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Room 0182
29 Jul 16 09:55
Joined:
Date Joined: 21 Feb 01
| Topic/replies: 765 | Blogger: Room 0182's blog
The socialist paradise of Venezuela goes from strength to strength.

My favourite bit:-

"These entities will register people in their community, assign them a day for shopping, and sell them a plastic bag filled with a number of goods such as flour, pasta and soap, at a fixed price. You cannot choose what you want to buy. You just get what you are given in the bag."

Socialism in one sentence Grin
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Report Room 0182 July 29, 2016 9:56 AM BST
oops

http://www.bbc.co.uk/news/magazine-36913991
Report tony57 July 29, 2016 10:24 AM BST
you show your ignorence to what socialism is or meant to be? chavez was never a socialist, in a econamy that only has oil then you cannot create a stable country..when the price of oil hit the floor the country took a hit..venezuela has been ruled by incompetence..its not socialisms fault, you fail to grasp the difference.
Report grappler July 30, 2016 12:38 AM BST
wac you are antonio. i will ignore your lamentable english.

socialists like corbyn and o'donnell, and livingstone were banging on about chavez and and his socialist state the moment he gained power. they said he was a socialist, but you say not.

since then, predictably, it has degenerated into chaos. despite its massive oil reserves, and because of the staggering incompetence of its leader, it has degenerated into chaos. and true to form, maduro, chavez's successor, has refused to leave office, despite losing the election and presiding over a country that has the second highest murder rate in the world.

socialist revolutions only produce mayhem, mass-murder, and economic catastrophe. name one that did not. you wont. but still, cretins like tonyiq57 deny that they are socialist, despite the fact that they all claim to be so. toe knows better, eh?
Report alun2005 July 30, 2016 2:38 PM BST
It's uncanny that no matter whenever or wherever in this world an avowed 'Socialist' government fails, the explanation given (by left-leaning types) is that "it wasn't proper Socialism".

You'd think by now that someone somewhere would have written down what this 'proper Socialism' actually is, so that any budding Socialist politician or elected Socialist government will be able to act accordingly.
Report bongo July 30, 2016 10:13 PM BST
http://www.freetheworld.com/countrydata.php?country=C137

Venezuela comes in last for economic freedom. In the world.

Travelling through the country this month I saw endless queues of people trying to buy food – any food – at supermarkets and other government-run shops. I was stopped at a roadblock in the middle of the countryside by people who said they had eaten nothing but mangoes for three days. I saw the hopeless expression of a mother, who had been eating so little that she was no longer able to breastfeed her baby.
…it was my family who really brought it home to me. My brother told me all his trousers were now too big. My father – never one to grumble – let slip that things were “really tough”. My mother, meanwhile, confessed that sometimes she only eats once a day. They all live in different parts of Venezuela, but none of them is getting enough to eat. It’s a nationwide problem. …a young mother, Liliana, …admitted to going to bed in tears on days when she had been unable to give her two children any dinner. In western Venezuela, in the oil-rich province of Zulia, I visited several small towns where people didn’t know what they would eat the following day


And yet this can be fixed quite quickly ( months rather than years ) by abolishing the price controls. If people and organisations are permitted to make money growing and selling food, then people will grow and sell food.
Report bongo July 30, 2016 10:26 PM BST
.
https://mises.org/sites/default/files/styles/full_width/public/murray3%20500.png

UK not doing too badly on this graph, and could reduce further now the 2-child rule for new child tax credit claims has started. Greece is over on the right edge.
Report bongo October 9, 2016 10:43 PM BST
.
http://www.aljazeera.com/indepth/inpictures/2016/10/face-hunger-malnutrition-venezuela-161007055723064.html

This is what happens when governments think they should forbid people making money from producing and selling things that are essential - you get shortages of things that are essential.
Report bongo December 11, 2016 3:12 PM GMT
Spare a thought for people living in Venezuela this Christmas:

The top denomination bank note is worth less than 5p. At one point you the number of notes needed to buy a Big Mac fitted in one of those paper bags the Big Mac was served in. This is no longer the case as nobody can afford to make the middle bit of the Big Mac any more. Coca Cola bottlers won't touch the place, and considering how much nutrition-free schoite they've sold poor people in their time that is saying something.
Food supplies are short, toys are being confiscated from manufacturers because they're committing the sin of trying to sell their stuff for a higher price than it costs to make, and people are selling their hair for use in extensions to merchants over the border.
Inflation is rampant.

