Venezuela. What went wrong?

Not if they conquer the world it isn't.

So, Holla Forums, are Venezuelans finally reaching real communism now?

maduro started a military government as long as i know, so maybe in 3 or 4 years they could possibly call themselves a socialist nation.
but to achieve true communism, it takes at least 100 years.

so, if everything goes right, in 104 years venezuela will be a proletariat utopia

Why? What happens during these 100 years?

No because a) not all centrally planned economies have to be reliant on one particular export and b) oil prices weren't destined to collapse, they were made to collapse.

The transition.

I know some lads in Langley who might have a thing or two to say about that.

Que coño de la madre pasa en ese video? Malditas cárceles deberían de ser bombardeadas hasta que no quede ni polvo.

Fue un tipo que violo y mato a un niño que esperabas? es las cárceles eso es una pena de muerte asegurada

Lack of industrialization.

Harping about muh oil prices is retarded. It's as if it wasn't obvious from the get go that it will happen.

That's not how planned economy works.

It clearly didn't make you think.

Fascists have no interest in abolishing private property or commodity production.

Venezuelan prisoner burned with boiling plastic and forced to eat the flesh of a dead human body

they never had any real plan at all to lay the foundations of any institutions which could supersede capitalist institutions. if the first things you're not doing is building institutions so you don't need to be dependent upon private banks to provide liquidity to businesses your going to end up crashing bad when anything like interest rates rise, value of staple commodities decrease, etc, etc…

the economy was never actually centrally planned in any way beyond the fact the nationalized oil sector was the biggest sector so it played the leading role in the economy obviously

Libya overthrown by Obama Administration.

Venezuela undermined by U.S. telesurtv.net/english/news/Clinton-Emails-Reveal-Direct-US-Sabotage-of-Venezuela-20160726-0041.html

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Angola has social democracy/capitalism and it's having the same problems

Nothing went wrong. The socialist policies of Venezuela is doing what exactly what it's designed do - it brought socialism to Venezuela. When you stop capitalism - death, misery and destruction follows.

I just wished most of Holla Forums could be there to feel what it like on their backs, instead of being comfy in mum's basement.

Just remember Holla Forums - it's not true socialism.

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Also, Chávez explicitly said that he was not socialist (and that he was a humanist, as something that goes beyond capitalism and socialism) in 1998, then was yelling about socialism and the people a few years later.

He's just a skilled bullshitter that knows how to steal shitloads of money while making a lot of people happy. The son of a bitch came in at the right time and died at the right time.

And yet you refuse to listen to me.

I came from a third-world capitalist country. Let me tell you something, it's shit. I wish you would get up your filthy ass and come here so you can experience it yourself. I find it funny that the disasters of these countries are never focused on as much by the Western media and are never blamed on capitalism. Just remember you imbecile, it isn't real capitalism.

See

Because those countries have already been fucked up for ages, nobody gives a shit about an article saying "this country is still as shitty as it was 3 years ago"

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socialism

Tell me again when oil prices hit 40 dollars a barrel?

so what, maybe people like not having to share sometimes.

read a fucking book

why should someone share their business with you?

Why should I share my labor with someone?

Sounds like Venezuela before the oil crash.

To have a place to work and have a steady income.

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how about you start a business where you don't have to work for someone.

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so why not

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washingtonpost.com/world/africa/an-oil-boom-made-it-the-most-expensive-city-in-the-world-now-its-in-crisis/2016/08/02/adf777e8-31c2-11e6-ab9d-1da2b0f24f93_story.html

The difference between Venezuela and Angola in large part has to do with inequality. Chavez and the socialists redistributed the oil profits and used it to make people better living there. In Angola the oil profits went to a small amount of elite, as is typical of capitalism. Since capitalists spend less of what they make of course they'll be less inflation. But now things are going to shit even tho most people didn't have much to get by to begin with, because whatever was trickling down before is gone. The difference before and after in Venezuela is in part more prominent because more people had more before, while most people didn't have anything at all in Angola.

newleftreview.org/II/99/julia-buxton-venezuela-after-chavez

You dont have to?
No one is forcing you, like Marx ever worked XD
Ask the gov to gib u food so u can wank to hentai all day fatty

Doesnt work that way you imbecille, learn economics 101.
Venezuela didnt create any value, they didnt have anything beside oil, people didnt work, they didnt create anything of value to sell to the global market, and no, selling bananas doesnt change anything.
When oil became cheap they died because no investment was done by either gov or people, saudi that has less oil didnt die out, they had huge investments in Europe and other parts of the world that they withdrawed to maintain, while venezuel, like the gommunist retards they are starve to death.

You misunderstand my point. Angola did the same thing. The practice isn't reserved for centralized economies.

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Other social democratic countries, like the Scandinavian countries, have functioning economies that are in many ways more free-market than the US. They just spend a ton on welfare. Venezuela, not so much.

venezuela's problem is that the government locked the market down so they could steal more shit