RolStoppable said: Venezuela failed you, you communist. |
...but it wasn't real socialism. /s
Socialism - any of the various economic and political theories advocating collective or government ownership and administration of the means of production and distribution of goods.
Venezuela was the 4th GDP in the world under colonialism, and now socialism and dependence on global oil prices has stricken them into poverty. I'm still waiting for Socialism not to fail it's people. You can't point to Sweden anymore. For one, it's economic policies shifted capitalist during its economic boom, and two it's now on pace to become a third world country by 2030 according to the UN.
I prefer capitalism, and I prefer enforcement that prevents monopolies, but ironically many current regulations in place actually help corporations and kill competition. The regulation debate is a totally different thing, but overall I prefer private ownership of companies. I oppose socialism for its historical failures time and time again and also the deaths that socialist leadership has led to because communists time and time again abuse their power and enslave their people. However, I also oppose the global central banking systems and foreigners being able to purchase land in a country they do not live in which is what I consider the problems with current American economic policy. We have a massive problem in America where Chinese, Russian, and foreign Jewish bankers own a lot of American land. I can't find the chart I'm looking for, but basically it allows these groups own a lot more land than one would think reasonable and they sit on high house prices even if no one is buying which is only going to lead more people into debt.