[Marxism] Venezuela: Gov't to impose profit limit, more than 100 businesspeople jailed for speculation

Stuart Munckton stuartmunckton at gmail.com
Mon Nov 18 18:38:02 MST 2013

The Venezuelan government is planning to implement profit limits across the
economy as part of a crackdown on overpricing, Venezuela Analysis
said<http://www.venezuelanalysis.com/> on
November 18.

The plan is in response to revelations of mass price speculation by
retailers earlier this month. Some companies were found to be taking
advantage of cheap imports at the government’s official exchange rate, then
marking up prices and making profits of more than 1000%.

“Disobedience, in the eyes of anyone who has read history, is humanity’s
original virtue. It is through disobedience that progress has been made,
through disobedience and through rebellion.” — Oscar Wilde, Soul of Man
Under Socialism

“The free market is perfectly natural... do you think I am some kind of
dummy?” — Jarvis Cocker

More information about the Marxism mailing list