Venezuelas dependency on oil increased under Chavez. Just look up the numbers.
Chavez greatly improved conditions of the poor in Venezuela... most western taught economics students would say that is bad because it makes more sense to invest in the rich so they can build bigger companies so the poor can get work and earn money... the trickle down effect... the problem is that it is bullshit.
The richest people with companies pay their workers the bare minimum and skim off enormous amounts of money and value that their workers create on themselves and their rich mates/investors.
And contrary to Chavez the people before him didn't turn on the money printer when oil prices collapsed and instead implemented somewhat fiscally responsible policies that would at least mitigate the impact of these crashes instead of aggrevating them.
I know very little about economics but printing money causes inflation and destroys your economy. There are photos of women in Germany with wheelbarrows full of hundred thousands deuchmark notes.... enough to buy a loaf of bread at the time.
Printing money makes it worthless for every country on the planet except the US.
Not sure why you are arguing about this, and I am not defending US foreign policy
As for the severity of the pre- 2017 sanctions, they are overstated. FYI, up until 2017 the US itself was importing ~700 000 barrels of Venezuelan oil per day. The country was already deep in the gutter by that time. Only after the Trump Administration significantly hardened sanctions did this chokehold really emerge
They were buying 700 000 barrels of cheap oil that probably cost Venezuela more to get it to market than they made profit on the process... when the value of oil is **** all it actually does not make sense to keep selling it because you lose on the deal, but no chance of Venezuela being able to stop sales to the US without serious risk.
Of course they tried regime change anyway, and of course sending in mercenaries to release prisoners from local prisons and arm them with Army weapons for nearby Army bases... what could they possibly do that was worse than that?
Saudis tell the US what happens regarding OPEC/oil, in return they use the (petro)dollar
Nothing points at the opposite.
They also fund ISIS and Al Quada and the Taleban... when the Soviets were in Afghanistan and also when HATO was too.
Soviet economy didn't need no breaking from anyone, in fact powerful factions within the US were propping up the Soviet Union through middlemen like Armand Hammer
One glance at Chinas economy tells me immediately there is nothing fundamentally wrong with communism in terms of economics... the situation the US is currently in is vastly worse... they are in a far worse situation than the Soviets ever got themselves in to, but they couldn't just print money and they were not the standard international currency.
Note even the EU has decided to diversify away from the US dollar... that is really serious...
Only when the Soviet Union had become completely obsolete the plug was pulled - with help from very powerful Soviet politicians/businessmen that benefitted greatly from its demise bytheway
The SU didn't fall, it was a controlled implosion.
The greedy people with connections and power in the Soviet Union realised they could never become billionaires in a communist system, so they either dissolved it or did nothing to stop its collapse.
With good management problems could have been solved... well they have been... look at Russia now.... if you eliminate the destruction and theft of the 1990s they would be in a much better position.
Also I am at a loss how US dominating the Americas and Venezuela's oil dependent economy are connected.
Can you not read?
America has only been upset with Maduro and Chavez.... all the previous leaders did as they were told and were not considered problems in the US... it was these previous leaders that created the Venezuelan economy... Maduro and Chavez made changes but not enough time to fix all the oil dependency problems in the time they had in power... the US and pro US government of Venezuela created the mess, and that mess is being made worse with sanctions and embargos and other economic pressure as well as the obvious direct threat of regime change.
Yea that's why all those US manufacturing industries have been relocated to Latin America
Slave labour is cheap... most western manufacture goes to second and third world countries to reduce overheads and allow easier ($$) problem solutions to be applied...
A million dollar lawsuit in Texas vs 10K to get a problem person killed... the economics are pretty damn clear.
Aside from that this is a silly condition to determine what country is socialist and what country is not.
The definition of socialist or communist is whatever the editor for whatever that western media outlet decides, so Putin and Chavez and Maduro are all dictators and communist because they say so... and don't contradict them or you are racist.
Even the DPRK claims it is democratic, and the vanguard concept of 'democratic centralism' is pillar in Leninism
To be fair it is probably more democratic than the US or most of the west if you are not rich.
As for Venezuela being socialist or not, I'll let the person in questions speak for themselves.
The problem is terminology and what you expect from your government. Most countries in the EU expect their government to look after the people with healthcare and education etc etc. In the US and US dominated countries that is considered socialism and a step short of communism... imagine everyone getting free healthcare if they need it or an education... in the American west government can't be trusted on anything and it is big business that will provide all services including essential services like power and water.
For most Americans socialism is about communism and government doing everything, but for most europeans a government can be changed while companies cannot and no one gets to vote regarding companies... especially international companies that are more interested in profit, so for instance Pfizer does not want to create cures to diseases... there is less profit in curing people than there is with life time treatments and care.
A government wants sick people cured and back working and paying tax, but a big company wants to treat that person for life because it is more profitable.
So for once I agree with you Big G, because Chavez/Maduro are straight up dumbasses with zero understanding of economy and the geopolitical realities.
They managed to get the full support of the majority of their people... the rich and the 1% flipped immediately and supported the US but they are under US sanctions now too so **** them. They are not stupid, but they took risks and in the long term investment from Russia and China and perhaps India means they have a potential way out of poverty that the US dominance has trapped them into for the last century or two.
And you decided this sitting behind a screen in NZ?
Find me 10 Chavistas amongst Venezuelans in Colombia and I'll send a cake your way. Protip, they don't exist.
Of course, so tell me exactly what it is like on the ground there... I am assuming you are in Texas on the ground right near the border.
The way imperialism works is that you take the richer members of a country, who are always a minority, but generally run most things and own most things because their ancestor white europeans generally stole it from the natives, and you get them on side so they make some money as you rob them of oil and anything else of value. The poor get nothing, but occasionally someone managed to get into power that actually cares about the people and tries to cut ties... putin, Saddam, Gaddafi, Castro... normally their crime is seizing assets from a 1%er that should not have had them in the first place... that is what communism is by the way, but when the US then seizes that countries foreign assets then that is not communism... that is democracy and freedom.
Never judge a country by what the people running away from it are saying... normally they just want a job so they will likely say what they think you want to hear... that is where Saddams WMDS came from and went, but refugees were adamant that he had them till Iraq was invaded and it was proven they didn't...
That's a bit dramatic, and in line with the bleeding heart liberal Open Border propaganda
WTF are you talking about.... I am telling you what is happening because it happens everywhere... in the midst of the Covid epidemic certain business owners were complaining about lost income because so called seasonal workers could not come in to the country and work for them at terrible rates in terrible conditions.... Fishery companies got Russian and Ukrainian fishermen to work the fishing boats because they are cheap and don't know New Zealand law, or don't care. The fruit want fruit pickers to work in terrible conditions for poor pay and they know local workers just wont put up with that shit.
I am not blaming the illegal workers, or the legal ones... I am blaming the employers that screw their workers... shit like people working in bars and cafes who survive on tips... it is like an extra tax... we don't do that in NZ but I have seen enough US TV and Movies... if they don't want to pay them to serve tables then let the customers order their own food at a table and go up and get their own food so they wont need to pay peanuts for waiting staff.
Reality is that tens of billions of dollars are spent on these people, and that hustling as an illegal is in many cases more lucrative then wageslaving as a US citizen.
If that were true then a US citizen should turn up without documents to their next job interview... but smells like BS to me.