Archive for the ‘Socialism’ Category

Socialism, Not Oil, Is the Cause of Venezuela’s Problems – InsideSources

Venezuelas economy has collapsed. Unfortunately, most people mistakenly believe Venezuelas policies created a successful economy prior to the collapse in oil prices. The truth is that Venezuelas socialist policies held back its economy during the oil boom and are the direct cause of its economic collapse today.

Upon Hugo Chavez death in 2013, and before the collapse in oil prices, Salon published an article titled Hugo Chavezs Economic Miracle that praised the success of his brand of socialism. Salon was far from alone. Numerous left-leaning pundits and celebrities, and even some very influential economists, have held up Venezuela as a rare example of a successful socialist economy.

For example, in a 2007 speech sponsored by the Bank of Venezuela, Joseph Stiglitz 2001 recipient of the Nobel Prize in Economic Sciences and former senior vice president and chief economist of the World Bank claimed that Venezuelas economic growth has been very impressive. However, a new academic study reveals that Venezuelas economic performance during Chavezs tenure as president was far from impressive.

Economists Kevin Grier and Norman Maynard use a sophisticated synthetic control methodology to compare how Venezuela performed under Chavez to how it should have been expected to perform based on similar oil producing and Latin American economies that did not also change to socialist economic policies. Rather than an economic success, they find a chronically underperforming economy.

After Chavezs first five years, they find that Venezuelas income per capita was more than $3,500 below what should have been expected. Even during the subsequent oil boom, its income per capita never closed to within $2,500 of its predicted value.

Grier and Maynard also find that Chavezs socialist policies did not simply sacrifice economic growth in favor of redistributive policies that helped the poor. They find that neither poverty rates nor health outcomes improved more than they should have been expected to improve without the changes in policy. To the extent that inequality declined, they find that it largely occurred by reducing the income of the wealthy, rather than by increasing the income of the poor.

The global oil boom simply allowed Venezuela, which sits on the worlds largest proven oil reserves, to mask many of the harmful effects of Chavezs socialist economic policies. Now that oil prices have collapsed, so has Venezuelas economic performance.

The recent actions of the governments consumer protection agency, Sundde, illustrate why the economy is collapsing. The agency dictated that retailers reduce the price of a range of goods by 30 percent in early December, despite the countrys recent experience with high inflation rates.

When the agency deemed that Kreisel, a toy distributor, had too high of a mark-up margin, officials seized nearly 4 million toys from the warehouse to redistribute to the poor. This action might have made some toys freely available this past Christmas but it also destroyed the incentive for any company to attempt to provide toys next holiday season.

Some will surely object that this example is trivial in light of the broader issues facing Venezuelans, but what happened to Kreisel has happened in many industries. The Venezuelan government fixes prices, while constantly inflating its currency, and then seizes products and jails producers, who try to maintain profitable production by charging market prices.

As a result, the production of everything has collapsed. I recently spent a week in Cucuta, on the Colombian-Venezuelan border, and observed this collapse directly. Thousands of Venezuelans crossed the two bridges joining these countries on foot each day to buy essentials in Colombia that are unavailable in Venezuela.

I met a couple from Cuidad Bolivar, who had traveled for three days to get to the border. They had come to buy rice, medicines, car parts and toiletries for their family. They have been making the journey approximately every three months. Their story was not uncommon.

There is no need for Venezuelans to be poor. In 1980, as measured in the Economic Freedom of the World Annual Report, Venezuela ranked the 14th-freest economy in the world and it had one of the highest standards of living in Latin America. Then, as its economic freedom declined, so did its prosperity. After its embrace of socialism under Chavez, only the oil boom could delay its complete collapse.

Yet, there is reason for some optimism. In recent years, many countries in Latin America, including Argentina and Brazil, have moved away from populist and socialist policies and begun to embrace economic freedom. If Venezuela follows their lead, it could resuscitate its economy and eventually return to prosperity.

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Socialism, Not Oil, Is the Cause of Venezuela's Problems - InsideSources

Groups come together to protest Donald Trump, promote socialism in Boston – Boston Herald

Pushing a socialist agenda and saying they fear a Trump administration, thousands of demonstrators are expected to take to the Common tomorrow night to protest the inauguration.

