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Latin America
Related: About this forumMarxist Jorge Martin has the answer: Confiscate everything of value in Venezuela!
Venezuela on the Verge of a Social Explosion?Marxist analyst Jorge Martin examines the causes, responses and solution to Venezuela's current economic crisis.
"...The government seems to be following a policy midway between that of those who advocate the continuation of controls and those who favour lifting them. For instance, the government is de facto allowing the controlled devaluation of the currency to bring it closer to the black market rate. Price controls have effectively ceased to exist, as the promised 50 agreed prices have never been released. The government makes appeal after appeal to private capitalists to invest, to which they demand full liberalisation (of prices, foreign exchange and labour market). Now the government is appealing to Turkish capitalists to invest. Given the extremely low real wages in Venezuela, some of them might be tempted. That is not a real solution, and in any case is not in the interest of Venezuelan workers who are unable to survive at the current level of wages.
The continuation of the present situation in any case already represents a massive adjustment plan, which the workers are paying for through the destruction of the purchasing power of wages.
What is the solution, then? The only way out of the crisis that would benefit the working people of Venezuela would be to expropriate the capitalists, bankers and landowners in order to create a democratically planned economy under workers control. Venezuela in the last 15 years has provided many examples of the superiority of workers control over both private capitalism and the bureaucratic management in the public sector. However, the state bureaucracy and the government have asphyxiated workers control, which is now at its lowest point...."
https://venezuelanalysis.com/analysis/13962
So, there you have it. It isn't enough to make every earner and achiever flee the country, but in the end, it must be to nationalize everything and everyone. Because while owning the bank building is handy, having someone who knows how to run a bank while having a gun pointed at him is just important! Farmers don't just farm for the sake of farming... they need some sort of incentive. And if profit isn't what drives Chavismo, forced labor is needed. Chavismo already owns most of the arable land in Venezuela (previously confiscated in 2003-2009)... time to go after the medium and small plots and give them to right thinking Chavists!
And workers control? The workers already control GM, Bridgestone, Kimberly Clark, Kellogg and numerous other entities that shut down in Venezuela. They produce NOTHING. Giving banks and businesses to party loyalists and communes will send the last vestige of commerce into oblivion. Not that the banks do anything except shift paper around and act as a ledger. They don't offer loans anymore.
*VenezuelaAnalysis is the official English language online opinion source for Chavismo.
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