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Debate: Should Hugo Chávez focus on the private sector more than social spending?

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Should Hugo Chávez should focus on private sector more than on social spendings?

Contents

Background and Context of Debate:

Hugo Chavez </br>Image: Agência Brasil
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Hugo Chavez </br>Image: Agência Brasil
Despite the high prices on oil, the economy of Venezuela has recently slowed down. Prices on food are increasing, the cost of feeding a family of five rose by 2.4% in May and stands some 60% higher than the minimum wage. The inflation is also on increase – the inflation rate climbed above 3% a month late last year. Many people believe that it's high time Hugo Chávez did something to overcome the ongoing crisis. This debate asks whether Hugo Chávez and the Venezuelan government could reduce the impact of this crises by focusing on the development of private industries.

Would an increased motivation to succeed appear in a country with a larger private sector?

Yes

  • The drive to succeed as an individual is the strongest motivating factor a human being can feel in their work. When work is uncoupled from reward, or when an artificial safety net provides a high standard of living for those who don’t work hard, society suffers. The fact that individuals are driven to succeed is in all our interests. This drive will be more prominent in a country wit a larger private sector.





No

  • Many could be motivated to work by a wish to aid their fellow man. Over time, as the benefits of this better way of life become obvious, all will. The impulse to share wealth and material amongst the community, to support all, leaving none behind, is one of the purest mankind can experience. It is not merely possible – it is a demonstration of the progress of our species to a finer, more humane state of being. Increased private sector influence and less public jobs and industries will reduce the sharing of wealth.





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Yes

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No

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Yes

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No

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