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DonFerrari said:

Are you sure it worked? So the wealth didn't moved their assets around and avoided the heavy taxation? I guess the reports I read were fraudulent them.

I do hope more states go bankrupt until they decide to go back to what they should be doing instead of trying to act in every aspect of people lifes. Confiscation, yes I know left wing loves to highjack other people properties.

Socialism killed 100M, that was their way of lifting people from poverty. Venezuela just know is on a very big famine crysis, people are still fleeing from Cuba, or you are talking about a different socialism?

I wouldn't matter being poor, all human are poor from design and must build their own wealth. My 4th generation ancestors were slaves. My great grandfathers were poor small farmers, grandparents from my father side had high school education and from mother side only elementary. So one worked in bank and the other were a worker in civil construction. My parents got to go to university. So I can clearly see individual effort from them building up of my family but can't see where any group negotiation (in a country that all that ever get was raise minimum wage and decrease number of formal jobs) helped them up.

Socialism killed 100M, boohoo, that number gets thrown around alot. I could start a pissing contest about how many people Capitalism killed but I'm not even going to start that discussion or this thread will turn into the eternal quagmire.

All people must build their own wealth? Nice meritocratic idea, but it doesn't work in reality. Most wealth is passed around while in this day and age the middle class is squeezed, most people go downward.

When you have a lot of people working in a large company, seizing the company and turning it over to the workers isn't seizing someone's property, it's handing the workers the means of production they are entitled to.