Venezuelan Cash Worth Less Than WoW Gold

[Deleted]

I seriously hope you do understand that it's impossible for him to do so.

The turkish people thought the same about Erdogan.

Last weekend was a show trial against Cumhuriyet, the last free newspaper of turkey, denouncing them as gulen-terrorists.

I pray for america that you dont have a major terror - or catastrophe incident during trumps rulership.

Or he is going to turn your country into something comparable.

[Taso]

And he tries to get rid of them. Starting at the free press and denouncing them as "fake news".

Doesn't Merkel have unlimited power along with the president of Germany? Like they could decide to declare emergency and dissolve parliament?

[Deleted]

Doesn't Merkel have unlimited power along with the president of Germany? Like they could decide to declare emergency and dissolve parliament?

Merkel hasnt unlimited power.. She is the prime minister of germany (we call it chancellor). The president is the main representative of germany. In america, you have both roles in one hand.

The german president is a social democrat (center-left). Merkel is a christian conservative (center-right).

Merkel cant create any single law without the parliament and the federal senate, made out of the country primie minsters.

Merkel cant do executive orders outside of laws. Everything she wants to do has to be acknowledged by the german bundestag and bundesrat.

[Taso]

Merkel hasnt unlimited power.. She is the prime minister of germany. The president is the main representative of germany. In america, you have both roles in one hand.

The german president is a social democrat (center-left). Merkel is a christian conservative (center-right).

Ok. I'm still stuck in the Weimar Republic mindset. (: actually that reminds of a time when the president and vp where two separate parties untill it became chaotic.

[Almaric]

Another communist that's confused on what the final result of socialism always ends up being.

Bitch please, you just proved yourself clueles, communism=socialism? Ye right, maybe they teach that in alt-reich schools.


[Infracted]

[Taso]

Bitch please, you just proved yourself clueles, communism=socialism? Ye right, maybe they teach that in alt-reich schools.

Socialism is a in between stage of capitalism and communism. Both have never existed as much as people like to say they did. From their you have two ways to go and this using evolution. You can go all the way to the left communism or go all the way to the right laissez faire capitalism.
Outside of those two are third position such as peronism, fascism and Nazism.
So I dont get how people are ignorant on this. I thought college educated people on ideology.

[AlphaOut]

Another Trumpdrone confusing Socialism with Totalitarianism. Please go back to school.

Why don't you explain how Venezuela is not a Socialist country. Please, I'd like to hear what you have to say. Because as far as I recall, they've been a Socialist country since what? 1998? 1999? Fast forward 15 years and they went into recession due to an incredible amount of inflation. And lets not confuse how Socialism eventually turns to Totalitarianism due to the failure of the initial Socialist structure, where a drastic measure is taken due to the ongoing corruption that Socialism has a tendency to create.

You see, Socialism is great for a very short time, but time and time again it has proven to fail. It failed last century in many countries, and it will continue that trend. Essentially, we look at the market to determine an economy right? Now tell me, if a market has zero incentives, how will it be successful long term? The answer is simple, it won't. That's Socialism in a nutshell.

Lets take a Capitalist economy for example. Incentives are extremely important. Market prices, the profit and loss system of accounting, and private property rights provide an efficient, interrelated system of incentives - which in turn keep an economy rolling.

Now lets look at Socialism. Incentives hardly exist. Planning a centralized economy without market prices or profits, and property owned by the state makes no incentives to drive businesses and promote economic activity. Since we as humans are driven by incentives, Socialism is just a theory that goes against human nature, which in turn is doomed to fail. Every single time.

Why did I type all this? Because if you actually went to school (or back to school?), as you told someone else, you'd have learned their economic structure is an exact pairing of Socialism. Sure, Venezuela is corrupt as hell. But that doesn't mean it isn't a Socialist economy. No need to sugar coat it, it is what it is.

[Endus]

Now lets look at Socialism. Incentives hardly exist. Planning a centralized economy without market prices or profits, and property owned by the state makes no incentives to drive businesses and promote economic activity. Since we as humans are driven by incentives, Socialism is just a theory that goes against human nature, which in turn is doomed to fail. Every single time.

