(socialists and Capitalists)why do you think Venezuela is the way it is now. I am capitalist myself and as far as i know. It is caused by nationalisation of profitable industries which under govt mismanagement suffered losses and giving away free money to people to get into power.
Nationalising industries and giving away free stuff sounds like socialism to me. So i think socialism is of blame here. Yet i heard socialists claim Venezuela is not socialist country. If you are claiming the same please provide reasons why venezuela is not a socialist country.
Socialists please give me reasons why Venezuela's fall is not due to socialism.
Capitalists. Please correct me if i am wrong about why Venezuela is in ruin.
Also. I know i am oversimplifying the causes for Venezuela's crisis. Please fell free to mention other causes why this occured if there are any.
(Socialists) I genuinely want to see this through your perspective so please guide me through your thinking process.
Edit: thank to everyone for stopping by. This is a good discussion. Even though I still think socialism had role in this crisis. I also learned socialists perspective. It's been educational.
As liberals celebrate mass tech censorship to "own the fascists" twitter did this today. Do these fucking idiots have any idea what's going on or they just don't care? The future seems bleak for the internet.
When talking about socialism with a capitalist they often cite venezuela as an example of the inherent poverty of socialism. But there is a problem this is accounting for venezuela being socialist.
But how do we define socialism? Since this arguement tends to be maked along other arguement like the nordic country were poor until they privatesided lets take that is by percentage public sector vs private sector. But how much do you need to be socialist? since this includes venezuela lets say that is when the same or greater percentage then venezuela (page 15) which is 30%.
The chinese economy is made 63 percent of public ownership the is source by latest stemates by the chinese governament (wikipedia article wich uses the source mentioned above in china in 63 percent), the chinese peoples republic is the second most succesfull country in the world and if by using the same standarts than venezuela. Is more socialist than venezuela but is more succesfull ,meaning than venezuela being an example of socialism = poverty is wrong, because if a socialist country is not poor than it is because of other reasons meaning that socialism is not the reason.
Why is it fundamentally wrong and not just wrong.
The reason why is fundamentally wrong is because is based on a fallacy socialism = poverty. The countries wich by using the same measurement are socialist and succesfull, aren´t assumed to being socialist, even thought the ussr and china were and are the 2ond greatest power, exactly because they were succesfull this arguement has always been wrong.
Hi guys, as I always post. I live here, last week cost of living has increased a lot, I think months ago you could "survive" with 50-60 USD monthly, now that is nothing. You need much more, it has been hitting hard.
This last week was the same, the volume traded is amost constant in USD that is why the decrease in BTC volume. Around 4-6 millons USD weekly.
Mostly miners, people sending remittances and store owners getting rid of their bolivares.
If you want to know something I'm here.
A lot of redditors have helped (not only me) somehow!
I've seen a lot of discussion regarding Venezuela and socialism, so I'll take a shot at debunking stupid counter-arguments.
1) bUt sAnCTiOnSS
This argument is basically the trope of attributing every failure of socialism to an embargo, sanction, or a coup. This is a pretty common cop-out, but it dosen't hold up when examining Venezuela.
Venezuela's current crisis (including shortages of basic goods) began in 2010. Hyperinflation began in 2016. In contrast, the first economic sanctions hit in August 2017, and these were moderate at best and only intended to send a message.
To quote the New York Times: " The new sanctions have broad loopholes, allowing for the financing of most commercial trade, including the export of American light crude oil to Venezuela for mixing with its heavy crude, and financing for humanitarian services to the Venezuelan people."
The heaviest sanctions did not come until late 2018 or 2019, almost 9 years after the crisis began. I do not like these sanctions but attributing them to being the cause of Venezuela's collapse is idiotic, unless sanctions can time travel.
Prior sanctions to August 2017, such as the ones in 2014, were placed on individuals for human rights violations, which has almost no bearing on the economy, if any.
The amount of calories able to be bought with the minimum wage has decreased by 92% since 2010.
2) bUt oIL
This is the argument Venezuela's collapse can be explained mostly due to oil prices collapsing.
This is easy to refute with one chart. The Venezuelan GDP per capita pitfall started around 2012, while the oil price dropped about 18 months later.
Additionally, Venezuela from around 2014-16 ranked only #8 in terms of oil dependence. What happened those countries? Well, according to this chart by the IMF, the countries which saw any decline were Russia, Iraq, Iran, and Venezuela. And while Venezuela saw its economy shrink 3 years in a row, Russia, Iran, and Iraq saw their economies recover, and none dropped anywhere to close the amount Venezuela did.
This cannot be paired with the sanctions arg... keep reading on reddit ➡
Hello, im building a pc to be able to do my college asignment. i have the other parts but i just have 20$ left to buy a GPU, can u offer me any option? I dont care if the GPU is old, only that it is working
My processor is a ryzen 1200
Ill be using an forwarding on MIAMI to send it to my country because send things directly is too expensive
Sorry my broken english btw, im still learning
PD: Thank you all of you for the kind words. Someone tell me to gift me the gpu. Even when it wasnt the objetive of the post im really thankfull. it really helps a lot
I have seen Chinese Argentines and Chinese Peruvians before and of course Chinese Mexicans but I have never seen Chinese Venezuelans