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Old May 22nd, 2016, 08:06 AM   #1
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21st century socialism

CARACAS, Venezuela - Firmly in power and his revolution now in overdrive, President Hugo Chávez is moving fast to transform Venezuela's economy by bucking free-market planning with what he calls 21st-century socialism: founding state companies, seizing abandoned private factories and establishing thousands of cooperatives and worker-run businesses.

The populist government is reorganizing the country's colossal oil industry, taking a bigger share from private multinationals. Planners are reorganizing the banking system, placing stringent restrictions on lending while creating state banks. Venezuela is also developing a state-to-state barter system to trade items as varied as cattle, oil and cement as far away as Argentina and as near as Cuba, its closest ally.

"It's impossible for capitalism to achieve our goals, nor is it possible to search for an intermediate way," Mr. Chávez said a few months ago, laying out his plans. "I invite all Venezuelans to march together on the path of socialism of the new century."

According to many mainstream economists, the change is simply a mix of plans taken from the protectionist policies of the 1960's and others adopted from Cuba and countries of the former Soviet bloc. It may not be communism -- as detractors contend it is -- but it mixes socialism with capitalism and what some call improvisation.

Many of the president's grandest plans are put into practice at the year-old Ministry for the Popular Economy. Planners there have already created 6,840 cooperatives that employ 210,000 people nationwide, many producing for the state.

Chávez Restyles Venezuela With '21st-Century Socialism' - NYTimes.com
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Old May 22nd, 2016, 08:32 AM   #2
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Hi I am a strong leftist who believes in Socialism now! Using Venezuela as a reason Socialism is wrong is not correct because of reasons an stuff
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Old May 22nd, 2016, 12:15 PM   #3
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Hi I am a strong leftist who believes in Socialism now! Using Venezuela as a reason Socialism is wrong is not correct because of reasons an stuff
This has worked out so well it was only like 10 years ago that this glowing article was written. Whatever could have possibly happened?
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Old May 22nd, 2016, 12:44 PM   #4
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This has worked out so well it was only like 15 years ago that this glowing article was written. Whatever could have possibly happened?
I found a bunch of articles on progressive.org trumpeting Chavez Socialist regime. The Socialist usually avoid commenting or talking about it. Daily KOS has been quiet about it as well so that pretty much leaves all the Socialist out of the mix on here. Exception being RNG who probably is less socialist and more antagonistic.
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Old May 22nd, 2016, 12:48 PM   #5
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I found a bunch of articles on progressive.org trumpeting Chavez Socialist regime. The Socialist usually avoid commenting or talking about it. Daily KOS has been quiet about it as well so that pretty much leaves all the Socialist out of the mix on here. Exception being RNG who probably is less socialist and more antagonistic.
Denmark. Denmark. Denmark!!!!
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Old May 22nd, 2016, 01:11 PM   #6
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Denmark. Denmark. Denmark!!!!
Is not Socialist and has a so so economy as well. Their household debt is higher than IT.
Economic Survey of Denmark 2016 - OECD
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Old May 22nd, 2016, 01:15 PM   #7
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Is not Socialist and has a so so economy as well. Their household debt is higher than IT.
Economic Survey of Denmark 2016 - OECD
And yet their average net worth is one of the highest according to the same chart. Nice cherry picking there.
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Old May 22nd, 2016, 03:21 PM   #8
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And yet their average net worth is one of the highest according to the same chart. Nice cherry picking there.
I could contend that the only reason their household assets (which is about equal to US in value) is because they have inflated prices therefore it skews their asset sheet to appear like it is higher than it really is.

House Prices in Denmark | Danish Real Estate Prices

Cost of Living in Denmark. Prices in Denmark. Updated May 2016
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Old May 22nd, 2016, 03:27 PM   #9
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I could contend that the only reason their household assets (which is about equal to US in value) is because they have inflated prices therefore it skews their asset sheet to appear like it is higher than it really is.

House Prices in Denmark | Danish Real Estate Prices

Cost of Living in Denmark. Prices in Denmark. Updated May 2016
Your basis of evaluation to conclude inflated values is zero.

Why would it be different than other countries in that graph?
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Old May 22nd, 2016, 03:37 PM   #10
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This article includes a partial List of countries by economic freedom that shows the top 50 highest ranking countries from two reports on economic freedom.


2008 Economic Freedom of the World Index[1] by Fraser Institute
The Economic Freedom of the World Index is a report published by the Fraser Institute in conjunction with the Economic Freedom Network, a group of independent research and educational institutes in 90 nations and territories worldwide.[1]

2014 Index of Economic Freedom[2]
by Heritage Foundation and The Wall Street Journal
The Index of Economic Freedom is an annual report published by the Heritage Foundation and The Wall Street Journal. Countries are assessed as free, mostly free, moderately free, mostly unfree, and repressed.[2]





Rank Country Score
1 Hong Kong 90.1
2 Singapore 89.4
3 Australia 82.0
4 New Zealand 81.4
5 Switzerland 81.0
6 Canada 80.2
7 Chile 78.7
8 Mauritius 76.5
9 Denmark 76.1
10 United States 76.0
11 Ireland 75.7
12 Bahrain 75.5
13 Estonia 75.3
14 United Kingdom 74.8
15 Luxembourg 74.2
16 Finland 74.0
17 The Netherlands 73.5
18 Sweden 72.9
19 Germany 72.8
20 Taiwan 72.7
21 Georgia 72.2
22 Lithuania 72.1
23 Iceland 72.1
24 Japan 71.8
25 Austria 71.8
26 Macau 71.7
27 Qatar 71.3
28 United Arab Emirates 71.1
29 Czech Republic 70.9
30 Botswana 70.6
31 Norway 70.5
32 Saint Lucia 70.4
33 Jordan 70.4
34 South Korea 70.3
35 The Bahamas 70.1
36 Uruguay 69.7
37 Colombia 69.6
38 Armenia 69.4
39 Barbados 69.3
40 Belgium 69.2
41 Cyprus 69.0
42 Slovakia 68.7
43 Macedonia 68.2
44 Peru 68.2
45 Oman 68.1
46 Spain 68.0
47 Malta 67.5
48 Hungary 67.3
49 Costa Rica 67.0
50 Mexico 67.0



https://en.wikipedia.org/wiki/List_o...onomic_freedom



where is denmark on that list?

economic freedoms and socialism do not go hand and hand
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