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 Stirlingsays  08 Aug 17 6.52pm |
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Originally posted by nickgusset
What's happening in Venezuela isn't socialism. What happened in Venezuela was ideological socialism...Chevez destroyed the private sector and investment and was guilty of many many human rights abuses...even when your mate was praising him to the hills....Just like many praised that murderer Castro. What's happening now is authoritarianism....which can be independent of left or right.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| steeleye20 Croydon 08 Aug 17 7.01pm |
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Whatever political system emerges in Venezuela they will have to cope with their dependence upon oil revenue. The price crashed which is not too much of a problem with market fluctuations but this time the demand has probably gone forever and that is their oil is just no longer required. The necessary diversity into other industries during the times of plenty did not happen. Saudis have been preparing for the time when the oil runs out looks like they didn't here.
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| Stirlingsays 08 Aug 17 7.15pm |
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Originally posted by steeleye20
Whatever political system emerges in Venezuela they will have to cope with their dependence upon oil revenue. The price crashed which is not too much of a problem with market fluctuations but this time the demand has probably gone forever and that is their oil is just no longer required. The necessary diversity into other industries during the times of plenty did not happen. Saudis have been preparing for the time when the oil runs out looks like they didn't here.
According to what I've seen Chavez did try to diversity....but it failed....funny but it turns out that business people aren't that willing to invest their cash when the government is shouting 'revolution' every ten minutes.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| chris123 hove actually 08 Aug 17 7.22pm |
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Originally posted by Stirlingsays
According to what I've seen Chavez did try to diversity....but it failed....funny but it turns out that business people aren't that willing to invest their cash when the government is shouting 'revolution' every ten minutes. They used to big coffee producers.
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| steeleye20 Croydon 08 Aug 17 7.28pm |
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Originally posted by Stirlingsays
According to what I've seen Chavez did try to diversity....but it failed....funny but it turns out that business people aren't that willing to invest their cash when the government is shouting 'revolution' every ten minutes. Why would anybody want to impose sanctions upon Venezuela how could it possibly help the average Venezuelan? Russia has the right attitude to sanctions, stay strong they can do their worst.
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 Hrolf The Ganger 08 Aug 17 8.38pm |
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Originally posted by steeleye20
Why would anybody want to impose sanctions upon Venezuela how could it possibly help the average Venezuelan? Russia has the right attitude to sanctions, stay strong they can do their worst. You should go and live there.
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| nickgusset Shizzlehurst 08 Aug 17 9.12pm |
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Originally posted by Hrolf The Ganger
You should go and live there. Did you also blow a raspberry while you typed that?
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| Hrolf The Ganger 08 Aug 17 9.41pm |
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Originally posted by nickgusset
Did you also blow a raspberry while you typed that? I felt compelled to post that given the poster concerned. If it had been you I'd have sent a picture of a robot.
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| jamiemartin721 Reading 09 Aug 17 5.06am |
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Originally posted by hedgehog50
Governments on their own can't achieve these things, you need to encourage and support business to create a successful economy and let market forces work out. The Venezeulan government has done the opposite with predictable results.
Yeah I agree with this to an extent, you can only achieve results if you include all of society pulling together towards a goal - but that also means regulation of industry and business to prevent it becoming exploitive. Business is a part of society not separate to it. If you don't you have the prevalent situation across the world where in business profits only the few rather than all. Prwe Chavez capitalism in the country was also failing to provide for the people of Venezuela resulting in the rise in of socialism.
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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| Stirlingsays 09 Aug 17 5.26am |
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Originally posted by jamiemartin721
Yeah I agree with this to an extent, you can only achieve results if you include all of society pulling together towards a goal - but that also means regulation of industry and business to prevent it becoming exploitive. Business is a part of society not separate to it. If you don't you have the prevalent situation across the world where in business profits only the few rather than all. Prwe Chavez capitalism in the country was also failing to provide for the people of Venezuela resulting in the rise in of socialism. I agree to an extent....what was it before Cameron got into power, no one at the top should earn more than...20 to 1...compared to the lowest paid employee. On an ethical level I think most of us...outside of rabid capitalists could agree with some figure like that.....However, on a practical level how on earth do you enforce that and not have business say....look I'm investing somewhere else where we can have a similar safe environment but our people can earn a lot more?....Where do you think the talent is going to go? It works in a world with one government or limited choices but it doesn't work in a competitive global economy.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| jamiemartin721 Reading 09 Aug 17 1.33pm |
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Originally posted by Stirlingsays
I agree to an extent....what was it before Cameron got into power, no one at the top should earn more than...20 to 1...compared to the lowest paid employee. On an ethical level I think most of us...outside of rabid capitalists could agree with some figure like that.....However, on a practical level how on earth do you enforce that and not have business say....look I'm investing somewhere else where we can have a similar safe environment but our people can earn a lot more?....Where do you think the talent is going to go? It works in a world with one government or limited choices but it doesn't work in a competitive global economy. If we take a basic assumption that someone at the bottom is earning 20k a year in a corporate company - then the top bracket is 400k a year - Even with Bonus schemes maybe 1% And behind them, are any number of 'next generation' high flyers waiting for a chance to replace them Which isn't likely to create a 'massive exodus of talent', and of course where would they go; the demand for top level executives isn't really going to be well suited by a deluge of individuals. In truth I think you'd need to make exceptions for legitimate investors, owners and shareholders earnings and tackle that separately. Sure investors could go elsewhere - but then the government would need to restrict their access to British Markets and profits from the UK. Its only really those at the very top that are likely to be earning 400k per year....
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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| matt_himself Matataland 09 Aug 17 2.52pm |
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Maradona supports Maduro:
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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