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Venezuela’s Human-Capital Flight. Kamala Harris wants equal outcomes for all. Hugo Chávez promised the same.
Wall Street Journal ^ | November 8, 2020 | Mary Anastasia O’Grady

Posted on 11/09/2020 4:37:09 AM PST by karpov

In an animated video clip posted to Twitter on Nov. 1, Democratic Vice-Presidential candidate Kamala Harris argued that America needs to strive not for equal treatment of individuals but for equity. “Equitable treatment,” she explained, “means we all end up at the same place.”

Efforts to guarantee outcomes are at odds with what it means to live in a free society where equality under the law is the guiding principle. So either Ms. Harris was blowing smoke or she wants to change America into a place where liberty takes a back seat to central planning. The latter is called socialism, a system that is not particularly kind to the poor.

Hugo Chávez also promised to make everyone in his country equally well-off. The concept sold in a nation that believed it was infinitely rich because it was swimming in oil. Intellectuals reasoned that he ought to stick it to the haves. When he did, they packed their bags and left.

Of the more than four million Venezuelans who are estimated to have fled their country since 2015, many are unskilled workers who have been forced into menial labor or lives as mendicants in foreign countries. Images of their march into exile have provoked compassion and grief across the globe.

Yet it is the flight of the knowledge worker that has done the most harm to the nation. As one Venezuelan economist told me recently, “you can be sure that the country’s most skilled professionals were among the first to leave and valued tradesmen were not far behind.”

The Bolivarian revolution’s earliest large-scale assault on know-how came during a lockout at the monopoly oil company Petróleos de Venezuela (PdVSA) in December 2002.

(Excerpt) Read more at wsj.com ...


TOPICS: Foreign Affairs
KEYWORDS: harris; hugochavez; kamalaharris; venezuela
full article
1 posted on 11/09/2020 4:37:09 AM PST by karpov
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To: karpov

I don’t know if Kamala believes in anything. I suspect she’s just a climber who was literally willing to do anything to get ahead (Willie Brown). She does the SJW pose because that’s what her crowd and her donors wanted.

Will she really push all that stuff? Maybe, if her crowd makes her, but I doubt she personally cares.


2 posted on 11/09/2020 4:43:07 AM PST by TimHads (Think long term, not short term. Selling out working class to get Black vote is bad.)
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To: karpov

bttt


3 posted on 11/09/2020 4:51:00 AM PST by Pajamajan ( PRAY FOR OUR NATION. I will never be a peaceful slave to a Socialist new America.)
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To: karpov

And so it begins


4 posted on 11/09/2020 4:53:59 AM PST by eeriegeno
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To: karpov

Why doesn’t full equity mean we all get stinking filthy rich


5 posted on 11/09/2020 4:54:45 AM PST by Hambone 1934 (WE all know President)
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To: karpov

This is why we left Seattle/Tacoma.

Harris will be the next potus, after Biden gives up his placeholder status or just by telling him what to do.

Its time to begin breeding tauntauns.
They will thrive in our northern Michigan climate.


6 posted on 11/09/2020 4:58:18 AM PST by MarMema
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To: karpov

Says the Harris/Biden supporting WSJ. Another Murdoch rag.


7 posted on 11/09/2020 4:58:48 AM PST by angmo (#joeknew)
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To: TimHads
"I don’t know if Kamala believes in anything. I suspect she’s just a climber who was literally willing to do anything to get ahead."

I've known small rodents with more going for them then she has. The really bad part is this human skid mark is going to be president of the US probably within six months. Can you even BEGIN to imagine the chaos that our country will suffer... :(

God sure in mad at the USA..

8 posted on 11/09/2020 5:01:28 AM PST by unread (A REPUBLIC..! If you can keep it....)
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To: karpov

I want an NBA contract and to score the same number of baskets as LaBron James. I know I am a 5’8” 71 year old white male with sore feet and ankles but equal out comes demand I succeed dispite lack of ability, interest or effort.


9 posted on 11/09/2020 5:06:04 AM PST by carcraft (Pray for our Country)
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To: TimHads

Do you think any of them do, and that it would matter? Obamacare was written by insurance agencies and the AMA. Nancy admitted she hadn’t even read it!

There are billions of dollars at work creating the new socialist utopia, and you better believe they want America taken out. Our freedom is anathema to them, and their zealots will be happy to man the reeducation centers and the new (soylent) green energy processing facilities.


10 posted on 11/09/2020 5:15:35 AM PST by antidisestablishment
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