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Topic: Enjoy comunism: Venezuela raises monthly minimum wage to $2.40 (Read 761 times)

legendary
Activity: 3766
Merit: 1217
^^^ Countries such as Sweden and Denmark are not socialist countries. They are capitalist countries (with a large wealth disparity), with socialist principles implemented in some of the sectors such as education and healthcare. I don't even know whether we can call these as "socialist" principles, because providing free education and healthcare to everyone is more like a humanist idea than a socialist policy. Socialism plagiarized some of these principles, so that it would look more appealing for the poor.
legendary
Activity: 3752
Merit: 1864
~
Imagine what the inhabitants of the USSR were brought to, that for an attempt to sell JEANS, people were actually sentenced to capital punishment, i.e. death penalty by firing squad! No, I have not lost my mind, and not under drug intoxication, this is REALITY from the USSR, "the country of developed socialism" (here is an example https://lovetalk.ru/groups/interesnie-fakti/djinsi-kak-prestuplenie-kak-eto-bilo-v-sssr /, Google will translate). This was the face of "Soviet socialism"! And the price of "free", in the USSR, education, medicine (by the way, of a disgusting quality for the most part), was work for a beggarly salary. For example, about the same jeans - the average salary in the USSR was 120-150 rubles / month, and jeans cost 200-250 rubles, and someone had to bring them from Western countries.
This is the first time i am hearing about these specific brutalities but i have read a few and in totality it was a horrible period to live with two world wars and life was a struggle and then on top of that these sort of miseries and fear of the government when people are trying to make ends meet.  

I will add that the countries you mentioned did not build 100% socialism, but they took a lot of it and implemented it into their system, and they did it much better!
I could see your point, they took the good values in socialism and implemented in democratic countries. Not sure every country who borrowed these values are doing much better as nothing is perfect and you need to look in different countries that implemented them to analyse the success ratio.

The USSR has always presented itself as "the best and fairest country for the people", and in fact this regime is worse than Hitler's Germany - so that you know, the Soviet regime destroyed its citizens no less than Hitler's Germany did the inhabitants of the USSR in World War II.

About the "introduction of socialism" - I do not idealize these countries. Moreover, I personally visited most of them (I love traveling), and touched how people live there. I like the way people live in Finland. I like the changes in Poland, Latvia, Lithuania, Estonia. I feel comfortable in Sweden and the Czech Republic. Yes, there are also problems everywhere. But small problems are normal, the world is not ideal, but they value PERSONALITY, FREEDOM, LAW. It is very important !
legendary
Activity: 2282
Merit: 1023
~
Imagine what the inhabitants of the USSR were brought to, that for an attempt to sell JEANS, people were actually sentenced to capital punishment, i.e. death penalty by firing squad! No, I have not lost my mind, and not under drug intoxication, this is REALITY from the USSR, "the country of developed socialism" (here is an example https://lovetalk.ru/groups/interesnie-fakti/djinsi-kak-prestuplenie-kak-eto-bilo-v-sssr /, Google will translate). This was the face of "Soviet socialism"! And the price of "free", in the USSR, education, medicine (by the way, of a disgusting quality for the most part), was work for a beggarly salary. For example, about the same jeans - the average salary in the USSR was 120-150 rubles / month, and jeans cost 200-250 rubles, and someone had to bring them from Western countries.
This is the first time i am hearing about these specific brutalities but i have read a few and in totality it was a horrible period to live with two world wars and life was a struggle and then on top of that these sort of miseries and fear of the government when people are trying to make ends meet.  

