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by lki876 2073 days ago
> Venezuela was done-in by so-called "Dutch disease"-- over-reliance on natural resource extraction

There is always an excuse and yet after some 20+ experiments the pattern is always the same. The only thing that keeps changing are the excuses.

1 comments

Socialism has seen plenty of successes. And yes, it has seem some failures.

The problem with communism is that it has too much history. It has a record, some of which is ugly, some of which is littered by some really awful people who claimed (and claim) to be "communists".

The problem with capitalism is that it has no history, no memory. It doesn't get better, and it doesn't learn. It's the same shit today that it was in the time of the Pinkertons. Government did get better at regulating it, but in the past 40 years it has gotten worse at doing so.