[cracrecry]

Redistributing wealth is also called "stealing". Most wealth has to be continuously created before being stolen and current societies collapse when people stop creating wealth(as they are stolen blind) or just leave.

Look at what happened in Venezuela. The country had great engineers extracting oil. Then Chavez happened and started "redistributing wealth" and putting its generals into stealing as much as they could putting his (incompetent) families and friends on all companies like PDVSA, controlling the gold mines and everything else.

They extracted as much wealth as they could for their selves in the shortest amount of time.

All the great engineers and doctors and technical people leaved the country. PDVSA output remained stable for a while, while the infrastructure laid by the engineers lasted until it started collapsing by lack of maintenance.

I went to Venezuela two months ago. It is accident after accident. Oil spill after oil spill by obsolete infrastructure and lead by incompetent people.

Now a small country like Guyana extracts as much oil as Venezuela.

>based on how inefficient the government is,

If you believe US or any western country's Government is inefficient, you have to see socialist countries to really see orders of magnitude more inefficiency.

In Russia, China, Venezuela or lots of other countries in the world have at least 50-60% corruption rates. You pay X millions to develop radar defense systems and most than half of the money goes to corruption.

Sometimes it is the Government(China) itself that forces you to accept bribes so it has a weapon against you in case you become too powerful for the people in power.