Posted on 07/31/2024 12:11:48 PM PDT by JV3MRC
The New York Times had the temerity to actually blame free markets for Venezuela’s descent down the economic cesspool under socialist dictator Nicolás Maduro.
Who in their right mind would actually consider Venezuela a beacon of capitalism in South America? Apparently The Times. The newspaper claimed in a July 28 news item that “in recent years, the socialist model has given way to brutal capitalism, economists say, with a small state-connected minority controlling much of the nation’s wealth.”
The newspaper, whose report was addressing the dubious presidential election results in the socialist country, cited no specific cohort of "economists" who made the asinine claim that capitalism, as opposed to socialism, was at fault for Venezuela’s economic upheaval. The leftist rag apparently also didn’t realize the contradiction in railing against a “state-connected minority controlling much of the wealth,” like that has anything to do with capitalism in the first place.
Perhaps The Times should have read its own columnist Bret Stephens’s 2019 piece headlined, “Yes, Venezuela Is a Socialist Catastrophe.” Oof.
(Excerpt) Read more at newsbusters.org ...
That’s just routine kleptocrat corruption, not capitalism.
President Retard lifted sanctions for the dictator and propped him up.
Did they mention that? I didn’t think so
The Chinese tell the Democrat Crime Families what our press will say.
Stinking press crooks supporting The Democrat Party Organized Crime Syndicate.
The capitalists who were not murdered fled for their lives.
it is the same thing here in America, where the left blames conservatives and capitalism for the decline of the cities.
New York Times is about as accurate as the National Inquire anything to pimp democrats reason to go Marxist.
“Crony capitalism”, not “brutal capitalism”. Crony capitalism selects winners and losers on the basis of government fiat, not competition. Brutal capitalism has no such government based selection plan, it is on the order of “last man standing”, which goes on to become a monopoly.
> the socialist model has given way to brutal capitalism <
I don’t think the ‘New York Times’ is very wrong there. What they don’t get is that socialism ALWAYS devolves into some form of government where a small group of people control everything.
There are much better terms. But guess you could characterize that as “brutal capitalism” because everyone will compete for the favor of that small group.
Venezuela has the worlds largest oil reserves, est 17% world total. When the socialist came to power, they kicked out all the Foreign companies running all the rigs and offshore wells. All the Western engineers with 30-40+ years experience and knowledge in efficiencies and rig management. Kicked them out without even letting them train Venezuelan replacements. There were Venezuelans in the pipeline and being mentored, but not nearly enough. Production tanked, safety incidents sky rocketed.
Venezuela was the 3rd richest country in the southern hemisphere in the early 1990s. It should be there or arguably higher had democracy and a free capitalist market prevailed.
While I feel bad for the average Venezuelan, they literally got what they voted for.
Who really knows, their elections are rigged. Like ours.
Isn’t that the cloward piven strategy? To use socialism to destroy the nation then blame Capitalism for its demise.
He only says that about rigged elections that are providing cover for brutal thugs.
Hey, New York Slimes ... right again ... Bwhahahahahahahaha
The New Gaslight Times
https://x.com/elonmusk/status/1818349351636484215
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Jesús Enrique Rosas - MAKE VENEZUELA GREAT AGAIN
@Knesix
I know I should remain unbiased but there is no way I can avoid making this statement.
After reviewing Kamala Harris’ policies and speeches, and after lived the whole spectrum from the richest country in Latin America to today’s dictatorship,
I can say without any shadow of doubt that if she becomes President of the United States she will speedrun the US into how Hugo Chávez destroyed Venezuela.
If you need just one example, take a look at her stance on illegal immigration. What was started by Joe Biden will be dialed up to 11 by the Harris administration. I am not making this up; she has said that herself.
If you’re voting for Kamala Harris, note that at no point in this post I’ve attacked her personally. I haven’t attacked Chávez personally, either. I have spoken about their policies and results, saving distances between the short and long term.
So, if you’re voting for Kamala Harris, how do you justify her stance about illegal immigration?
Note that if you treat illegal and legal immigration as one and the same, you’re not ready for this conversation. And if you bring Donald Trump as an argument, that will confirm that you, indeed, have no arguments against Kamala Harris’ illegal immigration policies.
If that’s the case, the only thing I can do is wish you good luck. You will most likely need it.
https://x.com/Knesix/status/1818243665942216999
Milton Friedman maintains that monopolies are hard to maintain, unless government enforced. There was a time when IBM, “big blue” looked invincible, and along came Apple and Microsoft. Charging “unfair” prices invites competition. It is likely that 50 years hence, people will have nearly forgotten Microsoft and Apple. Today RCA is just a label, it doesn’t make anything. Fifty years ago it was an electronics powerhouse, that owned NBC. What the hell is NBC?
AT&T was the largest corporation in the world 50 years ago, it was acquired for $16 billion by a former baby Bell in 2005.
And that is why it is so important to re-elect President Trump. He has native instincts on managing paradigm shifts that his buttboy Chatsworth Osbourne Jr and many Freeptards completely lack.
Yes
The NYT is confusing capitalism with Marxist Kleptocracy
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