I will add that the countries you mentioned did not build 100% socialism, but they took a lot of it and implemented it into their system, and they did it much better!
I could see your point, they took the good values in socialism and implemented in democratic countries. Not sure every country who borrowed these values are doing much better as nothing is perfect and you need to look in different countries that implemented them to analyse the success ratio.
legendary
Activity: 3752
Merit: 1864
If you become familiar with the concept of economics, the economic system in a socialist society, you will be surprised. There are no markets, no satisfaction of demand, no competition, nothing. There is a consumption plan where the "elders" decide how many pairs of socks you need and which ones, how much pasta and sugar, as well as toilet paper, medicines and watches! And nobody cares about your taste, desires, plans. This is socialism. But if you get acquainted with the economic model in the communist state, I'm afraid your eyes will twitch and you will be tormented by a couple of days of sleepiness Smiley
That is not socialism, that is dictatorship. If one person decides what you will wear and how many socks you will have, how could that be a democracy? Do you really believe that someone else deciding how many socks I could have could ever be democracy? Impossible, hence it is not socialism neither, it could be considered communism instead.

What western nations run by capitalism doesn't tell you that socialist nations like Spain, France, Norway, Finland, Sweden, even UK in some things (and ruthless capitalist in others) all are run by socialistic values, free healthcare, free education, free meals to kids at school, all paid by taxes, those are socialist values, and yet you can still elect a capitalist or a militarist or whatever else you want, because it is democracy, and you can go buy any sock you want, nobody would stop you from doing that.


Very correctly noticed about non-compliance!
But there is a nuance - this is how socialism was built by the USSR and its henchmen, in the form of a dictatorship, with a total dictatorship, with a restriction of rights and freedoms! Namely, by “feeding” people with a beautiful idea (you must admit that socialism is a quality idea), they perverted the implementation and built an objectively terrible world of terror and violence, where a person was only a resource for achieving the goals of a handful of dictators! Imagine what the inhabitants of the USSR were brought to, that for an attempt to sell JEANS, people were actually sentenced to capital punishment, i.e. death penalty by firing squad! No, I have not lost my mind, and not under drug intoxication, this is REALITY from the USSR, "the country of developed socialism" (here is an example https://lovetalk.ru/groups/interesnie-fakti/djinsi-kak-prestuplenie-kak-eto-bilo-v-sssr /, Google will translate). This was the face of "Soviet socialism"! And the price of "free", in the USSR, education, medicine (by the way, of a disgusting quality for the most part), was work for a beggarly salary. For example, about the same jeans - the average salary in the USSR was 120-150 rubles / month, and jeans cost 200-250 rubles, and someone had to bring them from Western countries.
I will add that the countries you mentioned did not build 100% socialism, but they took a lot of it and implemented it into their system, and they did it much better!
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
With my income from the Signature campaign I am testing to see if it is possible to save for my 12 and 13 year old nephews. 😊
Thanks for the input--it does look like crypto is picking up in Venezuela, and it's nice to hear from somebody who lives there.  That's also very nice of you to want to save crypto (or money in general) for your nephews, so good luck.

PokerPlayer, I appreciate the PM alerting me to verita1's post, as I haven't been closely following this thread and wouldn't have noticed it otherwise.  And I can't remember where I heard it, but there was a mention recently of how Venezuelans were trading their fiat for crypto in order to protect themselves from inflation--so I'm assuming that's going on fairly widely.  It's a smart thing to do with any fiat currency that's being devalued faster than you can spend it.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
I agree, I have always though that political movements like it are based on nothing but jealousy, I understand that we all want better conditions for ourselves and our families but we have to work for them, as long as the rich got there not because they were corrupt but hard work then they deserve to be rich and enjoy their position as much as they want.

Movements that seek to take from others what they rightfully gained not only are nothing more but thieves but it also discourages anyone that could want to work hard as they know their work is going to be stolen from them creating a downward spiral from which it is impossible to escape.

Unfortunately, the vast majority of the population would prefer a socialist system for temporary benefits. If you ask the 7.5 billion people living in this planet whether they want a wealth redistribution or not, a majority are going to vote in favor of it. Who is going to refuse free money? But the problem is that this can be done only once. All the rich people will be gone, and after this what they will do? When there is no rich person left to rob, the socialists will start stealing from the ordinary people. And this is what happening in Venezuela.
member
Activity: 1358
Merit: 81

...

