Global Events & Politics Überthread

Julio3000 said:
It’s great that in the sturg worldview, the only country with socialist policies is a undiversified petrostate with a half-century of very unstable democracy under its belt.
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it literately doesn't matter how many times you tell him


he keeps going back to that same tired well
 
Venezuela was doing quite well before their radical shift.

But y'all keep celebrating policies that ends in starvation and death
 
The amusing part is just about every economy today is a mixed economy. Some parts free enterprise (which we can call capitalism) and some parts government controlled (which we can call socialism). Even under the parts that are free enterprise there is a wide spectrum of approaches as far as regulation goes.

A country like Sweden would be considered socialist by most of us. Sweden did poorly for a while because the amount of regulation and government control became excessive. Sweden is doing very well now because they undertook some sensible reforms that allowed their markets to function better.

Venezuela is a mess mostly because of corruption and inept government. Incompetence trumps a lot of things.
 
sturg33 said:
Venezuela was doing quite well before their radical shift.

But y'all keep celebrating policies that ends in starvation and death
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LOL. When Chavez was elected in 1999, Venezuela had experienced 100% inflation, a 66% poverty rate, and GDP that was (inflation adjusted) equal to that of 1963. Just because the current economic conditions are worse doesn’t entitle you to just make **** up.

Meanwhile, maybe you can enlighten me as to why your only benchmark is Venezuela, rather than Norway, Sweden, or Denmark.
 
sturg33 said:
Venezuela was doing quite well before their radical shift.

But y'all keep celebrating policies that ends in starvation and death
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Actually no. Venezuela has been a basket case for a while. You might want to read a little about the two presidential terms of Carlos Andres Perez, whose excesses in many ways paved the way to crises that have been afflicting the country.

It is shocking how a country with so much oil wealth can end up where it is today. It takes a special kind of incompetence that goes well beyond what is typically seen in Latin American countries.
 
That's true I guess I'm just comparing it to today.

That makes Bernie Sanders wish that we should be more like them even more stupid
 
Julio3000 said:
LOL. When Chavez was elected in 1999, Venezuela had experienced 100% inflation, a 66% poverty rate, and GDP that was (inflation adjusted) equal to that of 1963. Just because the current economic conditions are worse doesn’t entitle you to just make **** up.

Meanwhile, maybe you can enlighten me as to why your only benchmark is Venezuela, rather than Norway, Sweden, or Denmark.
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Why don't we at Russia or China or several others during the 20th century.

Don't like to mention those mass deaths regimes either, I presume?
 
sturg33 said:
Do you submit that socialism produces better outcomes than capitalism?
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In general no. But I think the right mix (and remember most economies nowadays are mixed economies) will vary across country and will also vary over time for a particular country. You look at a place like Singapore and the government there has a surprisingly heavy hand in terms of making investment decisions.
 
sturg33 said:
That's true I guess I'm just comparing it to today.

That makes Bernie Sanders wish that we should be more like them even more stupid
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You have a point in terms of socialism but repeatedly bringing up Venezuela ain't a very good way to make it. Ditto for the old the left has lost its mind line.
 
“Oh, this is something I did last night,” Loeb says. It’s a calculation, he explains, supporting his theory that an extraterrestrial spacecraft, or at least a piece of one, may at this moment be flying past the orbit of Jupiter.

Since publishing his controversial paper, Loeb has run a nearly nonstop media circuit, embracing the celebrity that comes from being perhaps the most academically distinguished E.T. enthusiast of his time — the top Harvard astronomer who suspects technology from another solar system just showed up at our door. And this, in turn, has left some of his peers nonplused — grumbling at what they see as a flimsy theory or bewildered as to why Harvard’s top astronomer won’t shut up about aliens.

https://www.washingtonpost.com/life...edb0c92dc17_story.html?utm_term=.566a457c8724

Personally I would find this guy more credible if he were department chair at a really good school such as MIT.
 
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