Sounds alright. What's missing from the proposal is a collective defense treaty to protect the constituents from imperialist aggression, which is clearly the most urgently necessary part.
I don't think this is a good idea and would backfire unless each state gets to keep their monetary sovereignty, otherwise you kill the ability of it's members to do the bare minimum in it's economy and lock them into a superávit neoliberal mindset. And even then it would still not be good because it would be another capitalist regional union. The only real solution for Latin America is URSAL (Union of Socialist Republics of Latin America) which was a joke made by a sociologist that was then taken as truth by right wing nutjobs here in Brasil, but actually fucks real hard.
These countries are close and the economies are similar. It's not like Venezuela's monetary policy has been wildly successful. Mexico, Brazil, Argentina would still be way bigger with a single currency.
You can't just repackage analysis for the 20 countries in the EU for the 3 small countries in Gran Colombia
It still introduces the problem of being unable to deficit spend. Venezuela specifically makes a lot of use of deficits to fund its reforms and programs, if they couldn't do that anymore how would the system even function?
Just to expand on what you're saying, it wouldn't function properly at the very least and you can look here in Brasil for confirmation of that.
After the 2015 coup of Dilma with her impeachment, we saw Michel Temer take her place and with him came the implementation of a "spending roof" where we can't spend more than the predetermined amount (the roof) to keep the economy in a superávitary state, of course there are specific situations where the government can spend above that, but as rule of thumb it can't go over. Because of that our economy growth is now capped (I don't remember the exact percentage, but it's a very low single digit), we can't properly develop infrastructure, our social nets gets fucked, in particular you can look at SUS (our public health system) where it continues to go underfunded and attacked at every turn. As another example, you can also look into Correios (our national mail delivery system) which has seen mass attacks and has been underfunded to both reduce spending and create the conditions for it's privatization, which hopefully failed so far.
After the 2015 coup of Dilma with her impeachment, we saw Michel Temer take her place and with him came the implementation of a “spending roof” where we can’t spend more than the predetermined amount (the roof) to keep the economy in a superávitary state
Vampiro filha da puta
Does Brazil deficit spend? I don't see why Gran Colombia couldn't
Gran Colombia could deficit spend, Venezuela couldn't.
That doesn't address what I said tho. I'm not directly comparing it to the EU because it doesn't make sense to do so, completely different situation. The problem is that without a central bank in each country with it's own sovereign currency, they cannot control their economy and cannot go into déficit, essentially capping their growth. The MMT correctly describes how spending occurs on a capitalist country and lays bare the lie of neoliberalism and the need for a superávitary economy. Note that I'm not defending the MMT as a viable solution or anything like that, just agreeing with it's descriptive side.
It's not like Venezuela's monetary policy has been wildly successful.
I don't know enough to talk about Venezuela's economy, but I would bet that are other issues at play here if you're referring to a déficitary monetary policy, because that is basically the default for almost every major country in the world.
I don't think this is a good idea
.. unless this alliance get nukes it will be defenseless against the super-power to the North.
Final sentence kinda says it all tbh. American realism has infected the people seen as the mortal enemies of the American empire, so far in fact that their dream superstate usher in a golden age for Latin America involves modelling its foundational pillars on American and European institutions.
The EU and US courts are openly vehicles for fascism at home, and help project the very forces that just knocked down the doors to his neighbours in a display of fire and lead. Perhaps it's cope and he's secretly playing it up for the yts on Twitter but if China had said something like this you'd know we'd be pissed at the witnessing of yet another American cultural victory.
Make it a union instead and include Cuba and I can fuck with it. A union including Cuba will redden over time.
Honestly? I think it's a weird hill to die on. I like the sentiment but this is wishful thinking especially when Colombia is not even a proletarian democracy, and when Venezuela is not a popular topic in the country.
Still, I guess it's not that a major thing to talk about.
Petro was part of M-19, he probably still have a lot of Bolivarian/Rojista brainworms like this.
Haz Colombia Gran Otra Vez?
Make Great Colombia ~~Great~~ Again
Haz Colombia Grande Otra Vez mas bien
"..like in the European Union or in the federal USA" because both of those systems are working so well.
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