Half the Venezuelan economy has disappeared

[hunter_alien]

DarthVolod said:

hunter_alien said:

Now this is a tricky comment. One, Venezuella is not a prime example of working socialism, that would be a country like Norway. Second, there were plenty of destabilizing factors directed by certain... ahem... political entities, against that country. The fact that the US wants to create yet another South Maerican puppet state is not a secret.

So the means of production are all state owned in Norway now? It is more accurate to say Norway is capitalist in economic terms, but they also heavily tax and provide a large welfare state ... not exactly pure socialism if you ask me; more a mixed social democracy concoction. 

Destabilizing factors ruined Venezuela? I know US relations with them have been crap for a long time but that is one hell of a reach to pin the blame on the US while ignoring the dictator and the whole state run economy society-destroying socialism they embraced. 

Just wanted to point out how superficially we handle and discuss the sittuation. Obviously Norways is no a puely socialist country, but Venezuella is also far from it. But thinking that only one economical model can work for every political system usually leads to mass casualties on both sides.

Venezuella is a great example of socialism that went haywire while something like India or Pakistan proves that capitalism is nowhere near a perfect model for all societies. The obvious reson would be to ry and find a middle ground, but no, we rather put labels on systems and yell how poor the one that we do not support is.