When a Socialist is in charge...

L

Legion

Oderint dum metuant
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When Alexandria Ocasio-Cortezs' ideas were implemented, it looked something like this

Five million Venezuelan bolivars is the equivalent of $1.45. It's also roughly a minimum-wage worker's entire monthly salary in the South American country.

Thanks to stunning inflation, it now takes 1 million bolivars to buy a cup of coffee in a Venezuelan cafe, Bloomberg reports. That's one-fifth of Venezuela's monthly minimum wage, and a 10,000-bill stack of Venezuela's most common bank note, the 100-bolivar bill.

To illustrate Venezuela's rampant inflation, Bloomberg has tracked the price of a cup of coffee since December 2016 on its Cafe Con Leche index. One dose of caffeine cost 450 bolivars when the index launched two years ago, but 43,378 percent inflation in the last year has led to today's astronomical price.

Additionally, if the pace of inflation over the past three months continues, Bloomberg estimates that inflation would be 482,153 percent after a year.

http://theweek.com/speedreads/781952/minimumwage-worker-venezuela-could-afford-5-cups-coffee-each-month--nothing-else
 
Check Norway, Sweden, Finland and the other peaceful socialistic countries with the highest rates of happiness? Of course not. Cherry picking is all you have.
 
Legion said:
Nice try. Norway, Sweden, Finland are not ruled by Socialism.
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Sure they are.. and they are all prosperous and successful.. They enjoy a very high standard of living, good healthcare and a clean environment.

The tragedy of VZ is not their recent experiment with socialism .. although that didn't help.

You might look at Venezuela's history going back to the late 1930s.
 
krudzu said:
Sure they are..
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No, they aren't.

Social Democracy is not Democratic Socialism.

In the Scandinavian countries, like all other developed nations, the means of production are primarily owned by private individuals, not the community or the government, and resources are allocated to their respective uses by the market, not government or community planning.

While it is true that the Scandinavian countries provide things like a generous social safety net and universal healthcare, an extensive welfare state is not the same thing as socialism. What idiots think is socialism is actually social democracy, a system in which the government aims to promote the public welfare through heavy taxation and spending, within the framework of a capitalist economy.

This is what the Scandinavians practice.

The Scandinavians embrace a brand of free-market capitalism that exists in conjunction with a large welfare state, known as the “Nordic Model,” which includes many policies that democratic socialists would likely abhor.

For example, democratic socialists are generally opponents of global capitalism and free trade, but the Scandinavian countries have fully embraced these things. The Economist describes the Scandinavian countries as “stout free-traders who resist the temptation to intervene even to protect iconic companies.” Perhaps this is why Norway and Sweden rank among the most globalized countries in the entire world. These countries all also rank in the top 10 easiest countries to do business in.

https://fee.org/articles/the-myth-of-scandinavian-socialism/
 
Legion said:
Dgx-2PyVAAg3txa.jpg

When Alexandria Ocasio-Cortezs' ideas were implemented, it looked something like this

Five million Venezuelan bolivars is the equivalent of $1.45. It's also roughly a minimum-wage worker's entire monthly salary in the South American country.

Thanks to stunning inflation, it now takes 1 million bolivars to buy a cup of coffee in a Venezuelan cafe, Bloomberg reports. That's one-fifth of Venezuela's monthly minimum wage, and a 10,000-bill stack of Venezuela's most common bank note, the 100-bolivar bill.

To illustrate Venezuela's rampant inflation, Bloomberg has tracked the price of a cup of coffee since December 2016 on its Cafe Con Leche index. One dose of caffeine cost 450 bolivars when the index launched two years ago, but 43,378 percent inflation in the last year has led to today's astronomical price.

Additionally, if the pace of inflation over the past three months continues, Bloomberg estimates that inflation would be 482,153 percent after a year.

http://theweek.com/speedreads/781952/minimumwage-worker-venezuela-could-afford-5-cups-coffee-each-month--nothing-else
Click to expand...

The US and CIA have been fucking up/with Venezuela for ages. It's what we do. Jesus, dig around some.
 
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