Eight activist groups under the umbrella of Socialist Alternative have dubbed the event Occupy Inauguration. Their issues include:

Making Boston a sanctuary city while stopping deportations of illegal immigrants.

Stopping mass incarceration of minorities.

Legislating gay and transgender rights.

Taxing the super-rich like Trump to fund universal health care and free college tuition.

Im personally afraid of his presidency, said Keely Mullen, 22, of Roxbury, one of the organizers. One of the things that will counteract the fear is what is likely to be mass demonstrations all across the country. ... Trump doesnt have a mandate he didnt win the popular vote.

Mullen, a member of Socialist Alternative, said its important to stage protests around the country as well as in Washington on Inauguration Day.

Its not just in D.C. that people are resisting Trump, there are protests all over the place. We are seeking to strengthen the roots that we have in the city, she said.

As of yesterday afternoon, 2,200 people had indicated on the events Facebook page that they plan to attend while another 7,700 have said they might attend.

Other groups that are listed as co-sponsors include Massachusetts Peace Action, Boston Feminists for Liberation, Boston Democratic Socialists of America and Socialist Students.

The demonstrators say they will meet at the Parkman Bandstand at 6 p.m., march to the State House, around Beacon Hill and then end at City Hall.

Boston police said yesterday all groups involved obtained required permits. Cops will utilize additional police resources but said they dont expect any problems and urge demonstrators to use public transportation to avoid tying up traffic.

Joe Sugrue, 21 of Allston, a member of two groups participating, said large-scale protests have proven themselves to be effective tools in fighting against marginalization, discrimination and other forms of oppression people endure under capitalism and will certainly endure under the Trump administration.

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Groups come together to protest Donald Trump, promote socialism in Boston - Boston Herald

Socialism works! Venezuela a nation of millionaires – Hot Air

posted at 9:01 pm on January 18, 2017 by John Sexton

Venezuelan socialism has been a huge success. Theres no doubting it now. Thanks to the brillianteconomic management of President Nicolas Maduro there are probably now more millionaires in Venezuela than any country in the world. From Fox News:

Amid rampant inflation, widespread shortages of everything from toilet paper to medicine and a failing economy, the Venezuelan government recently introduced three new bank notes into the market ranging from 500 to 20,000 bolivars.

But while somebody in Caracas can now carry 1 million bolivars in his billfold, in terms of U.S. currency those 50 bank notes are only worth only about $300 on the countrys black market and one bill is valued at less than $6.

Well, hyperinflation does have its problems but lets focus on the bright side. Lots of regular people can now say they are worth a million bucks. At least they could if anyone could scrape together that much cash after two years of economic collapse and privation.Chris Sabatini, a professor at Columbia University, tells Fox News, Theres going to come a time when theyre going to run out of space on the bill for all those zeros.

Even the transition to the new bills was badly mismanaged by the incompetent Maduro. In December heannounced that Venezuelans would have 72 hours to turn in all of the 100 bolivar bills in their possession. Since the 100-bolivar bill made up about half of all the bills in circulation at the time, people had just a few days to exchange 6.1 billion of them.

Then, when the exchange deadline began, the new bills people were supposed to get in exchange for the old ones hadnt arrivedat most banks. Eventually Maduro had to extend the deadline for swapping bills several times. So on top of spending every day waiting for hours in long lines to get basic supplies like food and toilet paper, Venezuelans now had to wait in long lines at the banks to get rid of their old money.

Did I mention that President Maduro is not very bright?

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Socialism works! Venezuela a nation of millionaires - Hot Air

Socialism, Intersectionality And The Myth Of The Social/Fiscal Disjunct – Huffington Post

More than being factually inaccurate, it is genuinely fucked up to chalk all of socialist thought up to white men given the indelible role that racial minorities have had in shaping the movement. We need to stop doing this.

