
Originally Posted by
Thac0man
I see merit in some of what is being claimed, if it were true. But as Merle has demonstrated, those claims seem to point to motivations others than the welfare of the poor. Mass political indocternation is not education in the sense of betterment or enlightment. It is political indocternation and behind that there is always someone who benefits, and it never the indictornated.
As I have said before, I see much merit in the resources of a country being used to the maximum benefit all of its citizens. Buts thats not whats going to happen is it? The process of nationalistion has been so badly mismanaged that the Venezuelan economy was heading for a brick wall even before the Global Credit crunch. Why? Because of cronyism. And it is for that same reason, cronyism, that Chavez cannot enact efficiencies. Therefore he nationalises more industries to get a short term boost to his flagging Nationalised sectors while alloting blame (hence deflecting it from his own governments mismanagement).
Can that situation continue for much longer? Ironically it can continue only as long as the resources that Chavez has not nationalised continue to present profit that can be plundered to shore up the Venezuelan exchequer.
The plain fact is no action Chavez has taken has halted the economic decline his polices have induced in the Venezuelan economy. He has time and again waved the big stick of nationalisation (read centralisation) naming profiteering as the reason and justification. Yet when private sectors are nationalised and that huge profiteering is removed... why has there been no immiediate and long term benefit to the Venezuelan economy? Things only get worse. The figures don't lie.
A sadder fact is that his policies were only possible when rich capitolist nations (booh! hiss!) were able to fund it by paying top dollor for Venezuelan oil.