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Latin America

(131,638 posts)

1. They had oil. And the money all went to the very rich. Then they got Chavez.

Wed Oct 11, 2017, 09:55 PM

Oct 2017

And instead of corrupt capitalism they had corrupt socialism. They need to be a mixed market economy and get rid of corruption of all kinds.

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Venezuela has never been "the wealthiest country" of South America [View all] OBenario4 Oct 2017 OP

We could debate if Chavismo helped them or not... OBenario4 Oct 2017 #2

The HDI includes health and education indices Bacchus4.0 Oct 2017 #5

Because wealthy nations have good health and education indicators. OBenario4 Oct 2017 #7

nope. Not indicators of richness or wealth Bacchus4.0 Oct 2017 #8

Exactly. OBenario4 Oct 2017 #4

Chavismo has been soundly discredited Bacchus4.0 Oct 2017 #6

It's not "discrediting left wing movements in general" Jake Stern Oct 2017 #9

The only anti-Venezuela types in this forum GatoGordo Oct 2017 #12

And who are the greedy fascists? GatoGordo Oct 2017 #14

Here is an economist article on the issue: applegrove Oct 2017 #11