Redit Media

Prior to the civil rights movement and the congressional resorting of democratic committee chairs in the 70s, there existed an ideological heterogeneity within the two parties. To the south, conservative democrats relied primarily on white, blue collar voters to help enact what we might view as fiscally liberal policy while maintaining what, at the time, was socially conservative policy (i.e. racist, segregationist policy). In the northeast, there existed a constituency of liberal republicanism, which was weary of unions and very prone to deregulation of the financial industry while maintaining socially liberal policy positions. After the Civil Rights movement there was what is referred to as a political realignment of the parties.

This began in congressyoung new liberal Democrats in the House of Representatives began to push out the old southern Democrats from their committee chair positions, which had been gained by seniority within the House. By the beginning of the Reagan administration, the realignment had all but been completed, save the blue-dog democrats of the south and midwestwhich were essentially moderate democrats.

The term centrism is telling from the perspective of principle-based voting. The inability for the term to carry any true political meaning reflects, in large part, the inherently arbitrary nature of the disjunct between the social and fiscal realm.

Liberal pundits made great efforts during the Sanders campaign to portray the socialist movement as fundamentally an economically-driven ideology. In doing so, the narrative implicitly relied on a disjunct between the ideology of social and fiscal realms. The notion that these two realms are necessarily separate helped bolster their ill-founded conjectures that the modern socialist movement was composed of cisgender, straight, white men who were unable to fathom the intersecting nature of oppression, due to economic oppression being the only form of oppression facing these individuals. Relying on intersectionality as a seemingly diametrically opposed mode of privilege analysis, they continually focused on the economic nature of the movement as precluding any space for the existence identity-based politics.

The nature of fiscal policy is that is intrinsically linked to the social standing of certain groups, and visa versa. Take for example, a policy of reparations. This is usually clumped into social policy although, arguably, it is fundamentally a fiscal oneit provides a means by which the federal government would redistribute material wealth. Another example is womens access to health care: although it might be viewed by unaffected parties as being a social one (particularly the ready access to birth control and abortions), it is fundamentally a fiscal policy insofar as it creates an immense financial burden on women who attempting to seek adequate health care.

On the other hand, a policy of financial deregulation or an income tax scheme may be quickly determined to be a matter of fiscal policy, but such policy nonetheless has profound social implications. In particular, we tend to view the policy decisions surrounding the regulation or deregulation of certain markets are being distinctly fiscal in nature. When the derivatives market was deregulated, we chose to view that a form of purely fiscal policy. The deregulation of the subprime housing market was also framed as being a matter of fiscal policyeven when such policy is going to have a markedly different affect on poor populations within the United States than on upper middle class or upper class populations. American rhetoric is not fractioned over whether or not those poor populations are, largely, also divided by racial lines.

The interplay between this disjunct and a perversion of so-called Marxist theory is worth noting, as well. There formed a false dichotomy between class distinction and other forms of identifying features, this false dichotomy is what, in large part, supported the bulk of the Bernie Bro narrative. The Bernie Bro was a (mostly fictional) young, white, male political actor who supported Sanders due to his misogynistic rejection of the female candidate and only adopting an overtly socialist position due to his whiteness, the latter being a presumption that socialism inherently valued class above all other distinctions.

Polls repeatedly showed that, in particular, young women actually outnumbered young men in their support of Sanders. This was true of nonwhite voters as wellwhat tended to differentiate the vote was not race nor sex, but age. In fact, polls showed that Sanders actually lead in the polls with young (aged 1829) black and hispanic voters. That is to say that more young black and hispanic voters were voting for Sanders than Clinton. If the Bernie Bro was meant to be the young, white and male there sure seemed to be a lot of nonwhite and female (and nonwhite female) voters who did not fall into this clearly ill-fitting yet relentlessly embraced mold put forth by Clinton-supporting pundits.

Deemed brocialists, this myopic description of the varied constituency of Sanders supporters also served as a misguided and malformed description of the modern socialist movement. The implicit notion that was continually put forth was, as aforementioned, the belief that socialists disregard any identifying properties other than classeffectively rejecting social change in lieu of fiscal change. To be certain, I cannot speak for all Sanders supporters nor can I fully ascertain what each self-identifying socialist believes the role of race, gender, sex, sexual identity, sexual orientation and each other potential identifying factor should be within a socialist movement. What I do know is that a large part of socialist rhetoric not only embraces movements for racial, gender and LGBT equality, but that its largely inextricably intertwined with them.

