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Started By
Message
Cargill head explains why Socialism/ Communism always fails.
Posted on 1/6/26 at 9:10 am
Posted on 1/6/26 at 9:10 am
6
Posted on 1/6/26 at 9:11 am to bhtigerfan
quote:
My Venezuela experience as head of trading in the region for Cargill. Cargill was/is the leading producer of critical staple ingredients such as flour, pasta, vegetable oil, and rice in VZ. I am not saying I agree with grabbing the dictator, but I did have a front row seat to the damage a kleptocracy did to innocent people. 1. The government took over our "minute rice" facility at gunpoint because we were "gouging" the nation's poor. The government was never able to run the plant. It never ran again. It was returned years later with no equipment inside 2. There are 1000's of generals in the army. They are each given a slice of the economy to loot. The large number of generals made it difficult to organize a coup against the regime. 3. The government opened grocery stores and sold staples below the cost we sold them to the government. In theory they used petro oil money to lower grocery prices. Our regular grocery outlets were forced out of business. When the government demanded we sell them products below cost we simply had to shut down. The populous became ever more dependent on the government handouts. (PS this is the mayor of New York City's proposal. 4. Dollars- We needed dollars to go buy raw materials like wheat from places like the US and Canada. The government would periodically allocate us some dollars that could only be spent for raw materials and freight. Eventually only the local companies that can and would pay bribes got dollar allocations. We had several facilities closed for lack of raw material 5. My employees liked working for Cargill. The office was an armed compound with access to a gym, high speed internet, global communications, and a weekly box of basic staples. Cargill provided a safe and secure environment if only for the working hours. 6. Employees became very close to others inside the apartment building. Going out on the street with a desperate population was not advisable. 7. I needed wood pallets for feed. We tried to export wood pallets to swap for grain. We refused to pay the bribes it would take to export the pallets 8. I once tried to set up a closed loop wheat planting to flour mill supply chain. A. They came and stole all the seed wheat for food. When we tried to ship in seed wheat in containers via US donors there was no way to get it out of the port without it being stolen 9. Livestock- Our feed business completely collapsed. Even if you could raise a pig, you couldn't defend it from being stolen. People with guns were hungry. 10. Employees- In the end my highly skilled team alone with other highly educated people chose to leave. Cargill often found jobs for them in other Latin countries. The regime was more than happy to see the well-educated leave the country. Setting these employees up with high quality stable jobs after fleeing remains one of the best things I ever did in my career. No one remembers millions in trading earnings. This is a short list. In my opinion the first money spent needs to happen now and it needs to be food. The US is already on the clock. The current regime does not care if it starves the population. The orgy of theft will actually accelerate if they believe their days are numbered. VZ should be an outstanding customer of US grown ag products. Rice, bread wheat, veg oil ect. Feed the people first. Jeff Kazin Former head trading Cargill
Posted on 1/6/26 at 9:13 am to bhtigerfan
Excellent
Posted on 1/6/26 at 9:15 am to bhtigerfan
Long story short: socialism/communism doesn't work...
Posted on 1/6/26 at 9:17 am to Hangover Haven
quote:Yep.
Long story short: socialism/communism doesn't work...
Socialism/Communism promotes fraud and corruption above solutions and productivity.
Posted on 1/6/26 at 9:17 am to bhtigerfan
Jeff provides a nice (if lengthy) description of every kleptocracy ever to have existed.
This post was edited on 1/6/26 at 9:30 am
Posted on 1/6/26 at 9:19 am to bhtigerfan
Communism/Socialism are just other forms of piracy.
Posted on 1/6/26 at 9:21 am to RelentlessAnalysis
quote:Yep.
Jeff provides a nice (if lengthy) description of every kleptocracy to ever have existed.
Those that are “more equal than others” will always seek to make themselves more wealthy and powerful at the expense of the masses.
Never fails.
Posted on 1/6/26 at 9:31 am to bhtigerfan
Lefties here don’t understand how that could easily happen here if they got their way.
Especially white liberal women.
Especially white liberal women.
Posted on 1/6/26 at 9:34 am to Hangover Haven
quote:
Long story short: socialism/communism doesn't work...
But, but it hasn't been tried the right way!
-Idiot college students
Posted on 1/6/26 at 9:40 am to TrueTiger
The commies will let citizens get rich through bribery and corruption (they assist with it) then take it from them when they need money.
Regular citizens get slapped with fines worth months of pay for something like running a red light.
