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Re:How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil by SilasX on Tuesday September 20, 2016 @04:35PM (#12543128)
And the economic policies were tremendously popular and would likely have persisted in a carefully designed democracy that did not specifically prohibit them. I don't see the authoritarian nature of the government as being a root cause. Democracy doesn't automatically make price controls (including currency controls) less disastrous.
Re:How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil by mikeash on Tuesday September 20, 2016 @04:44PM (#12543230)
That just seems to lend weight to the idea that there was a lot more going on and blaming it all on social programs doesn't make sense. Unless you're lumping price and currency controls into the "social programs" category?
Re:How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil by astine on Tuesday September 20, 2016 @04:58PM (#12543355)
I don't think anyone in this thread is blaming it all on social programs. Even the opening post mentioned that corruption was largely to blame.

If you want to get into discussions on socialism, one might ask the question whether nationalization of industries presents an opportunity for corruption or if socialist ideology can present a cover for kleptocracy. It looks a lot like that's what happened in Venezuela.

Re:How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil by mikeash on Tuesday September 20, 2016 @05:10PM (#12543459)
You're right, it's not all. Still, I don't get why it's even brought up. Seems like authoritarian government, nationalization of industries, and general screwing about with market forces would be far more important.

Or are people just equating nationalizing the oil industry and making it illegal to get money out of the country with "social programs"?

Re:How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil by astine on Tuesday September 20, 2016 @05:15PM (#12543504)
"Seems like authoritarian government, nationalization of industries, and general screwing about with market forces would be far more important."

I'd agree, though I think you could describe land redistribution as a 'social program.'

Re:How Bad Off Is Oil-Rich Venezuela? It’s Buying U.S. Oil by metaphorm on Wednesday September 21, 2016 @10:47AM (#12548623)
I would describe land redistribution as radical revolutionary upheaval of established order. In my view this is not worth the damage to the social fabric it causes. It's an intrinsically violent thing to do, even if no shots are fired. It can only ever occur under conditions of extreme duress. "Give us your land or we kill you". Not a good approach to positive social change.

Taxation is the more reasonable way to do this. It is also confiscatory but it does so in a way where the level of duress is much reduced, and representation, agency, and participation are possible.

I would offer a provisional definition of a social spending program as a program with humanitarian goals that is funded by taxation. Land redistribution is not taxation (just pure confiscation) and so doesn't meet my definition of social program.

Maybe you think I'm just making a semantics argument and splitting hairs but I think its a meaningful difference. Land redistribution is the classic case of "peasant uprising gone bad".