So we’re planning to tax the rich to fund homebuilding projects like in China or Australia? I could dig it, but can we do that part BEFORE we ban mortgages? Because otherwise we’ll just be creating a homeless dystopia like Mao Zedong’s.
Communist spy drones
Alfred Hitchcock “Birds” - the revolution is coming!
Pretty good till the price of oil plummeted, single resource economies are ticking time bombs.
What do you mean ‘till the price of oil plummeted"? The whole world plummeted in the 08’ crash. Sure the price per barrel plummeted in 2009 but the price of oil has since gone up to those early 2000’s levels…
Bruh, Venezuela has some of the dirtiest crude on the planet and lacks the ability to refine it themselves relying on American refineries which have had an embargo against importing Venezuelan oil till last year, you are so out of yout depth in global economics is laughable.
Venezuela is an example of a petrostate, where the government is highly dependent on fossil fuel income.
Petrostates are vulnerable to what economists call Dutch disease, in which a government develops an unhealthy dependence on natural resource exports to the detriment of other sectors.
The oil price plunge from more than $100 per barrel in 2014 to under $30 per barrel in early 2016 sent Venezuela into an economic and political spiral, and despite rising prices since then, conditions remain bleak.
(Source: Council of Foreign Relations)
So yeah, socialism didn’t kill the Venezuelan economy, over-reliance on fossil fuel did.
Have you heard of this idea called “taxes?”
More than that, are you familiar with the idea of taxes being spent on more than just bloated military and police?
Its easier, for most, to imagine the end of the world than the end of Capitalism.
A fan of Zizek film analysis? That’s definitely one of his positions, related to how much post-apocalyptic media still portrays capitalism in practice post-apocalypse.
Tell me what type of society you are imagining please, in the real world it is already difficult for the average entrepreneur not to evade VAT on at least 30% of his purchases, because if we don’t talk about Nordic countries or Switzerland then I don’t see it feasible how people can accept even more interventions from the government in their lives.
And?
Do you have a cost analysis on giving everyone free housing? I’d wager it’s astronomically higher than bailouts or the military.
Society should work towards a better life for all, not better profits for a few.
The bailouts were loans. The us govt got that money back.
Those banks should have been punished though, allowed to fail.
