investors that are willing to invest there.
Socialism > higher risk > fewer investors and/or investors that want more in return for investing > stranglehold on industry. If they where like Chile its entirely possible that some big oil company would be willing to invest there and make it possible to extract oil at a profit again. Even Nigeria is better because there you can at least buy the local politicians by throwing expensive consumer goods at them or play them of against each other.
Isaiah Hughes
the money ran out. It happens in every socialist country.
The money will run out in the usa as well, if we keep this up.
One cannot loot and distribute ones way out of a problem. We must work and produce our way out of problems.
Parker Ward
brekek
Henry Watson
the ENTIRE reliance on oil was the issue
the government socialist or otherwise, did not invest in farming and then middle production of those goods.
Instead relying on oil exports to prop up the government, which inturn propped up their dollar.
Oil fell, dollar falls, stores cannot afford to buy imported food
Since they didn't concentrate on making food within the country.
Bingo bango. Venezula
Aaron Lee
top down management can't organize the individual needs of everyone
too much restriction on individual decision making and limiting or prohibiting resources
everyone people catch a break to find solutions, the government "cracks down" on it
Angel Reed
>or them being dumbass only having
no, it's just "them being dumbass" in a broad, general way
Ryan Turner
Based Hugo Chavez got assassinated. That's how.
Ayden Sanchez
Overreliance on oil combined with wasteful spending on things like military. Also unchecked populism and corruption. These are by no means unique to socialism or left wing ideas, despite what PragerU and Steven Crowder want you to believe.
Asher Cruz
Cuba is communist but is at the middle of corruption rankings in Latin America last time I checked.
Dominic Williams
Venezuela doesn't have the political clout in OPEC that somewhere like Saudi Arabia does.
Asher Harris
people that owned the oil companies decided they dont give af about its citizens
Jeremiah Kelly
...
Colton Gonzalez
Why did the Soviet Union have so many scientists, researchers, and innovation? Why is Cuba, a poor island country, known for making new medical innovations and sending physicians to work all over the world?
Justin Watson
didn't the media practically hailed Hugo Chávez to be some second coming of Jesus Christ? He did criticize Bush and was the punching bag of the left then.
I seem to remember people in Venezula crying tears of utter joy over him a decade ago. I even remember Sup Forums or /news/ sucking the guy's cock for taking hold of oil production and making Venezuela Great Again.
Isaac Hall
I don't know, but remember, communism has never been tried, so it wasn't that...
Isaiah Jones
>So did venezula collapse because of socialism or them being dumbass only having oil as a main source of capital?
Wow,Venezuela is so socialist that 70% of it's economy is privately owned!But muuuh socialism.
The Venezuela argument is stupid for two reasons. The reason the economy collapsed is because of the US and Saudi Arabia's joint action to flood the market with cheap oil.
en.wikipedia.org
Brocialist Party of America
ned.org
Endowment for demoacy is a CIA controlled organization and as you can see it has given millions to opposition in Venezuela
230,000$ for 'independent media' except that media only relies on American money LMFAO
2) Venezuela's economic troubles have very little to do with socialism. It's roots can be traced to the Venezuelan banking crisis of 1994 under then president Rafael Caldera, when 17 out of Venezuela's 49 commercial banks failed and had to be taken over by the government (sound familiar?). The crisis happened because oil (which Venezuela kinda lives & dies by) prices fell. Up to 31% of Venezuela's GDP was spent on the bailout, & the economy got completely fucked because of it. Venezuela's socialist policies came later under president Hugo Chavez to help combat this, but by then there was only so much that could be done. Here's a contemporary article:
nytimes.com
Nolan Rogers
Archived that for you
>nytimes com/1994/05/16/us/failure-of-high-flying-banks-shakes-venezuelan-economy.html?pagewanted=all
archive.is
Brayden Hernandez
thank you based dane.
Lincoln Bennett
Many nations like Libya, Syria, Egypt, Tunisia, Lebanon, Saudi Arabia, Yemen ... that were all socialist baathist countries ?
90% of those countries thrived under socialism and only collapsed when U.S started pushing democracy bullshit
Educate your self European burger
Thomas Gomez
this
Nolan Evans
retarded socialism + corruption + shit oil + saudis selling their oil cheap
Nicholas Robinson
>Why did the Soviet Union have so many scientists, researchers, and innovation?
Lolwut? Don't buy into commie propaganda.
Gabriel Martinez
Dutch Disease?
Isaac Richardson
business owning class purposefully sabotaging the country and not producing so they can blame it on the government. Oil company jews helping spread the propaganda and create artificial opposition as well
Nathan Foster
>South American socialist one commodity state
>that one commodity was of relatively bad quality
It was a recipe for disaster from the get go desu.
Caleb Harris
Only dumbasses would think a socialist economy that is a one trick pony would end in anything but famine.
Kayden Walker
...
Daniel Adams
I know that living standards were poor but didn't the USSR have a lot of inventions, especially those related to space?
Hunter Sullivan
Socialism in combination with wasting all the oil money on short-term bullshit. Compare with Greece where retirement age is 55 thanks to EU money.
They could have thrived with socialism if they just had decided to spend money on long-term investments. Education and infrastructure, build a solid country for our children and their children, and what if the oil runs out?