That’s a glimpse of communism. We don’t want that
Regular citizens get slapped with fines worth months of pay for something like running a red light.
That’s a glimpse of communism. We don’t want that
Posted on 1/6/26 at 9:44 am to bhtigerfan
Even if socialists weren't narcissistic psychopaths, but instead were angles, it would still fail. Central planners cannot overcome the Economic Calculation Problem.
Posted on 1/6/26 at 9:50 am to bhtigerfan
Margaret Thatcher was much more succinct: "The problem with Socialism is that, sooner or later, you run out of other people's money".
Posted on 1/6/26 at 9:50 am to Hangover Haven
quote:
socialism/communism doesn't work
Because of HUMANS.
Just look at how greedy and selfish these leftist people are in a capitalist society while posting on their $1500 phones
Think of what would happen when their fatasses had no food.
Socialists and commies NEVER take the human element into account when they preach these stupid, childish ideas.
Posted on 1/6/26 at 9:53 am to bhtigerfan
quote:
My Venezuela experience as head of trading in the region for Cargill. Cargill was/is the leading producer of critical staple ingredients such as flour, pasta, vegetable oil, and rice in VZ. I am not saying I agree with grabbing the dictator, but I did have a front row seat to the damage a kleptocracy did to innocent people. 1. The government took over our "minute rice" facility at gunpoint because we were "gouging" the nation's poor. The government was never able to run the plant. It never ran again. It was returned years later with no equipment inside 2. There are 1000's of generals in the army. They are each given a slice of the economy to loot. The large number of generals made it difficult to organize a coup against the regime. 3. The government opened grocery stores and sold staples below the cost we sold them to the government. In theory they used petro oil money to lower grocery prices. Our regular grocery outlets were forced out of business. When the government demanded we sell them products below cost we simply had to shut down. The populous became ever more dependent on the government handouts. (PS this is the mayor of New York City's proposal. 4. Dollars- We needed dollars to go buy raw materials like wheat from places like the US and Canada. The government would periodically allocate us some dollars that could only be spent for raw materials and freight. Eventually only the local companies that can and would pay bribes got dollar allocations. We had several facilities closed for lack of raw material 5. My employees liked working for Cargill. The office was an armed compound with access to a gym, high speed internet, global communications, and a weekly box of basic staples. Cargill provided a safe and secure environment if only for the working hours. 6. Employees became very close to others inside the apartment building. Going out on the street with a desperate population was not advisable. 7. I needed wood pallets for feed. We tried to export wood pallets to swap for grain. We refused to pay the bribes it would take to export the pallets 8. I once tried to set up a closed loop wheat planting to flour mill supply chain. A. They came and stole all the seed wheat for food. When we tried to ship in seed wheat in containers via US donors there was no way to get it out of the port without it being stolen 9. Livestock- Our feed business completely collapsed. Even if you could raise a pig, you couldn't defend it from being stolen. People with guns were hungry. 10. Employees- In the end my highly skilled team alone with other highly educated people chose to leave. Cargill often found jobs for them in other Latin countries. The regime was more than happy to see the well-educated leave the country. Setting these employees up with high quality stable jobs after fleeing remains one of the best things I ever did in my career. No one remembers millions in trading earnings. This is a short list. In my opinion the first money spent needs to happen now and it needs to be food. The US is already on the clock. The current regime does not care if it starves the population. The orgy of theft will actually accelerate if they believe their days are numbered. VZ should be an outstanding customer of US grown ag products. Rice, bread wheat, veg oil ect. Feed the people first. Jeff Kazin Former head trading Cargill
Reads like a description of what's happening in MinneSomalia and other Blue Socialist states.
Posted on 1/6/26 at 9:56 am to bhtigerfan
The entire South America and Central America is a disaster....
Everyone one of them is corrupt and out of control.
Everyone one of them is corrupt and out of control.
Posted on 1/6/26 at 9:58 am to loogaroo
quote:
Lefties here don’t understand how that could easily happen here if they got their way.
Especially white liberal women.
Because they're all about their feelz. Eventually the men have to sit down and do the math.
Posted on 1/6/26 at 10:01 am to bhtigerfan
I think I just read a condensed version of Animal Farm.
Posted on 1/6/26 at 10:04 am to bhtigerfan
nice post
Posted on 1/6/26 at 10:11 am to bhtigerfan
quote:
Rice, bread wheat, veg oil ect.
Can someone tell baw it is etc.? K? Thanks.
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