The government's response - a deal with Putin for military equipment and wheat. So more oppression by a well-fed military for anyone trying to make a profit from a business.
Report detraveller December 11, 2016 7:07 PM GMT
I would have thought the americans would have invaded Venezuela by now and liberated the people like they've liberated so many countries in the past. They even have oil. Any chance it will happen?
Report Room 0182 December 12, 2016 1:55 PM GMT
Why would they do that?

The ongoing disaster that is Venezuela is a living, breathing example of the inevitable consequence of socialism. The yanks wouldn't want to put that at risk.
Report tangsoodo December 12, 2016 10:35 PM GMT
It is a remarkable level of failure that this sort of thing can happen in the modern world.

Only another religious cult - like ISIS - could hope to achieve such misery.
Report Racingqueen December 13, 2016 7:06 PM GMT
Chavez was a stone cold lunatic. He used to have a TV show every Sunday where he would rant about anything that came into his mind. The show had no set hours as its ending was dictated by when Chavez would decide he had had enough.

Hes absolutely destroyed a country that had massive potential.
Report Racingqueen December 13, 2016 7:15 PM GMT
It is no coincidence that intelligence and temperament play a major part in the success and standard of government in any given region/country

You find with regions where education standards are in the toilet, that the peoples can be volatile temperament wise. All aspects of life are about ego and honour/pride.

It seems beyond alot of these peoples to make rational decisions on difficult issues without allowing their temperament to get involved
Report bongo December 13, 2016 10:54 PM GMT
.
http://www.foxnews.com/world/2016/12/12/venezuelas-maduro-orders-biggest-bolivar-note-out-circulation-in-72-hours.html

Maduro has decided to confiscate the currency. Citizens holding 100 bolivar notes have 10 days to queue up and exchange the notes for freshly printed replacement notes. And because it's socialism you can bet the queues will be massive, and when you're queuing there is no economic activity going on.
Very sad.
Report Burt06 December 14, 2016 2:44 PM GMT
could any socialist name one country where socialism has ever worked?

just one would be nice.
Report Room 0182 March 25, 2017 9:58 AM GMT
Oh dear. Run out of medicine now and reduced to begging to the UN.

Who could have predicted that Socialism leads to this?
Report Dotchinite March 25, 2017 10:42 AM GMT
Corbyn and other Labour MPs were openly praising the way this country was run until recently but they seem to have gone
a bit quiet now.
Report ufcdan March 26, 2017 5:35 PM BST
It may surprise a few on here that some of my views lean to the right Shocked but tbf plenty of people struggling in capitalist countries Plain
Report bongo April 11, 2017 9:38 PM BST
Five days of protests in the capital Carackers
Parliament been shut down ( now reversed ), but opposition leader been banished from public office
The State owned oil company has to pay $2.1bn to foreign lenders tomorrow ( official numbers indicate enough to last till November imv, but it ain't good )
The only African elephant in the country is going hungry ( the State say he's poorly though, not underfed )
Mass emigration
And a set of bank holidays starting Thursday when protester numbers could swell

Looking bad for Maduro.

