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"What socialist policy failed in Venezuela?" Noam Chomsky asks me rhetorically. "The policies of allowing virtually free rein to capital for enrichment?"

Noam should live there. But he doesn't. Yeah, it was socialism.

1 posted on 03/30/2019 4:13:12 AM PDT by Libloather
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To: Libloather

The Venezuela government siezed control of the means of production, and distribution of various industries. Text book socialism.


2 posted on 03/30/2019 4:18:21 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Libloather
Milton Friedman could be President of Venezuela and it would still be a corrupt, third-world hell hole.

Corruption is endemic to South America.

As much as the Spanish language it bathes everything down there.

3 posted on 03/30/2019 4:20:07 AM PDT by billorites (freepo ergo sum)
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To: Libloather
So, am I to understand that the reason socialism failed is because they didn't do it correctly....again?

Has to have the worst track record of implementation because it's never done correctly, somehow and keeps failing - this time because of "corruption". As if a fundamentally flawed system like socialism isn't inherently corrupt.

4 posted on 03/30/2019 4:20:33 AM PDT by Sirius Lee (In God We Trust, In Trump We MAGA)
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To: Libloather

Corruption is the other side of the socialist coin. You can’t have the one without the other.


5 posted on 03/30/2019 4:20:57 AM PDT by Gen.Blather
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To: Libloather
I saw this very same argument on DU a few weeks back. And the funny thing is, they said that while socialism absolutely will work if we'll just try it, somehow it always gets spoiled by kleptocrats - essentially the same argument above.

Nothing wrong with socialism, mind you. It has never failed. It's just that somehow kleptocrats keep messing it up. Think about that.

6 posted on 03/30/2019 4:21:12 AM PDT by Hardastarboard (Three most annoying words on the internet - "Watch the video")
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To: Libloather

Seems to me that corruption and socialism are two sides to the same coin.

However, I also believe that corruption and government are two sides to the same coin.


7 posted on 03/30/2019 4:22:09 AM PDT by where's_the_Outrage? (Drain the Swamp. Build the Wall.)
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To: Libloather

Unfamiliar with the concept of a syllogism?

1.) Concentration of power facilitates corruption.

2.) Socialism concentrates power.

3.) Therefore, socialism facilitates corruption.


8 posted on 03/30/2019 4:24:19 AM PDT by Lonesome in Massachussets (Schumer delenda est.)
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To: Libloather

9 posted on 03/30/2019 4:24:50 AM PDT by OttawaFreeper ("The Gardens was founded by men-sportsmen-who fought for their country" Conn Smythe, 1966)
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To: Libloather

They’re one and the same!


10 posted on 03/30/2019 4:25:10 AM PDT by Artcore (Trump 2020!)
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To: Libloather
So it wasn't socialism, it was just the wrong people in charge... again.

What is it about socialism that the wrong people get in charge every single time? Could it be that governments and economies just don't mix? In which case the problem is socialism.

The only half way good socialism is like in the Scandinavian countries where they saw they were falling behind in the 70s and 80s, sold off their state owned industries and became former socialists without needing a bloody revolution to do it.

11 posted on 03/30/2019 4:25:28 AM PDT by KarlInOhio (Leave the job, leave the clearance. It should be the same rule for the Swamp as for everyone else.)
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To: Libloather
"No serious person makes this argument," says Richard D. Wolff, professor emeritus in economics at the University of Massachusetts–Amherst.

Nor do True Scotsmen!

14 posted on 03/30/2019 4:27:40 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Libloather

Corruption - Socialism
What’s the difference?


15 posted on 03/30/2019 4:27:53 AM PDT by ImNotLying (The Constitution is an instrument for the people to restrain the government...Patrick Henry)
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To: Libloather

16 posted on 03/30/2019 4:28:06 AM PDT by P.O.E. (Pray for America)
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To: Libloather

The author assumes it’s possible to have socialism without corruption, that the people given total control of the economy won’t use that to enrich themselves.


18 posted on 03/30/2019 4:30:50 AM PDT by SauronOfMordor (Socialists want YOUR wealth redistributed, never THEIRS!)
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To: Libloather

“They just didn’t do it right”


20 posted on 03/30/2019 4:33:23 AM PDT by headstamp 2
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To: Libloather

Hahahah lol....This dumb@ss doesn’t realize that corruption is the end game of all socialism...


21 posted on 03/30/2019 4:33:27 AM PDT by nikos1121 (A day without my cryptogram is like a day without sunshine...)
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To: Libloather

Hahahah lol....This dumb@ss doesn’t realize that corruption is the end game of all socialism...


22 posted on 03/30/2019 4:33:48 AM PDT by nikos1121 (A day without my cryptogram is like a day without sunshine...)
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To: Libloather

Chomsky is on my Airport List.

L


23 posted on 03/30/2019 4:34:13 AM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending it is.)
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To: Libloather

If it wasn’t for a capitalist system, our current corrupt government would have buried this country a long time ago under a socialist model.


24 posted on 03/30/2019 4:35:41 AM PDT by headstamp 2
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To: Libloather
Richard David Wolff is an American Marxian economist, well known for his work on Marxian economics, economic methodology, and class analysis.

James Galbraith is a son of the renowned economist John Kenneth Galbraith.

Stopped reading there...

25 posted on 03/30/2019 4:36:40 AM PDT by DoodleBob (Gravity's waiting period is about 9.8 m/s^2)
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