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RE: Bedtime Facts (179/365)
What's interesting is that we have some many Venezuelans here who have first hand experience of how things are working out for the socialist countries there. All of them seem to be saying that socialism is not working. I'm looking forward to analysis by @lanzjoseg and all the rest on what the problems are and what they think should be done to improve things.
I am not surprised. Socialism is not moving forward but a step backwards. They tried to take the mines back here recently under the control of the government. The only reason is for corruption purposes. Privatizing is good for development and profitability but not necessarily job creation. The state should only control certain industries like transport, health and power plants. Don't think they are capable at anything else really as normally they get sub standard management (friends) to run these.