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Joined: Jun 2011
Posts: 17,811 Likes: 3
Wiki Master
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Wiki Master
Joined: Jun 2011
Posts: 17,811 Likes: 3 |
How about imagining if Theresa May suddenly announced that her government was going to devalue the pound by 96 per cent; increase the minimum wage by 6,000 per cent; pay the wage increases for millions of businesses for three months; tie the pound to a mythical cryptocurrency; prepared for petrol rationing; and impose a 0.7 per cent tax on big financial transactions. It would be seen either as an act of lunacy, of a collapsing country — or both.
Would it be an act of lunacy ? .
For the long-suffering people of Venezuela, it’s just the latest stage of their country’s grand socialist experiment. For years, Venezuela has been one giant economic laboratory, its 32 million citizens reduced to guinea pigs. The Maduro regime has been condemned worldwide ( except by Jeremy Corbyn, who rang Maduro to congratulate him on his election victory and refuses to denounce him). Maduro’s latest experiment is telling, and may well lead to greater economic catastrophe and even massive famine................ Socialist principles are at stake: if the economy will not behave, issue edicts. If money is short, then borrow — or print — more of it. If prices are rising, enforce price freezes. Venezuela is imposing a huge version of ideas that Corbyn has been proposing in miniature. The world can now see the results.......... Diane Abbott was right to say that ‘the importance of Venezuela is it shows another way is possible’. It shows that, even when the free enterprise system is spreading worldwide, it is still possible for political ideologues to bring rich countries to their knees............... https://www.spectator.co.uk/2018/08...ment-has-brought-a-country-to-its-knees/
Last edited by granny; 24th Aug 2018 6:26am.
Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect.
~Chief Seattle
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Joined: Jul 2008
Posts: 14,575 Likes: 39
Wiki Master
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Wiki Master
Joined: Jul 2008
Posts: 14,575 Likes: 39 |
Venezuela has fallen back into becoming a dictatorship. Cherry picking some socialist policies can't work, it has to be democratic socialism, capitalism and socialism aren't good bedfellows.
It has been continuously undermined by the USA and other countries because of some their left-wing policies, how on earth can the USA see a country like Venezuela as a threat?
It has also suffered the problems associated with mass immigration and multiculturalism and because changes happened far too fast.
There's a real danger that the left will drag Britain back to the 1970s, with secure well-paid jobs, ample housing, properly-funded NHS and social care, free tuition, student grants, final salary pensions, affordable rail fares and fabulous films and music. David Osland 2025 We don't do charity in Germany, we pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn https://ddue.uk
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