Economy Bolivia's Socialist Economy Booming

Which is your favorite South American Socialist Government?

  • Venezuela

  • Bolivia

  • I am triggered and refuse to answer


Results are only viewable after voting.
It was a backward shithole before and then Evo started selling it's natural resources so it became a 42% richer shithole. If you have two cents and I buy your shoes for one cent then you are 50% richer.
 
That is still not calling for a command economy even if it is a misguided policy. And from what I have read its closer to 70% and applies only to the highest tax bracket.
If you are taking 90% of the wealthy's income, you are obviously "commanding" where that money is redirected.
 
Socialism isn't mutually exclusive to a market economy, in fact there are market socialists who believe in a market economy over a command one but still advocate for collective ownership within the confines of that market economy. This is the approach of countries like Norway and Bolivia given the proven disaster of command economies.

https://en.wikipedia.org/wiki/Nordic_model
 
"I don't know, man, I guess I'm gonna fade into Bolivian." -- Kenny Florian
 
Being poor is fine if everyone else is poor
 
Good for them. A sane level of socialism can work wherever there aren't too many people people who take pride in sucking more out of a system than they put in. Homogeneity helps, because then you aren't ripping off "them," you're ripping your own off.

Hard socialism will collapse more economies than it will help at this point.
 
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From your link
Norway's particularities

The state of Norway has ownership stakes in many of the country's largest publicly listed companies, owning 37% of the Oslo stockmarket[37] and operating the country's largest non-listed companies including Equinor and Statkraft. The Economist reports that "after the second world war the government nationalised all German business interests in Norway and ended up owning 44% of Norsk Hydro's shares. The formula of controlling business through shares rather than regulation seemed to work well, so the government used it wherever possible. 'We invented the Chinese way of doing things before the Chinese', says Torger Reve of the Norwegian Business School".[37]

The government also operates a sovereign wealth fund, the Government Pension Fund of Norway—whose partial objective is to prepare Norway for a post-oil future, but "unusually among oil-producing nations, it is also a big advocate of human rights—and a powerful one, thanks to its control of the Nobel peace prize".[38]
 
If you are taking 90% of the wealthy's income, you are obviously "commanding" where that money is redirected.
That's not what a command economy is at all.
 
Glad you continue cherry-picking information that contradicts what the economists in the link i pointed are saying.
Huh? I cited your own link...
 
Ownership stakes =/= running the company
I know and I think its a superior form of state ownership of firms, at least in most cases. You may not consider it socialism but I guarantee you if anyone suggested that at the national level in the US it would be deemed a socialist policy.
 
Huh? I cited your own link...

You clearly have an agenda, which is why you are nitpicking on things that you believe proves your point while ignoring the rest of the articles which contradict the notion that the Nordic model is socialism.

Even the socialist economists disagree with said notion.
 
You clearly have an agenda, which is why you are nitpicking on things that you believe proves your point while ignoring the rest of the articles which contradict the notion that the Nordic model is socialism.

Even the socialist economists disagree with said notion.
What is my agenda exactly Rodrigo?
 
Good for Bolivia. I hope they do even better going forward. Lol at that tweet though. Bloomberg taking the position that Venezuela is not real socialism.
Huh? Obviously you didn't read the piece but this is a bad misreading of the tweet too. He's saying Bolivia is a better example to look at the effects of socialism, not that Venezuela isn't real socialism. His point is Venezuela has other problems aside from their system of government, like financing and reliance on commodities. I mean, click on the link for fuck sakes, it will not cause brain damage. I promise!

Edit: He's also not making the case for socialism but warning against comparisons, fyi.
 
You are adamant to "prove" that socialism works, for some odd reason.
You have him wrong man. @Kafir-kun is quite moderate. In fact, he holds some views that would land him on the right (like guns).

You should probably talk through it instead of making assumptions about his intentions (could be interesting to read too).
 
You have him wrong man. @Kafir-kun is quite moderate. In fact, he holds some views that would land him on the right (like guns).

You should probably talk through it instead of making assumptions about his intentions (could be interesting to read too).

Guns is not an economic issue, you can be right-wing and still be for socialism. Most of the European far-fight tend to favor some degree of socialism.
 
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