Liberals Are Right: Socialism Achieved Real Economic Gains In Venezuela

salon.com/2013/03/06/hugo_chavezs_economic_miracle/

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its almost as if people didn't starve to death.

No person, no problem.

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It only ever worked because of those oil finds.
As soon as the oil price went down, Venezuela lost everything.
That's not a healthy economy, that's a propped up bankruptcy in the making.

>2013
It's the current year and Chavez has been dead for awhile.

I love how the retarded capitalists like to pretend that the economic sanctions they put in place against venezuela have absolutely nothing to do with their problems today...

Reee germany was socialists, look at dem now (ignore the fact that they were at war with 3 empire at once)

Saddam was an evil socialist too, now iraq is fucked! (Ignore the economic sanctions put in place decade before the 2003 invasion, literallly killing off a generation of would be guerilla fighters that would have btfoed all the americuks army)

Reeeee north korea is a massive shti hole full of starving people! ( starving, yet have a better missile program than the US, and while being emaciated one day, the next theyre a massive threat to world peace, as if a nation of starving people where capable to being a threat in the first place)

FUCK COMMIEZUELA

1 US dollar is equivalent to over 3000 columbian pesos.

What caused the inflation in colombia? You guys are afterall, americas favorite poodle in SA

Nerd here.
I have studied econs up to a master degree.

You figure early in basic theory that socialism can in no way work sustainable and lomg term.
In deeper theory you understand why. But short answer is always: Doesn't work, will collapse.

Don't let "Salon" sell you shit with this story. There may be short term gains but usually those come with long term problems.

The sanctions in 2015 were on a hanful of corrupt politicians/businessmen, not enough to make a dent Venezuela's economy as a whole. Low oil prices is what killed their economy, but I wouldn't expect a leftist to understand this.

Their immense oil reserves and gold were the only reason their unsustainable socialist dogmas survived. Their oil exports were not directly hampered by US sanctions, they still sold the oil. Todays Venezuela is the effect of a bankrupt one, were their oil industry is diving off. Besides, the seizing of the production of food made for a terrible allocation of resources, the disregard for competition, price indicators and freedom of the consumer IS what is causing the famine.

couldn't agree more, I find it extremely funny and depressing when leftists talk economics.

you mean like the 13year olds selling their bodies for food and school supplied?

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At a certain point you'd think they'd just burn the entire country to the ground and start over from scratch.

youtube.com/watch?v=300D3GXH4fc

Socialism works well when no foreigners are leeching. Hitler has proven that.

>economic miracle
>literally steal your oil infrastructure and call it gains

Ohhhhh so now you retards love Hugo and Bush?

Men with fickle allegiance are not men. We call them soy boys

LOL. “Better middle program then the US.”

Are you even able to dress yourself?

It is straight up human nature. When everyone is “equal” and you have no power it is a race to the bottom.