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Al_Jazzera t1_j2befww wrote

Reply to comment by SeattleResident in Chevron sending two oil tankers to Venezuela under U.S. approval by Octavus

Chavez torpedoed the petroleum industry by firing a shit-ton of execs and engineers and putting in party loyalists. The result of this act of wisdom was output went into a death spiral. Yep, the main advantage the country had and they couldn't even get it out of the fricking ground. The ensuing economic crash had the citizens averaging 20 to 30 pounds lighter and no stray population, if you're hungry enough the neighbors cat can make a fine dinner.

You get to vote for socialism once.

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tricheboars t1_j2dxrde wrote

This is a story of authoritarianism and corruption as much as it is about socialism.

I agree with everything you said but blaming it mostly on socialism is really missing the bigger picture.

Also while Venezuela mostly did this to themselves the USA still had a role in all of this.

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