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Venezuelan oil workers go two months without pay

Discussion in 'Off-Topic' started by Mise, Jun 23, 2009.

  1. Mise

    Mise isle of lucy

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    http://news.bbc.co.uk/1/hi/business/8093790.stm
    So the government took responsibility for operating oil infrastructure away from highly trained, highly experienced specialist companies, and placed it in the hands of a vast bureaucracy, whilst at the same time piling up debt that it is struggling to pay now because oil prices have plummeted.

    Result? Unpaid workers, unmaintained equipment, job losses and wasted productive capacity. I thought this was Socialism?
     
  2. CCA

    CCA Emperor

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    Socialism does not work.

    Social democracy and third way do.
     
  3. Munch

    Munch Benevolent Despot

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    So-called 21st century socialism. If the workers controlled the infrastructure then this wouldn't happen.
     
  4. Mise

    Mise isle of lucy

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    You mean like the unions?
     
  5. luiz

    luiz Trendy Revolutionary

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    I though the venzuelan economy was doing great and everybod there was swimming in a pool full of money. Guess I was wrong.
     
  6. GoodGame

    GoodGame Red, White, & Blue, baby!

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    Ironic, much? I suppose the capitalists might have not been sharing the profits fairly with the government in Mr. Chavez's eyes, but then he forgets to pay his employees? :lol:
     
  7. amadeus

    amadeus The Choice of a New Generation

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    You guys have it all wrong. These heroic Pioneers of Socialism have volunteered two months of their time in a dangerous job for the betterment of their country! Viva socialismo! Viva Venezuela! Viva Chavez!
     
  8. Mise

    Mise isle of lucy

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    They are true Stakhanovites!
     
  9. GoodGame

    GoodGame Red, White, & Blue, baby!

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    Yeah they were overpaid as capitalists, so now they're 'giving back' by working for free.
     
  10. Phlegmak

    Phlegmak Deity

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  11. bhsup

    bhsup Deity

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    This article is a lie perpetuated by those intent on smearing the worker's paradise that comrade Chavez has implemented for the good of himself all Venezuelans. Shame on you all for even thinking it could be true.
     
  12. TheLastOne36

    TheLastOne36 Deity

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    Short term problem with nationalising oil industry no doubt.
     
  13. JollyRoger

    JollyRoger Slippin' Jimmy Supporter

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    I wonder if Rudy Guiliani's law firm is advising Chavez on this. They have worked on anti-labor matters stateside, so it wouldn't be suprising.
     
  14. aelf

    aelf Ashen One

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    In other news, the private sector ran the world economy into the ground. Conclusion: everybody sucks.

    Spoiler :
    The point of socialism isn't to create wealth. It's to create more equality. Whether this is best done through nationalisations is not a clear-cut question, IMO.
     
  15. mrt144

    mrt144 Deity

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    Here's another kind of idiotic maneuver on Chavez's part.

    http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aHfRkWQcvqeQ

     
  16. amadeus

    amadeus The Choice of a New Generation

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    The Fed and such enabled this; without them loosening the money supply and lowering interest rates, coupled with the Treasury telling banks that they'll cover their losses for high-risk loans, would this economic climate be as bad as it is?

    Indeed, and Japan shouldn't give them one thin 円! :)
     
  17. Mise

    Mise isle of lucy

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    Conclusion: Unfettered free markets suck. Or perhaps, unwavering devotion to ideological fantasies sucks.

    In this particular case, however, it seems pretty clear cut.

    Also, and I don't really want to get into arguments over terminology, but I don't believe the goal of socialism is to bring about equality, but rather to bring the means of production into the hands of the workers, rather than the people who paid for the means of production. The goal of certain redistributive policies implemented by socialist governments across the world is certainly to bring about greater equality, but these policies also exist in social democratic countries, fascist countries, and even explicitly capitalist countries like the USA (indeed, the USA's income tax structure, taken by itself, is actually far more progressive than European equivalents; just that there are so many loop holes that it's been rendered basically impotent...).
     
  18. GoodGame

    GoodGame Red, White, & Blue, baby!

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    Looks like China bought it out from under them in a way, later in that article.
     
  19. mrt144

    mrt144 Deity

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    Which is to say China is the lender of last resort ;)
     
  20. GoodGame

    GoodGame Red, White, & Blue, baby!

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    Or Venezuela is a not too honorable trader. That is a little interesting to see China getting even more oil. First Sudan, now Venezuela.
     

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