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submitted 4 months ago by iie@hexbear.net to c/news@hexbear.net

“I am actually kind of blown away by how advanced this system is, particularly compared to the backward nature of the U.S., so I am completely impressed,” Jodi Dean, a professor and political scientist, said.

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[-] PKMKII@hexbear.net 21 points 4 months ago

Elon Musk, the billionaire owner of Twitter, retweeted a call from far-right Argentinian politician Javier Milei to the Venezuelan military to stage a coup against Maduro.

Nothing says anti-statist small government like federal authorities seizing control.

Under Hugo Chavez, Venezuela nationalized its vast oil industry and used the profits to fund massive social welfare programs, including free healthcare, education and housing.

This isn’t true; the oil industry was nationalized in the 70’s, Chavez just redirected more of the profits of it towards the lower classes.

[-] marxisthayaca@hexbear.net 22 points 4 months ago

Chavez did seize some property owned by foreign companies. But he paid them what their tax reports claimed it was worth, and they were pissed.

[-] christian@hexbear.net 12 points 4 months ago* (last edited 4 months ago)

he paid them what their tax reports claimed it was worth, and they were pissed.

That's somehow cooler than just seizing the assets without compensation.

[-] marxisthayaca@hexbear.net 10 points 4 months ago* (last edited 4 months ago)

I know, it rocks, they basically owned themselves.

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this post was submitted on 02 Aug 2024
69 points (98.6% liked)

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