Ch vez Seizes Greater Economic Power

“In the end, the nationalizations carry the risk of making the economy even more dependent on oil exports than it already is.”

SIMON ROMERO CARACAS, Venezuela - Faced with shortages of foods, building materials and other staples, President Hugo Chávez is intensifying state control of the Venezuelan economy through a new wave of ... via HendersonvilleNews.com

[morochos]

This process of state control over the national economy in Venezuela, is the continuation of old politics in our country. The Puntofijo regime (Adecos y Copeyanos) used similar policies during 3/4 of his 40 years ruling, with pathetic results.
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