Well, I hold academia in very high regard - in fact I think the academic and scientific principles are the one thing that has moved our greco/roman/european/american civilisation further ahead than any other in history. However, academic titles don't outweigh being just plain wrong(TM). Mr Fukuyama has showed guts by risking his proverbial neck over a controversial theory. Unfortunately for him, he lost it. Fortunately for him, his influential friends still find him useful for some reason (I can't figure out why).
But here's the thing. You decry me relying on Fukuyama based on your ridicule of his declaration of the end of history (a declaration I too would ridicule) but that have no problem stating where you agree with him.
What's the deal Merko? Isn't it hypocritical of you to criticize me for citing to Fukuyama where I happen to agree with him, when you have no issue doing the same?
Was I wrong to describe him as "acclaimed"? He is indeed acclaimed, isn't he?
If you were to describe Chomsky as "acclaimed" I wouldn't take issue with that. Chomsky is acclaimed. Heck, I'll go ahead and describe Chomsky, Buchanan, Fukuyama, Boron and Zakaria as all people who are "acclaimed".
Was it really necessary to try to deride me (falsely) as a neoconservative because I happened to agree with Fukuyama on a single point? Particularly as I already told you I agreed with some of Boron's points, which, I am sure you mutst be aware, could not be described as neoconservative?
Can't see why that would matter.
You can't see why it would matter that Chavez' nationalization program is likely to drive the management of Venezuelan oil from the country, requiring him to appoint less experienced people? Surely you can see the risks. I'm not saying they are insurmountable. Mexico eventually recovered after its petroleum nationalization program did the same thing, although even today, Mexico's petroleum company is rife with corruption.
But basically, they are a great source for national wealth and development, and there is no reason not to use it. It was not because of the ingenuity of the US oil companies that the Venezuelan oil got so profitable, but from dumb luck.
Well, we'll have to agree to disagree on that. I happen to believe that competent management adds value to any enterprise, even oil production.
In other words, nationalising Venezuelan oil does not give a significant disincentive to economic innovation. The message is: if you do well, you'll be immensely rewarded.. but perhaps not infinitely rewarded.
I don't think I made that argument. The problem is that countries that are largely dependent on one natural resource rarely develop other industries to cushion fluctuations. Saudi Arabia manages to weather it by running enormous surpluses. But Chavez has promised all sorts of spending that could only be financed by high oil prices.
Mexico did the same and in the 1990's, when oil wasn't flying as high as they needed, they ended up borrowing against their oil reserves, essentially lending their oil to America s collateral.
Now, I don't think Venezuela under Chavez would ever deign to borrow money from the US. But could they end up in financial straits by overextending themselves based on optimistic oil price projections? Absolutely. MIght it not happen. Also, absolutely.
Maybe Cuba can teach Venezuela a lesson of how to refrain from high-level political cleptocracy and corruption, and Venezuela will return the favour by breaking Cubas economic isolation and, in the process, export values like freedom of speech.. just dreaming here, it might go the other way round right into a nightmare, as well.
I'm not sure how one goes about "teaching Venezuela a lesson of how to refrain from high-level Kleptocracy". Nor am I certain one can "export values liek freedom of speech" I've never seen it done absent military force (and even then I think it's obscenely rare).
As for whether they act like a bloc? They act like allies, as they should. They have common interests, common approaches to problems and common perceived enemies (namely, Bush). But some sort of monolithic bloc? No.
I agree with him on one thing, which is the dangers of Chavismo. Not necessarily the policies - there are warning signs but I think it still looks hopeful - but the person-centered ideology.
Heck, Latin America is a studied history in a procession of personality cults. Simon Bolivar, Juan Peron, Che Guevara, Fidel Castro, Chavez... I doubt Chavez will be the worst or the last.