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

Michel Bauwens michelsub2004 at gmail.com
Tue Jul 20 08:10:01 CEST 2010


 I read Dean Baker's blog, "Beat the Press", just devastating as far as the
WaPo is concerning,



On Tue, Jul 20, 2010 at 9:53 AM, Ryan Lanham <rlanham1963 at gmail.com> wrote:

> 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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>>>>
>>>>
>>>>
>>>>
>>>>
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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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>>
>>
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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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