The one sane thing the socialists did in Sweden was to upgrade the telecommunications infrastructure in the early 1990s. Thousands of miles of optic fibers were laid not only between the big cities but to bumfucking nowhere. As a consequence I have a halfdozen ISPs to choose from, all dirt cheap, while americans only get to pick one retardedly expensive.
Nolan Sanchez
they were quite literally stolen from the Nazis.
Elijah Diaz
Many are getting wrecked. The level of wreck depends on how much foresight they had. Venezuela had none, they assumed oil at all time highs would never go down and spent all the money they had. Saudi Arabia knew oil would come down and built massive reserves.
Ayden Wright
Socialism. The main problems they ran into was that they had a degree of wealth through one singular avenue, oil, and used it to mollify the people with so many social programs that a good number no longer bothered working or innovating. Then when the revenue stream from oil inevitably depleted as they put all of their eggs in that dumb basket they were fucked.
Jordan Anderson
It collapsed because it was not real socialism
Nathan Bennett
Saudi Arabian population is really just kept pacified with crown handouts since basically nobody works, knows how to work or well anything related to work. Saudi Arabians are house Saud's pets.
Robert James
>USSR have a lot of inventions, especially those related to space?
Like google maps or GPS?
Leo Price
>sending physicians to work all over the world
They are no9t real doctors you retard, they are subversive agents. We had HUGE problems with cuba doig this shit here with the Mais Medicos (More Doctors) program. Almost none of them had any medical experience, and the ones that did have any were angola tier vodoo medicine. Once they arrived, they immediately enrolled in government programs and start creating agitator cells and leading communist protests and shit like that.
Go fuck yourself stupid american commie, you have one of the best places in the world and are throwing it all away because of leftist indoctrination. NEVER EVER UNDER ANY CIRCUMSTANCE BELIEVE INTERNATIONAL LEFTIST PROPAGANDA.
Leo Morales
>Steal all nazi technology after raping and murdering the population
>WE WUZ SCIENTISTS N SHIT
Owen Perry
Thank you based user.
Juan Roberts
To be fair they gave asylum and good jobs to the nazis.
And say much cause Mengele died in Brazil of old age.
Oliver Gutierrez
Thank you. Please never stop revealing truth.
Ryan Morgan
Corrupt politicians and CIA meddling.
Landon Smith
I like when americans think everything it's about their own goverment.
Blake Adams
kek
Blake Campbell
I won't deny that, top-tier nazi scientists were usualy given good conditions to work.
Bentley Perez
They paid for their socialist policies with oil money.
The US and saudis tanked oil to fuck over russia, and it tanked Venezuela. Because their economy isn't diversified, their was a sudden, massive gap between what the country made and what it had to pay. Oil is literally 90% of the country's exports and a major driver of the economy there.
Instead of figuring out what to do, the various parts of the government decided to simultaneously try to back-stab eachother. Their version of congress(which is anti-marduro) frequently ignored rulings from their supreme court. The supreme court moved to abolish the assembly, and that triggered riots because well, you're trying to get rid of elected officials lol.
tl;dr oil dropped by 90% and different sides decided to air old grievances instead of trying to fix shit.
Ayden Ward
Not strange at all, after maduro was given extra faculties from congress we stoped hearing about the situation in Venezuela, he's officially a banana dictator now.
Good for him.
Josiah Morales
>Many nations in the middle east spent decades with oil as main source of capital, but didn't pursue socialist economics and social policy.
They've also been having a string of really violent civil wars and revolutions due to the drop in oil and water scarcity.
Oh wai-
Justin Barnes
So were our rocket scientists senpai. Russians still got to space first.
Also Saudis aren't part of a democracy like Venezuela is.
Thomas Sanders
Forgot to post evidence, but here it is, the sources are in portuguese however. The entire cuban medical probgram is a scam to spread gommie agitators in target countries. These frauds killed innumerable people by pretending to be doctors and administering medicine wrongly.
implicante.org
noticias.r7.com
Eli Wood
Ja ja, you got all the shitty cuban doctors.
Cooper Hall
Russia, Nigeria, and Saudi Arabia all ran into the exact same problem in 2015 and none of them collapsed
Evan Mitchell
they collapsed because their communism wasn't the REAL communism
Gavin Lopez
This should be shown in schools to 12-14 y/o
Simple but effective, could be use to discourage Marxist ideologies
Camden Howard
Obviously before that lol. They had the first satellite, a lot of the first equipment for space exploration, the first animal in space, and the first person in space.
Jayden Wilson
both
Connor Russell
Are you calling the UN communist, since it has recognized Cuba's achievements?
Put your tinfoil hat away.
Colton Howard
too bad its in some stupid language no one knows
Luis Murphy
Russia can bully money out of others.
Nigeria, it's a similar case than venezuela but Yoruba people carry that country even with Igbos being being igbos.
Saudi arabia has legalized slaves.
Anthony Walker
CIA plot just like they did with Chile except this time they bit a big dog.
The other SA countries will come together to block the invasion like they always have.
Cameron Mitchell
and Venezuela has an entire population of legalized slaves.
Gavin Diaz
>communism
>100% failure rate everywhere
It must have been evil American influence! That is the only explanation!