“Collective Property” in Venezuela

Hugo Chavez is killing his country…his latest socialist move is to create “collective property”:

Vowing to undermine capitalism’s continued influence in Venezuela during his television and radio program “Hello President,” Chavez said state-financed cooperatives would operate under a new concept in which workers would share profits.

“It’s property that belongs to everyone and it’s going to benefit everyone,” said Chavez, a close ally of Cuban leader Fidel Castro whom opponents accuse of leading Venezuela toward Cuba-style communism.

Chavez — a leftist former paratrooper popularly known as “El Comandante” — said his government fully respects private property, but pledged to replace capitalist ideals with socialist principles on cooperatives such as cattle ranches and farms.

It’s just another step toward the elimination of private property under the Chavez regime.

  • http://unrepentantindividual.com/ Brad Warbiany

    You know, this is probably one of the worst moves yet. This is worse than the price controls. This is worse than the nationalization of oil companies.

    Human beings don’t do well in “collective property” arrangements. Just ask the Pilgrims…

  • FuckingGringos

    Keep it up comrade chavez! this is the only way to go. You are truly the modern day Jesus Christ!
    viva hugo chavez!

    we need to create the socialist paradise here one earth. screw the gringos, and they can go screw themselves.

  • http://kponly.blogspot.com Ryan

    “”If Mr. Chavez really wants to help Venezuela’s poor farmers, he must offer them technical assistance and sufficient financing because land doesn’t become productive without investment,” said opposition leader Alfonzo Marquina. “We’re only seeing increasing shortages and more expensive products.””

    Of, he could try keeping the government’s hands out of the economy and stop his move toward socialism.

  • k.

    my guess is that the three of you have never been to venezuela nor talked to a venezuelan.

  • http://www.thelibertypapers.org/2006/11/22/comrades-i-hereby-declare-the-revolution/ Adam Selene

    My guess is that we can have opinions on the validity of something and how well it will work without having been to that place.

  • http://belowthebeltway.com Doug Mataconis

    Does this mean that Hugo will be giving up the Presidential palace and private airplanes ?

  • Nick M.

    No, no, no Doug,

    Private property for me, communal property for thee.


  • http://www.belowthebeltway.com Doug Mataconis


    So a shout-out to the Hugo Chavez fans out there.

    Why is it okay for him to take the property of every Venezuelan citizen and declare it “communal” property, but he still gets to keep his mansions, private jets, and all that other fun stuff ?

    Do you not see the man is a hypocrite ?

  • carlosganz

    what venezuela really needs is a better education and better finiacial help. my family owns a coffee farm in venezuela and en=ven though i am only 14 i can see that they are struggling because they have no one to employ becauseeveeryone who apllies for financial aid is getting eneoph to live instead of alittle to get them staritng. so we cant sell the coffee and they are going to loose their land which is everything they got there, so whats supposed to happen? chavez has good intentions but he needs to set them up in chronilogical order so that the people can benifit completely.