18 companies nationalised in Venezuela

[REDSOX]

http://www.google.com/hostednews/canadianpress/article/AleqM5IyuRbj2vV5bh-keH49R5bAoOQCQ Another interesting development. The companies nationalised include companies that are food distributors which sell everything from soap, razors toilet paper etc. Apparently the companies were speculating and hoarding, but not any more. These nationalisations were in addition to two other manufacturing comapnies that make aluminium cans and food packaging.

[Chimurenga.]

http://www.google.com/hostednews/canadianpress/article/AleqM5IyuRbj2vV5bh-keH49R5bAoOQCQ Another interesting development. The companies nationalised include companies that are food distributors which sell everything from soap to razor toilet paper. Apparently the companies were speculating and hoarding, but not any more. These nationalisations were in addition to two other manufacturing comapnies that make aluminium cans and food packaging.

"http://www.google.com/hostednews/img/cp_logo.gif?hl=en
The article requested is not available."

[Mindtoaster]

razor toilet paper.



Ouch :blink:

[REDSOX]

Error corrected re razor toilet paper:) if link is broken then apologies just check google by searching venezuela or hugo chavez and you will find the article

[Catillina]

Well I approve this 101%.
He also dares to nationalise the banks, if they dont start to help the industrie of Venezuela instead of making huge profits, and as it seems, Ecuador and Bolivien, plan to to the same

[Palingenisis]

Nationalization doesnt necessarily mean socialization.

[The Vegan Marxist]

Nationalization doesnt necessarily mean socialization.

But it sure smacks capitalism in the face. I approve!

[Palingenisis]

But it sure smacks capitalism in the face. I approve!

Not necessarily at all...Taiwan would be a good example of it not smacking capitalism in its face.

Social-Democracy...The idea of running a capitalist economy for the benefit of all classes is what I mean by that word...Isnt what we are after, and Social Democrats however "Left wing" can be pretty dangerous when actual social relations are challenged.

[The Vegan Marxist]

Not necessarily at all...Taiwan would be a good example of it not smacking capitalism in its face.

Social-Democracy...The idea of running a capitalist economy for the benefit of all classes is what I mean by that word...Isnt what we are after, and Social Democrats however "Left wing" can be pretty dangerous when actual social relations are challenged.

Very true. Should've worded it better. The nationalizations that are going on in Venezuela are smacking the capitalist system in the face. Irritating the fuck out of them. The banks, big oil companies, construction, the food market, etc. The workers are now having a voice here & we're finally seeing a State operate under a different set of conditionings than the majority of States do within the world.

[pranabjyoti]

Not necessarily at all...Taiwan would be a good example of it not smacking capitalism in its face.

Social-Democracy...The idea of running a capitalist economy for the benefit of all classes is what I mean by that word...Isnt what we are after, and Social Democrats however "Left wing" can be pretty dangerous when actual social relations are challenged.
I just want to say two lines.
1) Nationalization can be the starting point of socialism, though it may not be socialism itself.
2) Even bourgeoisie nationalism is smack on the face of imperialism, because it replaces comprador bourgeoisie.

[Die Neue Zeit]

Well I approve this 101%.
He also dares to nationalise the banks, if they dont start to help the industrie of Venezuela instead of making huge profits, and as it seems, Ecuador and Bolivien, plan to to the same

Why, oh why, has Senor Chavez nationalized other stuff but not the banks yet?

[The Vegan Marxist]

Why, oh why, has Senor Chavez nationalized other stuff but not the banks yet?

:confused: ...he did!

http://venezuelanalysis.com/news/3687

[Barry Lyndon]

This thread has been going on for more then 12 hours without ultra leftists jumping all over it and engaging in a we-hate-Chavez masturbation circle! This error must be corrected! They've obviously been neglecting their duty.

[Agnapostate]

It's true that nationalization can be profoundly anti-socialist. Aside from the problem of state capitalism when a party-state elite purports to be a "dictatorship of the proletariat," nationalization can be the last resort of a pro-capitalist regime in times of economic crisis as a macroeconomic stabilization measure. This seems positive, though.

[Die Neue Zeit]

:confused: ...he did!

http://venezuelanalysis.com/news/3687

I said the banks in reference to the entire financial system, as opposed to publicity poster banks here and there.


This thread has been going on for more then 12 hours without ultra leftists jumping all over it and engaging in a we-hate-Chavez masturbation circle! This error must be corrected! They've obviously been neglecting their duty.

My point above was an open criticism.

[REDSOX]

Hugo chavez has nationalised some banks and insurance companies like the Bank of venezuela and insurance company la previsora, he also confiscated and nationalised other banks like banco confederate banco universal banco bolivar, banco central, baninvest etc who were involved in criminal activities. The state controls about 30% of the banking system now only 70% to go!!!. The private banks remaining are extremely tightly regulated with capital controls exchange controls regulation of bank fees as well as being told what they can and where they can lend. The bond market is now also tightly regulated with brokerages shut down. I know its not socialism yet but that is where we are heading in venezuela, a systematic dismantling of the bourgeois capitalist state and hopefully its replacement by a workers and peasents state hopefully not a bureacratic soviet style state. We shall see!!!

[Sperm-Doll Setsuna]

The state controls about 30% of the banking system now only 70% to go!!!!

Generally, nationalising the banks and consolidating them ought to have been a higher priority I think. It's been many years now, and there's still a vibrant private financial sector in Venezuela, which hasn't exactly refrained from putting sticks in the wheel for Chávez...

[The Vegan Marxist]

It's nice to know that people are keeping an eye on the still very present capitalist system that's within Venezuela, but how about noticing what all he's brought as well to Venezuela since he came to office. I mean, there's shit loads that he's done & has really brought, not only a voice to the working class, but he's brought them a new outlook to social relations, brought them the weaponry needed, brought them a newly conditioned State, giving them more power than ever over the bureaucratic market systems, etc. Socialism is gaining strength over there.

[Sendo]

Nationalizing food distribution is better than a co-op model sometimes. Have the resident workers manage the county farms and factories and mines....but I'd rather just trust the national government (a democratically accountable one) to properly and fairly and efficiently distribute goods. Having Moscow manage the shipyards of Vladivostok doesn't make much sense, but neither does having your Vladivostok post office operate as an independent entity in a confederation of postal services.

[Agnapostate]

Could you elaborate on the difference?

[Enragé]

The liberation of the working class can only be the work of the working class itself, not of some state apparatus which places itself above it even if acting in the name of it.

A crucial question should be answered here.
How does this bring the SELF-liberation of the working class closer? How does this enhance the confidence of the working class to act for itself?

To the first, i dont see how. To the second, it doesnt, it only reinforces the idea that some alien power over and above itself should do it for the working class - and in fact, that any other way is impossible.