Comments by "Harry Stoddard" (@HarryS77) on "Dear John Oliver: Please Stop Misinforming Your Audience On Venezuela" video.

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  3. Venezuela's government had its problems. I'm sure its decline had nothing to do with the repeated attempts to launch right-wing, pro-corporate, military coups. No, no. Look. It was well understood by the progenitors of modern capitalist democracy that their system could not survive if it were encircled by hostile feudal states who would take advantage of every opportunity to quell the inflammation of divergent beliefs. The same has also been understood to apply to socialism and communism, going back at least to the Paris Commune. Also consider that Venezuela's economy was dependent on oil—the apparent reason for its fragility. And there's some truth to that, but also a lot of missing context and double standards. For instance, Saudi Arabia is also dependent on oil, and it is guilty of major human rights abuses, both against its own people and other nations, but Saudi Arabia is an ally of the United States, and so in addition to being under our aegis, being granted weapons, having markets open to it, it's also free from the exact same squealing criticism people are leveling at Venezuela. Are the people at Mondragon waiting in bread lines and eating rats? I seem to remember the people in America doing that after its period of greatest capitalistic freedom. I also seem to remember that it was sensible social policies coupled with restrictions on the excesses of capital that helped restore Americans to a decent standard of living. In America we don't have bread lines, but we do have tons of people on food stamps, on housing subsidy, people who can't afford their medicine. The only thing that keeps these people afloat is not capitalism,; it's social policy, which is different from socialism.
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