My Venezuela Nightmare: A 30-Day Hunt for Food in a Starving Land

Re:My Venezuela Nightmare: A 30-Day Hunt for Food in a Starv... by JPKab on Monday July 18, 2016 @01:03PM (#12116367)

I'm sorry, but that's not at all accurate. If you think the middle class in Colombia and Brazil are dealing with anything remotely like this, you are nuts.

Corruption is a parasite which adds costs to every resource flow it can find, but this is a wholly different scenario of resources being too scarce due to systemic degradation due to central planning misallocation combined with the drop in oil prices that had sustained it.

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Re:My Venezuela Nightmare: A 30-Day Hunt for Food in a Starv... by vkou on Monday July 18, 2016 @01:34PM (#12116637)

I'll give you middle class, but what does the lower class (Which is far larger then the middle class) in Colombia and Brazil end up dealing with?

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Re:My Venezuela Nightmare: A 30-Day Hunt for Food in a Starv... by huherto on Monday July 18, 2016 @01:08PM (#12116421)

> central planning misallocation

Having somebody in charge of the economy that does not understand that he doesn't understand how the economy works.

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[dead]

Re:My Venezuela Nightmare: A 30-Day Hunt for Food in a Starv... by huherto on Monday July 18, 2016 @01:53PM (#12116823)

You can't generalize. Certainly Hugo Chavez didn't.

Since Venezuela was a democracy you could also argue that democracies wreak havoc in the economy.

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Re:My Venezuela Nightmare: A 30-Day Hunt for Food in a Starv... by elcct on Monday July 18, 2016 @03:33PM (#12117539)

I am not generalising. But whilst you are at it pin water to it as socialists drink water as well.

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