Does Alexandria Ocasio-Cortez agree or disagree with the Democratic Socialists of America’s New York City chapter’s call to “abolish profit”?

This is a link to a recent tweet from the New York City chapter of the Democratic Socialists of America.

And this is a link to an archive of the same tweet, in case the original ever gets deleted.

The tweet states:

“Abolish profit”

I’d also like to point out this link to the constitution and bylaws of the Democratic Socialists of America, where they write:

“we reject an economic order based on private profit”

So both the national organization and the New York City chapter both support getting rid of profit.

If anyone wants to see the real world results of what happens when a country tries to stop businesses and corporations from making a profit, I suggest read this lengthy, well sourced blog post that I wrote four months ago, which is called, “The Maduro diet: How most Venezuelans lost an average of 19 pounds in 2016, plus another 24 pounds in 2017.”

One would think that the lessons of the 20th century would have taught people that getting rid of profit also means getting rid of incentive. But one would be wrong. In Venezuela, during the 21st century, presidents Hugo Chavez and Nicolas Maduro did everything they could to stop businesses and corporations from making a profit from growing and selling food, and the results have been disastrous.

In New York City, a self described “socialist” named Alexandria Ocasio-Cortez just beat long term incumbent Joseph Crowley in the Democratic primary election for a seat in the U.S. House of Representatives. Unless something really weird and unexpected happens, there is a near 100% chance that Ocasio-Cortez will be elected to the U.S. Congress in November.

Since Ocasio-Cortez is a member of the Democratic Socialists of America, I would like to know if she agrees or disagrees with their proposal to “abolish profit.”

I would also like to know if Ocasio-Cortez supports or opposes the policies of Venezuelan presidents Hugo Chavez and Nicolas Maduro, which I describe in great detail in this blog entry.

Chavez referred to his policies as “21st century socialism,” and he was constantly saying that it was wrong for businesses and corporations to make a profit. He set price controls on food, seized more than 10 million acres of farmland, and had the government take control of many food processing plants and supermarkets. Before Chavez died in 2013, he had appointed Maduro as his successor. Since Chavez’s’ death, Maduro has continued Chavez’s policies. Because the profit motive to grow and sell food has been eliminated in Venezuela, there has been a very severe, long term, chronic shortage of food. Most Venezuelans lost an average of 19 pounds in 2016, plus another 24 pounds in 2017.

I would like Ocasio-Cortez to please read my blog post, please check out all the links to the sources that I cite to prove that everything I wrote is true, and then please state whether she supports or opposes the policies of Hugo Chavez and Nicolas Maduro that are in my blog post.

 

July 1, 2018. Tags: , , , , , , , . Communism, Economics, Venezuela. 1 comment.

The Democratic Socialists of America supports the same policies that have destroyed Venezuela’s ability to feed itself

The New York Times just published this article, which is titled “The Millennial Socialists Are Coming.” The article talks about the growing popularity of socialism among Millennials, and points out several examples of socialist candidates beating long term Democrats in primary elections.

The New York Times article includes this link to the constitution and bylaws of the Democratic Socialists of America. Here is a brief excerpt from it (the bolding is mine):

“We are socialists because we reject an economic order based on private profit, alienated labor, gross inequalities of wealth and power, discrimination based on race, sex, sexual orientation, gender expression, disability status, age, religion, and national origin, and brutality and violence in defense of the status quo. We are socialists because we share a vision of a humane social order based on popular control of resources and production, economic planning, equitable distribution, feminism, racial equality and non-oppressive relationships.”

Let’s take a look at what those two bolded parts manage to achieve when they are adopted in the real world. Specifically, let’s take a look at what’s currently going on in Venezuela, which I have previously described in great detail in this lengthy and well sourced blog post, which I have titled, “The Maduro diet: How most Venezuelans lost an average of 19 pounds in 2016, plus another 24 pounds in 2017.”

The Democratic Socialists of America claim that they “reject an economic order based on private profit.” That’s exactly what Venezuelan president Hugo Chavez was doing when he started implementing price controls on food in Venezuela in 2003. These price controls caused shortages of food. Anyone who understands Economics 101 knows that price controls cause shortages.

The Democratic Socialists of America claim that they support “popular control of resources and production.” This is exactly what Hugo Chavez did when he had the government seize more than 10 million acres of farmland from private owners. As a result of these land seizures, food production fell substantially.

Before Chavez died, he appointed Nicolas Maduro to be his successor. After Chavez died in 2013, Maduro continued Chavez’s policies.

In 2018, all of Chavez’s food policies are still in effect. The profit motive has been taken away from food production. Ownership of the means of producing food has been collectivized.

Because the Venezuelan government adopted the exact same polices that are supported by Democratic Socialists of America, most Venezuelans lost an average of 19 pounds in 2016, plus another 24 pounds in 2017.

And you don’t have to take my word for this. My blog entry that I mentioned earlier contains a very large number of links to sources which document exactly how this happened.

One thing that’s interesting about the links in my blog entry on Venezuela is that many of my sources are links to articles in the New York Times. And yet the current article form the New York Times on the Democratic Socialists of America makes absolutely no mention of the the kinds of horrible disasters that happen when such policies are adopted in the real world.

And before anyone goes and mentions the Scandanavian countries, I would like to point out that those countries have by no means adopted the polices supported by the Democratic Socialists of America that I quoted and bolded above. They have not abandoned the profit motive, and they have not turned their means of production over to collective ownership.

On the contrary, Sweden, Norway, Finland, and Denmark all have thriving private sectors with huge corporations that make massive profits.

 

June 30, 2018. Tags: , , , , , , , , , , , . Communism, Economics, Venezuela. 1 comment.