[p2p-research] chavez continues to destroy Venezuela: Poverty in Venezuela fell from 70% in 1996 to 23% in 2009

[Ryan Lanham]

The Washington Post recently said it was 5.8% I think.  Sorry, Michel, I
don't have time just now to look it up...but it was the WaPo--a terrible
newspaper by the way...

R.

On Mon, Jul 19, 2010 at 1:20 AM, Michel Bauwens <michelsub2004 at gmail.com>wrote:

> as far as I understand it, Chavez measures were not just redistributive
> handouts, but structural reforms in many areas, such as massive
> alphabetisation, etc ...
>
> do you have some data on this current schrinkage, which was 3.3% in 2009?
>
>
>
>
> On Sun, Jul 18, 2010 at 11:56 PM, Ryan Lanham <rlanham1963 at gmail.com>wrote:
>
>> >From my perspective, things look mostly bad...and getting far worse.  The
>> economy of Venezuela is shrinking at the fastest rate in the New World, for
>> instance.  There is no history (ever) of such shrinkage leading to positive
>> outcomes, so if Chavez is not thinking about GDP, I pity his countrymen.
>>  Production of nearly everything but oil and gas is completely collapsing.
>>  Oil and gas are merely falling.  Inflation is 30% there.  Corruption (read
>> any article on the Boligarchs) is very high.
>>
>> Has the government given large sums to the poor?  Yes.  If poverty
>> reduction = redistribution (some would call it vote buying), Chavez is a
>> genius.  Unfortunately, years and years of experience show such
>> redistributions are, at best, a one time shot and need to be done with
>> careful incentives for sound investments in health, education and social
>> mobility if they are to work.  At worst, they are society destroying when
>> the rich and valuable merely leave--which has happened dramatically in V.
>>  It is hard to piss away oil wealth of the level his nation has, but he's
>> doing a marvelous job of trying, it seems.  Some would say giving it to the
>> poor is better than building skyscrapers in Dubai.  As I have said, any bad
>> machine is a bad machine...
>>
>> Oliver Stone is making a movie about Chavez that turns him into a hero.
>>  The debate will be well-joined by lots of informed folks this year.  I look
>> forward to it.  If he's doing anything worthwhile, centrist reviewers with
>> minimal stakes in ideology will sort it out.
>>
>> R.
>>
>>   On Fri, Jul 16, 2010 at 11:21 PM, Michel Bauwens <
>> michelsub2004 at gmail.com> wrote:
>>
>>>   Poverty in Venezuela fell from 70% in 1996 to 23% in 2009 ( 2) [image:
>>> Printer friendly page] Print This
>>> <http://axisoflogic.com/artman/publish/printer_58770.shtml>ShareThis
>>> By Special Report with Editorial Comment by Arturo Rosales
>>> Venezuelan National Statistics Office
>>> Friday, Mar 5, 2010
>>>
>>> http://axisoflogic.com/artman/publish/Article_58770.shtml
>>>
>>>  *Editorial comment by Arturo Rosales*: The basic information outlined
>>> below is what readers abroad will rarely see in the corporate media. From
>>> the BBC to CNN, FOX and the floundering big city newspapers. If such media
>>> ever did publish this information it would be an admission that Chávez’
>>> economic policies are working for the vast majority of the almost now 29
>>> million Venezuelans. The corporate media will concentrate on GDP declines or
>>> growth(see second article below) as being the yardstick by which to measure
>>> “economic success”. President Chávez, however, says that GDP figures do not
>>> interest him. He is interested in the decline in poverty, unemployment and
>>> inequality and these are the measures which the Bolivarian Government
>>> strives to improve and are seen from 1996 through 2009.
>>> --
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>>
>>
>> --
>> Ryan Lanham
>> rlanham1963 at gmail.com
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>> P.O. Box 633
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>> Cayman Islands
>> (345) 916-1712
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>
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-- 
Ryan Lanham
rlanham1963 at gmail.com
Facebook: Ryan_Lanham
P.O. Box 633
Grand Cayman, KY1-1303
Cayman Islands
(345) 916-1712
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