Another thing @The Pharmacist was asking was whether there has been an adoption of cryptos in Venezuela. I remember seeing news that said yes, but I would like to hear about your experience. Also, I guess what you earn from the signature campaign will help quite a bit. I have checked the campaign spreadsheet and I see that you will be earning about $20-25 per week, which is not much but I imagine that in Venezuela it is a blessing.


The videos you have seen about the adoption of cryptocurrencies in Venezuela is true. But it is only happening in the main cities of the country and in some commercial businesses.

We have important leaders who are working to grow the crypto community in Venezuela. As an example:

Mariangel
Community manager for Latin America at Binance.
https://twitter.com/justmariangel

Ernesto Contreras
Head of business development Dashpay for Latin America
https://twitter.com/ernestocontrer

To know firsthand how our community grows in Venezuela and Latin America Binance Español is the best place to observe.

https://twitter.com/Binance_Spanish

Another proof is this job offer by Binance in search of Community Manager for Venezuela.

https://jobs.lever.co/binance/60e6c858-b2dc-410f-96f4-d9232933390a

With my income from the Signature campaign I am testing to see if it is possible to save for my 12 and 13 year old nephews. 😊
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
And the worst part is that they never listen, if a socialist country wants to raise taxes that is one thing, but in Venezuela we saw the government confiscating the assets of big companies, the international community warned the government of Venezuela at the time this was an awful idea as no one will want to make business with them in the future if they kept taking those actions.

They did not listened and now they cannot attract foreign investments, they thought they could get around this with their oil income but when the price collapsed this threw into disarray any semblance of order in the country and now they are going through these adverse times, and unless something changes this will be their reality for decades to come.

As far as I know, they not just confiscated the assets of large corporations, but also did that to some of the rich Venezuelan individuals. Socialism always work using jealousy. Poor people are always jealous of the rich, and want their wealth to be stolen and redistributed. But the first group never attempt to become rich themselves. They give all sorts of excuses for that - lack of education, lack of opportunities.etc. And the political parties make use of this mentality to exploit them. Since the rich are very few in number, they can be looted, harassed and thrown out of the country. But the main issue with socialism is that eventually they will run out of rich people who can be looted. And this is what happened in Venezuela.
I agree, I have always though that political movements like it are based on nothing but jealousy, I understand that we all want better conditions for ourselves and our families but we have to work for them, as long as the rich got there not because they were corrupt but hard work then they deserve to be rich and enjoy their position as much as they want.

Movements that seek to take from others what they rightfully gained not only are nothing more but thieves but it also discourages anyone that could want to work hard as they know their work is going to be stolen from them creating a downward spiral from which it is impossible to escape.
hero member
Activity: 2828
Merit: 611
Jeez, what the f!!! Didn't know that situation in Venezuela was this bad Shocked. Damn, I used to think it was just some kind of bad situation that is manageable . So, all these their minimum wage has been at 64 cents? That's really bad. And come to talk about this small $2.40 being worth up to 7 million bolivars, wow Cheesy. This shows that their currency has crashed seriously if ordinary $2 dollars is worth millions there.

I am just wondering how these people have been surviving with this kind of situation. It's very, very bad and I hope they really find a way to get out of it. How much are they going to be selling foodstuffs and how can people afford it if these foodstuffs are with the same as it's worth in other countries?
legendary
Activity: 1372
Merit: 2017
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Are you from Venezuela @verita1? You seem to at least know well the country.

Thank you Poker Player for giving me 1 Merit. I wanted to make a quote to The Pharmacist and I couldn't.

I must also thank you for the interest in creating a thread about my country.
In relation to the Venezuelan minimum wage, each year on May 1st it is customary to hear about an increase.
I can only tell you that among families we collaborate to cover the expenses of those who need the most.

