Has more oil than Norway

>has more oil than Norway
>still a giant shithole
What did they mean by this?

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that you need to be white to be succesfull

shit quality oil

hmmm...

Chile just had 4 years of center-left government in a country ruled by center right since 1990... And still she fucked up, that's why right won again some months ago.

no surprise, lefties are always economically retarded otherwise they wouldn't be lefties

>South Korea
>Japan
really activates my neurons

asians are white. they're just not caucasoid.

They mean they have negriea to divide the society then they plunder and are rich, add in nlame a scapegoat.

Add in patriotism as well sll of this helps the ruling class plunder, same with diversity.

"no"

yes?
look at their fucking skin

>"""""just""""" copper

american client states

nbim.no/en/

youtube.com/watch?v=DKez6vEfR3Y

US government doesn't try to overthrow norwegian government and Norway is satellite-country of yanks. Venezuelan government fights for freedom against imperialism since 1999.

>reddit meme
Chile’s center left government right after pinoshit was responsible for the Chilean miracle.

Yes, of course. Maduro is based for protecting Venezuela from imperialism and evil Americans. Look at Venezuela now!

>implying economic situation isn't consequence of imperialist sabotages

Yeah, man. Everything is US fault.

Also

Norway has 4,5 million people
Venezuela has 22 million people

Venezuela has the biggest oil reserves of the planet

Frankly everything is the Venezuelan opposition's fault for playing coup chicken with Chavez in a car with no steering

Venezuela is not a shithole. Based Maduro is protecting Venezuela againt yankee imperialism and Jews. Venezuela is the best country of the Americas now. Nothing can stop based Maduro. Praise Venezuela

and why does he sells most of Venezuela's oil to americans?

Saudi Arabia has the biggest oil reserves

>"A lack of economic diversification lies behind Venezuela's economic woes. According to OPEC's 2015 figures, Venezuela has the most proven crude oil reserves in the world, with over 300 billion barrels. That puts it ahead of Saudi Arabia (266 billion barrels), Iran (158 billion barrels) and Iraq (142 billion barrels).

>"Even though oil does not automatically equal cold, hard cash, the Venezuelan government has spent its money as if it did. A lack of transparency complicates determining exact figures on spending. What is clear, however, is that Chavez put black gold at the center of his economy: over 90 percent of Venezuela's exports and roughly half of the government's revenue come from oil."

>"Last year, Caracas imported 50,000 barrels of light crude oil just to prepare heavy crude oil for export. Without it, Venezuelan oil is useless."

>"Maritime law only allows vessels to sail the high seas if they meet environmental standards. Venezuela's crude-stained, aging tankers don't."

Yanks buy venezuelan oil by own wish. Venezuelan government doesn't beg for it. They can sell oil for chinese, for europeans, for japanese, etc.

It really is. I love being super omnipotent and causing everything bad that happens to every other country.

Everything is CIA propaganda and US sabotage. Nothing can stop based Maduro. Hail Maduro.

Yeah, more socialism will certainly be helpful for a country that doesn't understand economics and is corrupt to the bone.

Shut up imperialist pig. Nothing can stop based Maduro and real socialism. Socialism will prevail!!!

When Norway to have a socialist government and not a right-wing coallision (Breivik's party included), US of A shall try to overthrow it or even kill their leader (see Olof Palme case in Sweden)

I don't think Norwegians are so dumb to believe in socialists.

wtf i love chile now

Do you know why Chile has few problems with homicide rates and it's economically stable and prosperous? Pinochet killed amost all commies from Chile. Only the few least radical ones like Bachelet survived.

Norway isn't an independent country to pick a socialist government

No, venezuela does it, check wikipedia

O boy

>ignoring Gini coefficient of Chile has the same level than brazilian one

I wish I live in an "American puppet state" like Norway than in a hellhole "free" country like Venezuela or Cuba

CIA is our friends.

>ignoring other puppet states like Mexico, Honduras, Paraguay and Guatemala

Muh gini.

>ignoring gdp per capita

Mexico is not US puppet. This is why it's a shithole. Panama is a US puppet and it's doing fine

GDP per capita is irrelevant when high social unequality

They're run by a communist.

What is NAFTA?

S O C I A L I S M

Kek this picture is so ironic because socialism is the exact reason Norway succeeded so well with oil and Venezuela didn't. Read up on it, the Venezuelan oil fields was sold to foreign private corporations (american oil industry) while the norwegian oil fields was state-run from the very beginning. When the norwegian government realized there might exist oil in Norway they got offers from american oil companies, but they refused to sell and instead hired american oil engineers to train norwegians so we could get it ourselves. This ensured that the profits made from oil stayed inside Norway and benefited the entire population instead of foreign billionaires (read, socialism).
The Venezuelan story is a tragedy, as stated they have more oil than us, they could literally have been the worlds richest country and an example for the rest of SA. I'm convinced the deals were made by stupid politicians who had no idea of the value of what they were selling, probably got a couple of millions under the table and thought they were geniuses. The reason Venezuela failed was probably corruption and short-sighted thinking.

