Chavezs main hold on power has been oil wealth, and showering his supporters with it. That is vanishing before his eyes. He may well be dispatched in short order.
What? You mean socialism does not work???? How can that be ??
Off shore oil is the only thing keeping the socialist Republic of California going, and those nuts want to cut off their own spigots. At least Chevez and the Veni’s know they need to keep pumping. They are smarter than the average Californian.
“What? You mean socialism does not work???? How can that be ??”
You know what is amazing? Many of the oil producing countries are socialist, or close to it (Middle East, Russia, Venezuela).
Oil wealth is as close to “free” money as you can get. Outside interests pay for the infrastructure development. All these governments need to do is stand back and wait. Then, they either tax the hoo-ha out of the oil or nationalize the industry.
And yet, all of these countries have poor populations. Every single one of them has the same poverty problem. Free money + socialism SHOULD equal prosperity for all, right?
It proves the fallacy of socialism. It creates more of a have/havenot state than capitalism. I’ve seen it in China. The rich vs. poor there is astounding compared to the US.