[–] YoungerX 0 points 4 points 4 points (+4|-0) ago
The crashing oil price is the nail in the coffin for Venezuelan socialism.
I have enjoyed following the story since early in Chavez's reign. It wasn't all bad, more than a million people were taught how to read. But they always had a problem with the price of basic goods and inflation.
[–] PlasmaDistortion 0 points 3 points 3 points (+3|-0) ago
Toilet paper is old news. Now they can't even buy food.
[–] [deleted] 11 points 1 point 12 points (+12|-11) ago
[–] BoiseNTheHood 4 points 5 points 9 points (+9|-4) ago
Socialism will never be "executed properly." Economies can't function without resources being allocated in a rational manner, and that is only possible under capitalism and free markets.
[–] fagnig 0 points 1 point 1 point (+1|-0) ago
Can we stop pretending that socialism in general is a bad thing, if executed properly. Venezuela is just another thinly veiled and extremely corrupt dictatorship, nothing more.
What Socialist states, ones without a capitalist economic system, have been a success?
[–] twitch1982 6 points -1 points 5 points (+5|-6) ago
Right? look at how often Britain, Canada, Switzerland, Sweden, Iceland, and Norway run out of toilet paper. There's also varying degrees of socialism, Venezuela actually had government ownership of the means of production, very different from anything being proposed in America or any currently "socialist" state.
[–] TheDude2 1 point 0 points 1 point (+1|-1) ago (edited ago)
http://www.nationalreview.com/article/425800/bernie-sanders-socialist-success-sweden
Have you seen parts of Sweden lately? Apparently Socialism works when you attach it being Nationalistic.
[–] 4478220? 0 points 4 points 4 points (+4|-0) ago
*Unwelcome symptom of trying to start an economic war with the United States just as the price of your only valuable good drops