this post was submitted on 01 Feb 2026
144 points (99.3% liked)
Slop.
775 readers
539 users here now
For posting all the anonymous reactionary bullshit that you can't post anywhere else.
Rule 1: All posts must include links to the subject matter, and no identifying information should be redacted.
Rule 2: If your source is a reactionary website, please use archive.is instead of linking directly.
Rule 3: No sectarianism.
Rule 4: TERF/SWERFs Not Welcome
Rule 5: No bigotry of any kind, including ironic bigotry.
Rule 6: Do not post fellow hexbears.
Rule 7: Do not individually target federated instances' admins or moderators.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Oh well yeah 100%. I actually had an argument with my friend a while back and he was flabbergasted when I mentioned this happened decades before chavez. Chuds stay ignorant as fuck about history
The other prevailing myth is that Chávez kicked foreign affiliates out of the oil industry. In fact, the change was simply a mandatory 51% minimum stake in any joint venture with foreign capital. This ensured domestic control over the nation's own resources, but did not in any way prevent foreign investors from profiting from Venezuela's oil.
The reason the foreigners left, such as ExxonMobile, is that they couldn't take yes for an answer. They threw a tantrum, took their ball, and went home to complain to the US government that they didn't get every single thing they wanted. That's the original sin of the Bolivarian Revolution that led to all of this bullshit.