Socialism? Capitalism?

[Hype job]

Nationalizing their largest industry directly led to what is happening now. Socialists have proven time and again that, regarding nationalized industry, the only interest they have is in the profits that come from it. Everything else is someone else's problem. There in lies their greatest conundrum.

You can't dig a water well and just leave it be. It takes upkeep and maintenance. If you just leave it alone year after year at some point the water will become undrinkable or stop flowing all together. Same principle with nationalized industry in Venezuela.

Is lack of diversity a problem. Certainly. Is it the cause of the cluster**** in Venezuela? Absolutely not.

Plenty of nationalised industries work just fine.

[Hawkins]

Plenty of nationalised industries work just fine.

Only with responsible oversight.

[LoadedWraps]

Capitalism = Working for someone else to generate wealth for them, the capitalist then chucks you a tuppence.

Capitalists = Getting rich off of others peoples (workers) wealth generation.

Capitalism = Exploitation and freeloading on behalf of land/business owners.