Why is Venezuela so poor despite having large oil reserves?
Why is Venezuela so poor despite having large oil reserves?
Dominic Phillips
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Jason Bennett
le epic socialism bullying thread
Michael Murphy
Gommies and corruption.
Bentley Allen
Gobbuunism
Caleb Watson
Because the money made from oil exports wasn't invested into developing the country.
James Foster
gommunisum
Liam Gutierrez
gommies
John Reyes
gobbiidismmm
Ethan Gutierrez
gobbudism
Leo Lewis
Because the new "president" can't handle the country like Hugo Chavez did.
Kevin Roberts
They were poor af with Chavez as well.
But at least he didn't mobilize the army because ''muh evil empire may invade any secondo >DDDDDD''
Still fuck that gommie
Joshua Brown
Because Venezuela's oil is terrible low quality oil.
Andrew Gomez
communism coupled with pic related + plummeting oil prices = a nation on the verge of collapse
Samuel Clark
Well I don't usually blame politicians for the mediocrity of their countries but in this case yea... commies. They were rich af in the 70s
Austin Bell
It's not just large oil reserves. They have THE LARGEST oil reserves on earth and they somehow still manage to fuck up
William Cook
south americans are manifestly incapable of governing themselves
Jaxson Nelson
Why is Brazil so poor despite rich mineral deposits and large amounts of natural resources?
Or Kenya, or numerous other countries which aren't coming to mind.
It's all down to poor management, however one can argue such poor management comes from Socialism in Venezuela.
Liam Gomez
I can't believe this bullshit. Is there any less diversified country out there? I don't think so.
Evan Wright
Not just poor management. Corruption also plays a big role.
Jose Rogers
Chavismo
Jaxson Brooks
Corruption is caused by poor management...
Dylan Evans
Because true socialism hasn't been achieved yet.
Sebastian Murphy
the IMF
Julian Brooks
...
Kayden Kelly
True socialism can't be achieved bro. Wake up bro
Josiah King
They must be going through really tough times right now.
Joseph Cox
Imperialistic US schemes to drop oil prices and harm venezuela
Andrew Rivera
Venezuela already has the right material conditions and social structure. The people is getting rid of the bourgeois's consciousness thus fulfilling the subjective factors in classic marxism dialectic that will lead us to socialism, mistakes of course, are natural in the current time.
Xavier Murphy
Venezuela needs a Pinochet
Carter Ward
Socialism doesn't work. It's an unfair system that spreads misery and poverty. Capitalism is also flawed but is way better in every sense.
reason.com
Noah Price
because a centralized economy only works in books and not IRL.
I still can't believe when a marxists commie says: but in comunism the people will decide what to produce and not see the link with venezuela.