The presumption that economic grievances are somehow reserved to white men who have no other means of expressing oppression is a harmful one. Any attempt to divvy up distinctions and lay bare compartmentalization of any socio-economic strata tends to rely on false dichotomies and a failure to identify proper cause-and-effect. This is disingenuous at best and more likely just plain purposefully misleading. Some of the greatest socialist writings hail from the depths of the minority tiers of privilege. It is an affront to any social minorities to erase the profound role they played in shaping modern socialist theory.

Angela Davis wrote Women, Race and Class in 1981. Davis articulated the plight of the black woman in America and in so doing spoke of the need for socialist change:

Like their men, Black women have worked until they could work no more. Like their men, they have assumed the responsibilities of family providers. The unorthodox feminine qualities of assertiveness and self-reliancefor which Black women have been frequently praised but more often rebukedare reflections of their labour and their struggles outside the home. But like their white sisters called housewives, they have cooked and cleaned and have nurtured and reared untold numbers of children. But unlike the white housewives, who learned to lean on their husbands for economic security, Black wives and mothers, usually workers as well, have rarely been offered the time and energy to become experts at domesticity. Like their white working-class sisters, who also carry the double burden of working for a living and servicing husbands and children, Black women have needed relief from this oppressive predicament for a long, long time.

Davis ends this chapter by concluding,

The abolition of housework as the private responsibility of individual women is clearly a strategic goal of womens liberation. But the socialisation of houseworkincluding meal preparation and child carepresupposes an end to the profit-motives reign over the economy. The only significant steps toward ending domestic slavery have in fact been taken in the existing socialist countries. Working women, therefore, have a special and vital interest in the struggle for socialism. Moreover, under capitalism, campaigns for jobs on an equal basis with men, combined with movements for institutions such as subsidised public health care, contain an explosive revolutionary potential. This strategy calls into question the validity of monopoly capitalism and must ultimately point in the direction of socialism.

The contention that the formation and flourishing of capitalism was dependent on slavery is not new. Speaking of capitalism as a foundational aspect of the modern world,Greg Grandin explains:

Slavery created the modern world, and the modern worlds divisions (both abstract and concrete) are the product of slavery. Slavery is both the thing that cant be transcended but also what can never be remembered. That Catch-22cant forget, cant rememberis the motor contradiction of public discourse, from exalted discussions of American Exceptionalism to the everyday idiocy found on cable, in its coverage, for example, of Baltimore and Ferguson.

The reality being that slavery and all the trappings of racial oppression which founded and enabled and perpetuated the systemand capitalism, as a mode of economic governanceare so fundamentally entwined as to have been impossible to have existed and to continue existing without one another. Socialism is a response not just to class inequity, but to the profound social realities of marginalization.

The national oppression Chicano people and other minorities face, and the exploitation of the whole working class, can only be eliminated by making revolution and eliminating their sourcecapitalist rule.

The attempt to parse through these issues without being cognizant of the ever-present role of the capitalist in creating these social strata is doomed to fail. The reality is that there is a very real and inextricable relationship between the social groups (i.e. racial minorities, sex, sexual orientation, etc.) and the economic realm of which they inhabit.

So, perhaps an early means of dispelling this sort of bullshit rhetoric would be to render pass the use of terms such as fiscally liberal/socially conservative or whatever bizarre means by which one might find their ideology most fitting. For the distinction is not only illusory but ultimately harmful.

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Socialism, Intersectionality And The Myth Of The Social/Fiscal Disjunct - Huffington Post

A high school band has driven two Portland politicians to socialism … – Bangor Daily News

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Then-mayoral candidate Tom MacMillan speaks at a debate in the University of Southern Maines Hannaford Hall in 2015. (File photo by Troy R. Bennett)

A high school band has driven two Portland politicians to socialism A high school bands performance at President-elect Donald Trumps inauguration has struck the wrong chord with some on Maines far left. Tom MacMillan, a 2015 candidate for Portland mayor, and Seth Baker, who lost a November bid to represent the city in the state Senate, say theyre leaving the Maine Green Independent Party because a party leader will be attending the presidential inauguration.