A look at how the Venezuelan approaches dollarization can be checked here:

https://www.reuters.com/world/americas/maduro-seeks-speed-up-digital-payments-venezuela-runs-out-cash-2021-03-15/

Another thing @The Pharmacist was asking was whether there has been an adoption of cryptos in Venezuela. I remember seeing news that said yes, but I would like to hear about your experience. Also, I guess what you earn from the signature campaign will help quite a bit. I have checked the campaign spreadsheet and I see that you will be earning about $20-25 per week, which is not much but I imagine that in Venezuela it is a blessing.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
Oh wow. At first I thought it was raised to $2.40 per hour and I was a little surprised. But then I noticed it was $2.40 per month. Now that is messed up. And really? They can only buy a cheese and a litter of milk? How are they surviving? Their government really fucked up. They were supposed to be rich. They were once one of the crucial oil producing nation in Latin America. See how corruption can destroy a nation? I have heard now goons and warlords are taking over everything. This is really sad.
member
Activity: 1358
Merit: 81
...

Are you from Venezuela @verita1? You seem to at least know well the country.

Thank you Poker Player for giving me 1 Merit. I wanted to make a quote to The Pharmacist and I couldn't.

I must also thank you for the interest in creating a thread about my country.
In relation to the Venezuelan minimum wage, each year on May 1st it is customary to hear about an increase.
I can only tell you that among families we collaborate to cover the expenses of those who need the most.

A look at how the Venezuelan approaches dollarization can be checked here:

https://www.reuters.com/world/americas/maduro-seeks-speed-up-digital-payments-venezuela-runs-out-cash-2021-03-15/
legendary
Activity: 3318
Merit: 1128
If you become familiar with the concept of economics, the economic system in a socialist society, you will be surprised. There are no markets, no satisfaction of demand, no competition, nothing. There is a consumption plan where the "elders" decide how many pairs of socks you need and which ones, how much pasta and sugar, as well as toilet paper, medicines and watches! And nobody cares about your taste, desires, plans. This is socialism. But if you get acquainted with the economic model in the communist state, I'm afraid your eyes will twitch and you will be tormented by a couple of days of sleepiness Smiley
That is not socialism, that is dictatorship. If one person decides what you will wear and how many socks you will have, how could that be a democracy? Do you really believe that someone else deciding how many socks I could have could ever be democracy? Impossible, hence it is not socialism neither, it could be considered communism instead.

What western nations run by capitalism doesn't tell you that socialist nations like Spain, France, Norway, Finland, Sweden, even UK in some things (and ruthless capitalist in others) all are run by socialistic values, free healthcare, free education, free meals to kids at school, all paid by taxes, those are socialist values, and yet you can still elect a capitalist or a militarist or whatever else you want, because it is democracy, and you can go buy any sock you want, nobody would stop you from doing that.
sr. member
Activity: 1274
Merit: 293
Venezuela really have it rough. That is nowhere near a livable wage anywhere in the world, and at that rate I'd rather commit a crime and be fed by the state rather than be overworked and severely underpaid. No wonder crime rates are not going down as it's literally a hell hole in there with those economic conditions. I'll not be surprised if barter is a more efficient way of trading than using the bolivar. Venezuelans are robbed of the right to live decently, and the government hasn't done enough to change the narrative since the statistics just get worse every year. 
They had a really bad planning in their economy and now the people are suffering from this hyperinflation, there are still ways that you can do that doesn't involve crime, you can always find food when you are near a forest, plant some vegetables if the future is still un ertain. And you can also sell your skills, some of the people in Venezuela get by through crafts and stuffs that they can put a price on.
legendary
Activity: 1372
Merit: 2017
I would like to reply to The Pharmacist.
Venezuelans buy US dollars in order to alleviate inflation. Most Venezuelans do not have the ability to save, their bank accounts will surely be empty as well as mine.
The adoption of crypto in Venezuela has one of its most important representatives as it is.

https://cryptobuyer.io/es/merchants/

But unfortunately its CEO Jorge Farias died as a result of covid19 last month. Probably the development of his project is slower because of his absence or maybe not. How everyone knows how to adopt cryptocurrencies in any of the scenarios is a long journey.

Venezuelans buy and sell cryptocurrencies on P2P Binance, there are also other platforms such as Cryptoway and Cryptobuyer. I have used all these platforms to sell bitcoin and other cryptocurrencies to make use of my local currency and meet my daily needs every week.

