Venezuela was straight collectivism, it's different

imperialism in capitalism is buying very very cheap labor from poor countries

Government kept seizing foreign property and private property as a whole and spread their tentacles over oil industry, which became the walking stick of venezuelan economy

well it tried, but it wasn't collectivized

That's not imperialism though, that's just trade opportunism

"imperialism in capitalism is buying very very cheap labor from poor countries" i agree

Venezuela shot intself in the foot by making it so hard for foreign investers

^

not if your country wars the poor country and makes the state accept it

They could be very wealthy

They also ended with agriculture because "HURR DURR OIL WILL PAY FOR OUR FOOD"

venezuela shot it's other foot by relying on oil

Dude

*they literally burned crops*

*for no reason*

They should have invested the oil money

like UAE

But they'd rather give everyone their basic needs

@ClibtardMario I heard that was the opposition

UAE is smart, they have their hands in everything

who burned crops?

It was the chavist government, they found the miracle of oil and began burning crops because "oil revenue will pay for our food imports, fuck it"

when are w talking?

I'm thinking recently

I don't know the exact timeframe

Socialists regimes often make grave mistakes in thinking they nkow better to do with a whole lot of sectors

Venezuela and the great leap forward by china are good examples

great leap forward, possibly the most retarded thing in the 20th century

FUCK THE SPARROWS

why sparrows though, at least kill something annoying like mosquitoes

tfw you intend to create a great leap forward and end up creating an economical depression and a death toll of 60 million <:bour:313709044957315082>

well they thought sparrows were a detriment to harvest

how are you gonna kill musquitos?

was a joke

woops turns out sparrows are imporant

rip

hey hey hey, what if people make iron in their backyards?

Aren't they genetically modifying mosquitos not to carry malaria

Hi

what is this

wasteland of a discord