Hope the UK is standing by with some humanitarian aid if needed.
Report bongo May 27, 2017 12:14 PM BST
Nice history of Venezuelan style socialism - with epic mick-taking of british politicians who said the programme was a new and better way

.
https://t.co/1glwtK7SBF

There's very little private sector left to tax. It shows that you have to have that free market economy.
Report Room 0182 May 27, 2017 12:32 PM BST
Don't know whether to laugh or cry Laugh
Report Room 0182 August 5, 2017 12:01 PM BST
I think it's time this was brought btt for the latest
Report pxb August 5, 2017 11:16 PM BST
At some point, Colombia will have had enough of starving people flooding across the border and invade, and probably annex the oilfields for their efforts.
Report alun2005 November 14, 2017 2:34 PM GMT
Further update from the Socialist Paradise of OIl-Rich Venezuela :  BANKRUPT.

.
https://order-order.com/2017/11/14/venezuela-runs-money-defaults/
Report anxious November 14, 2017 4:15 PM GMT
The trickle down fans out in force again
Report Burt06 November 14, 2017 6:09 PM GMT
With the largest oil reserves anywhere in the world you would be forgiven for thinking that socialism might be able to get away with this one. Maybe they could give everything away, free this, free that, blah blah blah and hopefully the oil could pick up the tab. But no, the ideology that Comrade Corbyn and his Marxist sidekicks want to impose on this country will lay waste to any land.
Report bongo November 14, 2017 9:08 PM GMT
It's a sad state of affairs - today's default declared by S&P is just a device that means that investors who have lost money ( and they deserve to lose imv ) can claim insurance if they have it.
But long term Venezuela cannot borrow any new money, and will be unable to import anything vital.

Yet it's quite possible to have big government so long as you have a free market economy operating and stop trying to fix the prices of things from fuel to exchange rates. The beauty of the price system is that when things go against you, there's an incentive for an entrepreneur to step in. Obvious examples are a drop in the free floating exchange rate - more tourism. Or an increase in the price of food - more people decide to produce food. But Venezuelan style socialism thought they could buck the price system. What an awful experiment they have inflicted on their own people.
Report treetop November 15, 2017 7:22 PM GMT
Corbyn and McDonnell are more than keen to try this same experiment in UK and there are enough idiots willing to support them,apparently.
Report anxious November 15, 2017 8:11 PM GMT
So thats nearly 12 million idiots then tree
Report anxious November 15, 2017 8:12 PM GMT
I doubt it would be an experiment similar to Venezeula
Report anxious November 15, 2017 8:13 PM GMT
Mind you for the last 39 years we have idiots supporting various experiments in Britain
Report Room 0182 November 16, 2017 2:04 PM GMT
Good to see this one revived.

Always a pleasure to read about great Socialist success stories.
Report treetop November 16, 2017 8:24 PM GMT
My apologies for the use of the word anx,but my sympathies about the sentiment remain,I hate the thought of UK trying such an extreme experiment that could put us back centuries, never mind decades.You do not know what you have had until you have lost it (said by thousands of Sunderland supporters just now !).
Report bongo November 23, 2017 9:05 PM GMT
The missive has gone out to Venezuelan embassies around the world that they have to save money
.
https://www.bloomberg.com/amp/news/articles/2017-11-22/venezuela-tells-diplomats-to-tighten-belts-as-money-runs-out

Meanwhile there is a country in this world ( Taiwan ) which has no embassies at all in the EU, and which has higher standard of living on average than the UK.

And yet . . . it's still blooming hard to convince some people that free market economies are success stories and that government usually, not always, is the thing getting in the way of prosperity with its embassies and trade agreements and foreign aid spending and quotas and subsidies and everythingbloody else they can think of to interfere and make us poorer.
Report bongo July 1, 2018 8:01 PM BST
Inflation over 40,000% with analysis by top economics commentator Tim Worstall
.
http://www.continentaltelegraph.com/economy/venezuelas-inflation-hits-40000-no-not-socialism-but-market-destruction/

Contains important point about common ownership not being the problem, but the wrecking of the price system. Be very afraid of governments that want to give you stuff that is cheap or even free, you might not get anyone willing to build that bridge, upgrade that house to a HMO or produce that stuff you want next time.
Report Foinavon July 1, 2018 9:14 PM BST
They usually want to give you other people's money for free. The trouble arrives when those other people decide not to play that game anymore.
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