[Marxism] Where is Venezuela’s Economy Headed? | venezuelanalysis.com

Louis Proyect lnp3 at panix.com
Sun Jan 19 08:20:10 MST 2014

In many ways Maduro’s state of the nation address reaffirmed the 
government’s long term economic vision, one toward which only very 
limited progress has been made so far despite the great political and 
social changes achieved over the previous decade. That vision is to 
transform Venezuela’s capitalist economy, in which sectors of private 
capital only engage in speculative activity based on capturing money 
from oil sales, into a “socialist” model where state, private and 
collectively-owned enterprises play a productive role in an 
industrialised and diversified economy.

full: http://venezuelanalysis.com/analysis/10289

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