The adoption of the cryptocurrencies that you can see in the videos has been thanks to the efforts of Cryptobuyer and other personalities but it is a small and important part to continue moving forward.

I think it would have been better if you had quoted him, but I gave you merit anyway. This is what the Pharmacist said:

Yeah well, what do you think has been happening in slow motion in the US and other countries over the past century or more?  Prices rise, wages rise in step (sometimes).  Workers in 1906 could buy a meal at a restaurant for $0.25 but some made about $1/day.  And look at today's prices and wages in the average American city.  Anyway, it's sad to see Venezuela getting hit this hard.  The thing I'm wondering is whether Venezuelans are actually using that shitty currency or are using something more stable (like the USD or some other relatively local currency).  I can't imagine anyone there would want to save money in the form of a currency that's hyperinflating.  They'd either spend it as soon as they get it or trade it for dollars (or crypto even).

Any Venezuelans here who could shed some light as to what the reality is there?  I've asked that before in a couple of other threads about Venezuela, but I don't think I ever got any replies.  Has there been an increase in crypto adoption as has been claimed on a bunch of Youtube videos or is that just BS?

Are you from Venezuela @verita1? You seem to at least know well the country.
member
Activity: 1358
Merit: 81
I would like to reply to The Pharmacist.
Venezuelans buy US dollars in order to alleviate inflation. Most Venezuelans do not have the ability to save, their bank accounts will surely be empty as well as mine.
The adoption of crypto in Venezuela has one of its most important representatives as it is.

https://cryptobuyer.io/es/merchants/

But unfortunately its CEO Jorge Farias died as a result of covid19 last month. Probably the development of his project is slower because of his absence or maybe not. How everyone knows how to adopt cryptocurrencies in any of the scenarios is a long journey.

Venezuelans buy and sell cryptocurrencies on P2P Binance, there are also other platforms such as Cryptoway and Cryptobuyer. I have used all these platforms to sell bitcoin and other cryptocurrencies to make use of my local currency and meet my daily needs every week.

The adoption of the cryptocurrencies that you can see in the videos has been thanks to the efforts of Cryptobuyer and other personalities but it is a small and important part to continue moving forward.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
Hyper inflation, what a very unfortunately situation in Venezuela. I've watched one vlog from a known travel vlogger and had opened to the world how people are surviving there despite the low wages.

This is what you get when central government becomes too powerful with no know-how of how economy works. When you come into a system and you believe that socialism will work instead of Capitalism, Capitialism has its own flaws but it is still the best system we have for now.
And also a government that really became corrupt.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Venezuela really have it rough. That is nowhere near a livable wage anywhere in the world, and at that rate I'd rather commit a crime and be fed by the state rather than be overworked and severely underpaid. No wonder crime rates are not going down as it's literally a hell hole in there with those economic conditions. I'll not be surprised if barter is a more efficient way of trading than using the bolivar. Venezuelans are robbed of the right to live decently, and the government hasn't done enough to change the narrative since the statistics just get worse every year. 
legendary
Activity: 3752
Merit: 1864
This is what you get when central government becomes too powerful with no know-how of how economy works. When you come into a system and you believe that socialism will work instead of Capitalism, Capitialism has its own flaws but it is still the best system we have for now.

If you become familiar with the concept of economics, the economic system in a socialist society, you will be surprised. There are no markets, no satisfaction of demand, no competition, nothing. There is a consumption plan where the "elders" decide how many pairs of socks you need and which ones, how much pasta and sugar, as well as toilet paper, medicines and watches! And nobody cares about your taste, desires, plans. This is socialism. But if you get acquainted with the economic model in the communist state, I'm afraid your eyes will twitch and you will be tormented by a couple of days of sleepiness Smiley
hero member
Activity: 1876
Merit: 512
This is what you get when central government becomes too powerful with no know-how of how economy works. When you come into a system and you believe that socialism will work instead of Capitalism, Capitialism has its own flaws but it is still the best system we have for now.
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