Its also why communism and socialism fail, systems reach a certain level of hierarchy and it loses its ability to change, or meet the needs of its customers.
Also why China opened up and adopted more capitalistic policies, it realized a monolithic hierarchy fails, unlike Lumpers here who seem to think the only way to do something is through the government.
You can't argue there's a "new power", and then want more monolithic social/government systems. You'd be a moron.
Liberals in the 70s80s used to want decentralization, grow your own food, buy locally. All that is out the window with you Lumpers, you prove it every day.
#8 | Posted by oneironaut
You're here arguing against authoritarian control and then citing the most authoritarian economy as an example of success and you're too dumb to even see it.
If our government could order our industries to do their bidding like china does we'd be a lot more competitive.
Also, Maybe you have enough time to grow your own food because you're a loser, but most of us have other jobs.
Before this deal, Venezuela was only making about 10 billion a year off their oil. Now with this deal, they will be making 200 billion.
That's money that can go into their nation and their poor.
What's wrong with you progressives?
#29 | Posted by subliberal
What's wrong with us is we care about facts, whereas you morons just swallow propaganda:
The Baseline ($10 Billion): This part is roughly accurate for Venezuela's recent annual oil revenues. Due to years of sanctions, mismanagement, and deteriorating infrastructure, Venezuela's oil export revenues hovered around $10B"$15B annually over recent years.
The $200 Billion Figure: Venezuela will not be making $200 billion a year. According to statements from the Venezuelan government, the agreement"which spans a 25-year bilateral project (or up to a 100-year concession for specific fields)"is projected to generate roughly $209 billion in total cumulative tax and revenue for Caracas over the multi-decade life of the deal, not per year.
You compared 10 billion a year due to our crippling sanctions, vs 200 billion over decades if they let us rip them off.