The problem with your argument, here, is that you're not making an argument against Socialism. You're making an argument against a very specific and extreme form of socialism, where the specific characteristics you've described, the lack of incentives, the planned centralized non-market economy, the lack of profit motives, the state ownership of all property, those are all features of that extremism and totalitarianism, not the underlying base concept of socialism.

Nothing you said there describes socialist theory as a whole. It's as nonsensical as trying to claim that no country in the world is capitalist because governments own some property, somewhere.

[Noomz]

Proof that socialism works. We have it right here.

With the entirity of Scandinavia proof of how it does work.

[Tackhisis]

Proof that socialism doesn't work.

Is Haiti a proof of how capitalism doesn't work?

[Stormspellz]

Proof that socialism works. We have it right here.

Thats like saying capitalism doesnt' work after the 08 crash

[THE Bigzoman]

That's why they're failing, not because of socialism as a whole. You could say the same thing about failing companies in the US and go "CAPITALISM IS FAILING!"

So no, Socialism isn't the problem here, the people running the Country are.

And as for what I personally advocate (cause I know it'll come up), I am a fan of mixed economies. Capitalism where it works, Socialism were it works, etc. etc.

Shit comparison.

A company is a small part of an economic system. Socialism is an economic system.

So no, you can't say a company failing equals capitalism is failing in the same way that you can see an entire economy failing and blaming its policy.

[Jinpachi]

Proof that socialism doesn't work.

But wait! Venezuelan socialism isn't REAL socialism!

I was just about to say the same thing lol

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Yeah, because that's the takeaway and the only country where we can measure it. Way to pay attention.

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There's no successful world model for socialism.

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The problem with your argument, here, is that you're not making an argument against Socialism. You're making an argument against a very specific and extreme form of socialism, where the specific characteristics you've described, the lack of incentives, the planned centralized non-market economy, the lack of profit motives, the state ownership of all property, those are all features of that extremism and totalitarianism, not the underlying base concept of socialism.

Nothing you said there describes socialist theory as a whole. It's as nonsensical as trying to claim that no country in the world is capitalist because governments own some property, somewhere.

You'd think after all of the failed attempts at socialism they'd realize it's bullshit and move on to a workable system.

[Endus]

You'd think after all of the failed attempts at socialism they'd realize it's bullshit and move on to a workable system.

All the successes make that a silly idea, which is why they don't.

[Vash The Stampede]

Test to put what? Venezuela was a booming country with tons of natural resources until they decided to put party jackoffs in charge of everything. People who don't know shit about running a country or infrastructure and would rather further their own agendas and run their own echo chambers than do anything properly. The person in charge right now is a fucking bus driver.

Doesn't sound much different than Greece. This is not an example of socialism failing but corruption working as intended.

[Spectral]

The emphasis on socialism is wrong.

The focus should be on the fashion in which price controls don't work.

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Shit comparison.

A company is a small part of an economic system. Socialism is an economic system.

So no, you can't say a company failing equals capitalism is failing in the same way that you can see an entire economy failing and blaming its policy.

Also, a company failing is a market economy working as intended. If companies can't fail, that's evidence of overreaching government interference, not the opposite.

[Mavett]

Test to put what? Venezuela was a booming country with tons of natural resources until they decided to put party jackoffs in charge of everything. People who don't know shit about running a country or infrastructure and would rather further their own agendas and run their own echo chambers than do anything properly. The person in charge right now is a fucking bus driver.

Being reliant on Oil @ 100$ per barrel to fuel your economy did not help either, the jackasses in charge are just the final nail in the coffin.

[MonsieuRoberts]

i thought Venezuela is an oil country? why it is not luxurious like the Arabian Gulf oil countries?

Prices dropped and they didn't diversify income to the point where most of their entire country's income and economic stability comes from their ability to sell oil at X amount.

They put all their eggs in one basket.

[schwarzkopf]

Proof that socialism works. We have it right here.

Indeed, and an Elephant is proof that all mammals have tusks.

[TheRainman]

I'm confused why someone would convert for 12,000+ to 1 when you can simply go through legal means through the government for 10 to 1? seems like a no brainer to me.

Locals don't get 10:1 rate through the government. That only exists on paper. Which is why so many risk jail time and go through the black market for something as shitty as 12K :1 The 10:1 exchange rate is for tourists and foreigners coming in (which is really just in place as yet another way for the government to take money).