Venezuela is Starving

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wsj.com/articles/venezuela-is-starving-1493995317

“Her country was once Latin America’s richest, producing food for export. Venezuela now can’t grow enough to feed its own people in an economy hobbled by the nationalization of private farms, and price and currency controls.”

Much has been said about this but there has been conspicuous silence from the Catholic Church. It seems we get daily condemnations of western materialism, capitalism and, the latest boogieman, libertariansm. Where is the condemnation of the Venezuelan government and their horrendous policies?

More and more I grow frustrated with this pope and his ideology.
 
Strange isn’t it.

The countries next to Venezuela are not starving.

Venezuela has almost the largest supply of oil to sell.

So how come Venezuela is starving?
 
Monte_RCMS said:
Strange isn’t it.

The countries next to Venezuela are not starving.

Venezuela has almost the largest supply of oil to sell.

So how come Venezuela is starving?
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One word; socialism.

I don’t even need to mention Margaret Thatcher’s spot on quote about it.
 
PluniaZ said:
You can thank US economic sanctions - that oughta show those poor people in the third world not to do what tell them!

en.wikipedia.org/wiki/United_States%E2%80%93Venezuela_relations
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From your link:
Relations between the two countries have plunged to their worst level in years after the **United States imposed economic sanctions against the Government of Venezuela due to abuses against protesters **during the 2014–15 Venezuelan protests and allegations by the Venezuelan government that the United States was attempting to institute a coup.
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Seems there was a fairly good reason for the US, under Barrack Obama it should be noted, not to want to support a government that is abusing peaceful protesters.

Even at that, Venezuela has some of the largest oil reserves in the world. The US isn’t the only market in the world for Venezuela’s oil.
 
Tim_D said:
One word; socialism.

I don’t even need to mention Margaret Thatcher’s spot on quote about it.
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There’s a second great quote I once came across. If socialists understood economics, they wouldn’t be socialists.
 
In_Hoc_Signo312 said:
There’s a second great quote I once came across. If socialists understood economics, they wouldn’t be socialists.
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Good one. There’s also the quote from Winston Churchill that if you are in your 20’s and you aren’t a liberal, then you have no heart. If by your 40’s you aren’t conservative, you have no brains!
 
Tim_D said:
Good one. There’s also the quote from Winston Churchill that if you are in your 20’s and you aren’t a liberal, then you have no heart. If by your 40’s you aren’t conservative, you have no brains!
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Well, I guess i have no heart, then.
 
“Even at that, Venezuela has some of the largest oil reserves in the world.”

It’s kind of a detail, but not all oil reserves are created equal, and Venezuela’s are a lot more like Canada’s oil sands than Saudi Arabia’s light sweet crude, which means they are technically and economically challenging to get out of the ground. Nevertheless, the political power is an important factor as well. I think Daniel Yergin once wrote that Albertans should erect a monument to Hugo Chavez in downtown Calgary to thank him for driving investment away from his country to theirs.
 
Venezuela isn’t socialist. Socialism is the abolition of capital, wage labour and commodity production.
 
ANV said:
Wasn’t Jesus a hard socialist?

Source: The Bible
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Jesus wasn’t a socialist. It’s totally ahistorical to say that anyone from the first century was a socialist.

I guess you could say that Christian teaching supports socialism, but that would be a different argument.
 
ProVobis said:
Have they or any other country around them ever been NOT?
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Then put it this way; the nationalization of industry and wealth in Venezuela that was supposed to bestow upon all the good things in life for free has come to a bust and now the country cannot even feed itself. It is one thing to be socialist; it is another to think that taking from those who have to give to those who don’t and who don’t contribute will make everyone content. * “The problem with socialism is that eventually you run out of other people’s money.”*
 
ANV said:
Wasn’t Jesus a hard socialist?

Source: The Bible
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Actually, no, He wasn’t. There was no such thing as the 21st century understanding of western socialism in 1st century Judea.
 
ProVobis said:
Have they or any other country around them ever been NOT?
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I looked it up: there are 33 countries and 15 “dependencies” in Latin America. They have their ups and downs. But only Venezuela of the 48 places is starving. And Venezuela has a huge amount of oil that they can load and ship.

But they are starving.
 
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