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Topic	Socialism is being blamed for Venezuela's corrupt capitalism
ScazarMeltex 08/06/17 11:49:47 AM #6:	Transcendentia posted... Venezuela seized and nationalized different sectors of the economy, overspent on welfare programs, tried to increase the minimum wage over and over, and devalued their currency through their spending and borrowing. Their most recent leaders were socialists who ran on campaigns of promising to help the poor and redistribute the wealth. Etc. It wasn't even that they nationalized it. That would imply that it's still there. They literally bought up huge chunks of their economy and then shut it down. --- "If you wish to converse with me define your terms" Voltaire <cite>ScazarMeltex posted [p:884283149] in Socialism ... [t:75643443]...</cite> <quote><cite>Transcendentia posted...</cite> <quote>Venezuela seized and nationalized different sectors of the economy, overspent on welfare programs, tried to increase the minimum wage over and over, and devalued their currency through their spending and borrowing. Their most recent leaders were socialists who ran on campaigns of promising to help the poor and redistribute the wealth. Etc.</quote> It wasn't even that they nationalized it. That would imply that it's still there. They literally bought up huge chunks of their economy and then shut it down. --- "If you wish to converse with me define your terms" Voltaire</quote> ... Copied to Clipboard!
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