Nafta is a meme. Mexico is not economically free. PEMEX and most mexican public companies for example are owned by Mexican state and it's corrupt as fuck.

PEMEX is only state-run company still existent. Telmex got privatized. Lots of other ones too. Imevisión became TV Azteca.

According to new world retards, socialism is when duh gubmint does stuff, unless it’s in Scandinavia, in which case it’s muh free market.

Statoil is a Norwegian state-owned company in which it simulates the operation of a private company: the rules that guide it are governed by market logic. It has no automatic right of exploitation in all areas of Norway. This company can decide in which bids it is beneficial for them to join, This company has no market reserves. In addition, the board of the company is composed mostly of non-government employees

>the rules that guide it are governed by market logic
>the board of the company is composed mostly of non-government employees

This is why everything works in Scandinavia lel

Socialist my ass. This kind of administration is very far from socialism.

The oil meme is a myth. Norway got rich before any oil discoveries. Going by your logic, Sweden, Denmark, Iceland, and Finland should all be Venezuela-tier shitholes.

Everything works just dont give totalitarian control to a few and have stupidity destroying the market, distribution is irrelevant, communists care about control to take all the money not sharing the wealth.

The Nordic model is a mix of public and private. These companies are more private than public.

okay, so is anyone actually going to give a non-meme answer? i don't understand why they're such a shithole meanwhile malaysia and the gulf countries are okay

Communist leaders rob all the money, the oil isnt going to the citizens.

Socialists from Latin America are all totalitarian and corrupt as fuck. This is why they ruin everything.

Chile has the least radical ones because Pinochet killed all radical ones.

Yeah I'm not saying we are a completely socialist country, cause we have a really mixed economy and statoil is probably one of the best examples of this. But i sincerely believe a lot of our success is exactly because of the socialist policies we have. We were among the first country in the world to employ universal paid sick-leave, universal pension and universal welfare for the unemployed. The last one is especially important, because it creates a safety net to keep people out of poverty which has been proven ensures they manage to get a job and become a productive member of society again.
But yeah obviously pure socialism wouldn't have this success, no pure economical model would. Mixed economy with a pretty much free market and socialist policies/restrictions has proven to be the most effective in the long run.

If each citizen got their own share of barrels of oil you will see venezuelans be richest country in the world, period.

Please adapt and learn mexibrooo.

They don't have the industrial capabilities to refine and distribute their own oil.

>non-meme answer

Mexico will ellect a communist this year and he will ruin Mexico forever.

It's a non meme answer.

Could you make it a little bit less obvious?

32 million*

>voting a right wing president in under trump
That's even more retarded. You dumb cuckold wannabe slave.

Why do South Americans still live in the Cold War? Why do South Americans think everything they do t like is communism?

This pretty much.
The south american "socialist" countries are socialist in the same way the democratic republic of North Korea is democratic.

You have welfare, but your public companies aren't exactly public companies.

See
They simulate the operations of a private company. This is why the nordic model works.

Do we?

welfare state =/= socialism, it will get you in a crisis if you don't control deficit

Chavez and goons are multi billionaires tho and American scapegoat is great to rally against opposition.

Let's see the next years...

>Chavez
What time machine did you step out of?

Our average leftists still live in the cold war

Communism means independence and freedom and imperialism hates it

Yeah, see Venezuela now. Very free place.

Communism means dependence and control with an elimination of personal sovreignty rights and power.

Distributism is seperate to Communism in that distributism doesnt affect individual rights.

>dumb traitorous conservative bootlickers can't even come up with a good reason when confronted
>w-w-we will see
Howling, electing a right winger with Trump in the White House is voting to destroy Mexico.

95% of their exports were just oil, in 2013, the barrel's price fell, Maduro got scared and started to print money, inflation soared, following really bad decisions, they are what we now nowadays.

Freedom isn't a gift. Freedom is something who you fight for it.

Have you notice how the venezuelan immigrant in Argentina appears every time you write "venezuela"?

FUERA AREPAS

>freedom
lmao

State is mediation of society. People is State and State is People.

No, people is people a dnallgroup of people controlling the rest is called slavery.

Difference between a slave and a man is that a man decides on his own.

it is actually a mean of repression to individuals

it begins

It is literally just corruption.

Liberalism dures until the time to call the cops

kys t*Nkie

Only there's mankind when there's society

Why do you hate cops? Let me guess, you are a nigger drug dealer...

Who defends liberalism forgets they need State to protect your properties

>Countries America has sanctions or wars against:
>Iran, Russia, Venezuela, Iraq, Syria, Libya

I'm starting to sense a pattern

Venezuela is ruled by incompetent shits. No socialist country was ever as shit as it is. You could make arguments that North Korea is doing better

This isn't new to Venezuela. Before, Venezuela was one of the largest oil exporters, but it had fifty (50) percent of people living under poverty. It's just an unsavable shithole

That's why China, India, Russia and Brazil will push in this century for another reserve currency. Today's dollar stand gives way too much power for the US.

you'll all end up getting chinked