Instead of sticking with a party that is unwilling to keep its own leadership in line, MacMillan said he and Baker would be joining the Socialist Party, which is not currently on the ballot in Maine.

That was the last straw, said MacMillan. Its really a betrayal of values.The thing is, Green Secretary Ben Meiklejohn says he isnt going for political reasons. Hes a music teacher and director of the Madawaska school band, which was invited to perform in the Make America Great Again! Welcome Concert at the Lincoln Memorial on Jan. 19. Trump will be sworn in the following day.

The students are really excited, said Meiklejohn, who served on the Portland school board from 2001 to 2007. I think it would be an injustice to deny them the opportunity they would get because of my political views.

The idea that Meiklejohn is doing his job and providing his students with what might be a once-in-a-lifetime opportunity didnt satisfy MacMillan. He said the performance is normalizing something that should never be normalized and pointed to other bands that have refused to play inaugural events. Jake Bleiberg

A group of Portland singers organized a street choir to perform at protests The Portland Street Choir is a breakaway mobile unit of the more established singing group The Phoenix Chorale. Conceived before the election, the ad-hoc a cappella ensemble formed to add harmonic heft to marches, vigils and human rights protests, Kathleen Pierce writes.

Cookies for a cause More than 15 chefs and bakers from greater Portland are donating baked goods on inauguration day to raise dough for Planned Parenthood. The owner of Little Giant, Briana Volk, launched Fridays cookie drive on Facebook today. The goal is to raise $6,000 by selling $40 boxes of badass treats. Cookies from Aurora Provisions, to Tandem Bakery to the brand new Congress Street eatery LB Kitchen, will be baked in the name of health care for all. All the money raised will go directly to Maines Planned Parenthood health centers. Kathleen Pierce

TOMORROW: The South Portland Police Department is holding an open meeting to discuss its plan to outfit officers with body cameras. The meeting will be at 7 p.m. at the police department, 30 Anthoine St. Heres Jake Bleibergs explanation of its policy around the new technology.

Netflix and no chill Among the many proposed tax changes in LePages budget is a 6 percent tax on digital subscription services, like Netflix, Hulu and Spotify.

Darren Fishell reports:

The governors budget proposal reaches further into the digital realm, too, requiring rental platforms such as Airbnb to collect taxes for Maine rentals booked through what the budget bill defines as a transient rental platform. The budget separately raises the lodging tax to 10 percent, from 9 percent.

[The proposal] extends a push by the state and federal government to capture revenue from online retail sales. A 2013 state law broadened the states power to collect tax from such retailers.

Future Red Sox stars will stay in Portland until at least 2020 The Portland Sea Dogs and Boston Red Sox announced the extension of their player development contract for an additional two years. With the extension, the Dogs will continue as the Soxs Double-A Eastern League affiliate through the 2020 season. Troy R. Bennett

Portland novelist says hes been gentrified off Munjoy Hill In Downeast Magazine, writer Ron Currie Jr., author of God is Dead and Everything Matters, laments how economic changes in the city forced him into exile in Libbytown. The young artists and cooks and dog walkers are being weeded out. Ever more yupsters and slick urban types prowl the brick sidewalks, and ever more hyper-modern architecture dominates sightlines, writes Currie. Troy R. Bennett

From John Hodgman:

Scientists say the northeast U.S. will warm 50 percent faster than the rest of the planet Thats based on a new study from University of Massachusetts at Amherst, which also found that the United States will reach a 2 degree Celsius warming 1020 years before the globe as a whole, according to the Guardian.

Got any interesting story ideas, suggestions or links to share? Email Dan MacLeod at dmacleod@bangordailynews.com, or tweet @dsmacleod.

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A high school band has driven two Portland politicians to socialism ... - Bangor Daily News