Didn’t Venezuela try this under Chavez? How did that go?
Pretty good till the price of oil plummeted, single resource economies are ticking time bombs.
What do you mean ‘till the price of oil plummeted"? The whole world plummeted in the 08’ crash. Sure the price per barrel plummeted in 2009 but the price of oil has since gone up to those early 2000’s levels…
Venezuela is an example of a petrostate, where the government is highly dependent on fossil fuel income.
Petrostates are vulnerable to what economists call Dutch disease, in which a government develops an unhealthy dependence on natural resource exports to the detriment of other sectors.
The oil price plunge from more than $100 per barrel in 2014 to under $30 per barrel in early 2016 sent Venezuela into an economic and political spiral, and despite rising prices since then, conditions remain bleak.
(Source: Council of Foreign Relations)
So yeah, socialism didn’t kill the Venezuelan economy, over-reliance on fossil fuel did.
Like most socialist nations that failed throughout history, socialism didn’t kill them, America did.
Remind me what was the price per barrel when Chavez started? Also, what is the price per barrel today?
I asked for a number not a video. Don’t deflect please, I know the reasons are not price related.
I want a number. Tell me why the price of oil dropping is the reason they failed. I want to be educated with a number.
Here I will help,
Price per Venezuela crude oil barrel in 1999: _ . __
Price per Venezuela crude oil barrel in 2024: _ . __
🤓
Why do you want to know? Do you think Chavez singlehandedly controlled the price of oil?
You know that’s a worldwide commodity, the price of which is affected by myriad factors out of any one country’s control, right?
There’s no such thing as “price of Venezuelan crude oil” seperate from the price of all other crude oil.
Bruh, Venezuela has some of the dirtiest crude on the planet and lacks the ability to refine it themselves relying on American refineries which have had an embargo against importing Venezuelan oil till last year, you are so out of yout depth in global economics is laughable.
“I don’t understand sociology or economics and expect everything to be provided for free”
There’s an entire corpus of books and documents critiquing the current system and on how a society based on mutual aid would work. None of them “expect everything to be provided for free”.
What was the last book on economics you read?
It’s been a few years since my economics minor, but likely more recently than you.
Considering you cant name a book, i doubt it. I’m currently reading The Value of Everything by Mariana Mazzucato and Yurugu by Marimba Ani. I cant recommend both of them enough. Its about culture as much as it is about economics.
I mean, no. I’m not going to go dig up the syllabus for my econ classes just to prove a point.
You clearly don’t understand economics if you think paying for housing for 335,000,000 citizens is even remotely feasible without a major tax increases on everyone.
Communism is a nice thought experiment, but it’ll never actually work because humans are awful.
So you haven’t read a book on economics since you graduated, got it.
“Humans are awful” is why they call econ the dismal science; did they actually present that as a reason why communism wouldn’t work when your classes covered it?
I would imagine that the primary reason anyone thinks communism will fail is that greed is too rampant amongst many people these days. I happen to agree, communism is nice to think about but I have worked for the state of California. I’ve seen what having a job that you do next to nothing at, get paid a liveable wage on, and basically can’t be fired from has done to state govt. It’s a fucking mess. These are people who, right now, are complaining about homeless people despite the only thing separating them is the fact that they were lucky enough to know someone who worked for the state. I mean it when I say they quite literally do nothing and get paid for it.
Cali state govt is socialist as fuck, and the outcome is things like millions of peoples information being leaked. We’re talking social security numbers, drivers license, where you live, etc. If you can’t tell me how you avoid the equivalent of things like this happening in a communist govt (because the outcome with communist govt corruption is worse by a large margin) then I just turn my brain off and stop reading.
Having bureaucracy managed by an AI with everything heavily encrypted would put a stop to a lot of bullshit. Just saying
Cali state govt is socialist as fuck
Wait Californians democratically own and manage the means of production? Holy shit.
Oh you mean a liberal state that has slightly higher taxes :(
I assume that when everyone else in this thread is talking about socialism and communism, they mean like the Wikipedia definitions, not just more government.
This is some hard hexbear vibes. Asking for titles of books read is unbearably cringe.
Anti-intellectualism at its finest folks
Thanks for chiming in
No problem, PatFussy
If one is a student if economics, naming a book on economics to confirm your bonafides is as low a bar to jump over as humanly possible. Books aren’t cringe, you are just basic.
Cringe
Says the user, who’s last post was wishing for more porn on the internet, bahahaha
I am not aware of a way to have coercion free society. But I am very sure we can massively reduce the amount of coercion necessary to keep our current society running well.
Not disagreeing, but the message of “cancel all rent and mortgages,” is silly and shows a clear lack of understanding on how the world works.
“Hey wait a second why isn’t the bourgeois state enforcing my property relations for free? The peasants aren’t paying rent, someone shoot them!”
Communist spy drones
Sounds great but who is paying for it?
Have you heard of this idea called “taxes?”
More than that, are you familiar with the idea of taxes being spent on more than just bloated military and police?
Its easier, for most, to imagine the end of the world than the end of Capitalism.
A fan of Zizek film analysis? That’s definitely one of his positions, related to how much post-apocalyptic media still portrays capitalism in practice post-apocalypse.
Haven’t heard of em, I’ll have to check em out though!
Slavoj Zizek / Pervert’s Guide to Ideology / Pervert’s Guide to Cinema
Pervert’s Guide
Sounds like I really should check this out.
Just curious, do you want everyone living in cookie cutter multifamily boxes or are people allowed to have houses and different size pieces of land and buildings in your utopia?
Ok just wondering
