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Author Topic: Nationalizations in Venezuela
Left Turn
rabble-rouser
Babbler # 8662

posted 08 September 2008 10:07 PM      Profile for Left Turn     Send New Private Message      Edit/Delete Post  Reply With Quote 
Venezuela: Nationalizations Aim to Make Industry Serve Peoples’ Needs

quote:
On August 27, Venezuelan President Hugo Chávez announced the end of negotiations with former owner Ternium over the nationalization of the Sidor steel factory, stating that the government would “take over all the companies that it has here,” and that Ternium “can leave.”

...

During the August 27 broadcast, Chávez stood alongside business owners from the cement industry, with whom the government has also been negotiating since the April 3 announcement that it plans to nationalize the three largest cement companies, which control 90% of the sector.

...

Together with the announcements made earlier this year to take control of more than 30% of milk production and food distribution, and last year’s decision to take majority control of the oilfields in the Orinoco Belt, these moves are part of a second wave of nationalizations, focused on industries related to production.

...
Almost none of the recent nationalizations are the direct result of workers’ struggle in favour of such measures, although in many cases labour disputes were factors. This was the case with fuel distribution, where unions have been warning that the bosses were trying to manufacture shortages and provoke strikes to undermine the government.

In contrast to most of the earlier nationalizations involving small factories, only in Sidor can it be said that the demand for nationalization came from the workers. Even then, the demand was raised only in the last period of the struggle after persistent campaigning by a small nucleus of Sidor workers.

Yet, the future of the nationalized companies depends on the political and organizational capacity of the working class in running these industries, and the working class currently finds itself in a state of dispersion and fragmentation.



From: Burnaby, BC | Registered: Mar 2005  |  IP: Logged
Fidel
rabble-rouser
Babbler # 5594

posted 08 September 2008 10:10 PM      Profile for Fidel     Send New Private Message      Edit/Delete Post  Reply With Quote 
And they have proportional democracy, too. Our Northern Puerto Rico will have to catch up with 80 some other countries some time down the road... when all the oil and gas is siphoned off and we can't afford to heat our shacks anymore
From: Viva La Revolución | Registered: Apr 2004  |  IP: Logged
M. Spector
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Babbler # 8273

posted 24 September 2008 06:22 AM      Profile for M. Spector   Author's Homepage     Send New Private Message      Edit/Delete Post  Reply With Quote 
quote:
Venezuelan President Hugo Chavez said on Friday [Sept. 19] he is "taking back" mines, a sign the leftist may order takeovers in a sector that includes a large gold project run by Canada's Crystallex.

Chavez, who has nationalized swaths of the oil-based economy, appeared to single out Las Cristinas, the Crystallex-owned project that has the potential to be a world-class mine but was denied an exploration permit in April.

"We are taking back big mines, and one of them is one of the biggest in the world. And do you know what it is? It's gold, it's gold," Chavez told supporters at a rally during a speech about the benefits of state control in an economy.


- Reuters

From: One millihelen: The amount of beauty required to launch one ship. | Registered: Feb 2005  |  IP: Logged

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