Protest against Ecuadorian reforms..

[R_P_A_S]

according to the BBC:
http://news.bbc.co.uk/2/hi/americas/7208591.stm


I have some questions regarding the oppositions claims when it comes to the reforms president Correa of Ecuador and even Hugo Chavez of Venezuela try to implement.

Here' what EVERYONE always claims again the reforms..


Critics say the reforms will focus more power in the president's hands and this will frighten off foreign investors.

Ok.. so here' is my question dealing with the "critics concerns"

1. Who exactly is the critics and how significant are they? as opposed to the people who are in favor of the reforms?
*My understanding is that the critics are business owners, people who's current or old system benefit the most, obviously capitalist. that small minority. right? as opposed to the struggling mother or working class family trying to make ends meet? correct? OK...

2. Why do they ALWAYS say it will "give more power" to the president?
How exactly does that work? and why do they always cry that? I don't get that one..

[R_P_A_S]

B U M P P P!!!

[spartan]

1. Who exactly is the critics and how significant are they? as opposed to the people who are in favor of the reforms?
*My understanding is that the critics are business owners, people who's current or old system benefit the most, obviously capitalist. that small minority. right? as opposed to the struggling mother or working class family trying to make ends meet? correct? OK...

You are basically right.

Basically the reforms (Which seem to be an attempt at nationalization and having more state control over the economy) will limit what the Capitalists can invest and make profit in.

2. Why do they ALWAYS say it will "give more power" to the president?
How exactly does that work? and why do they always cry that? I don't get that one..
Because the President is the head of state, and nationalization places the industries, which have been nationalized, under state control.

Nationalization, when their is no war on to threaten their position, is the biggest threat to the power of the Bourgeois and their money in peace time (Minus any workers revolution of course) so that is why they fight against it.

Nationalization in war time is seen as okay by the Bourgeois as, though their assests are under temporary state control, the states aim in doing so is to defend the Bourgeois and its property (Via the use of conscripted Proletarians in their states military) from takeover by a foreign Bourgeois.

But nationalization in peace time, from a Bourgeois perspective, is pointless, and is seen as an attempt at Socialism (Actually State Capitalism) on the part of the government implementing nationalization.