If you performed work, you WOULD get benefits. Businesses don’t need to be “owned.” If you worked 80 hours a week (which you should never do btw), you would make much more than employees who don’t. And no famine has ever resulted from entrepreneurial apathy.
Most foreign companies have gone. The last figures I saw expected a 5-10% decline in the economy this year. But would you work if pay if a days labour wouldn't even buy you enough to eat?
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Well, SOMEBODY’s still employing that other 80%. I assumed it’d be foreign oil interests.
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I don't think the figure for employment is correct. Venezuela has technical issues with its oil sector. Low capacity in its refineries and it needs to buy sweet crude to mix with it's own production and it had no hard currency to do this with.
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