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“I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.”     Milton Friedman

March 25, 2007

“Collective Property” in Venezuela

by Jason Pye

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.

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  1. 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…

    Comment by Brad Warbiany — March 25, 2007 @ 8:09 pm
  2. 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.

    Comment by FuckingGringos — March 25, 2007 @ 8:45 pm
  3. “”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.

    Comment by Ryan — March 25, 2007 @ 8:52 pm
  4. my guess is that the three of you have never been to venezuela nor talked to a venezuelan.

    Comment by k. — March 26, 2007 @ 12:06 am
  5. 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.

    Comment by Adam Selene — March 26, 2007 @ 10:31 am
  6. Does this mean that Hugo will be giving up the Presidential palace and private airplanes ?

    Comment by Doug Mataconis — March 26, 2007 @ 10:54 am
  7. No, no, no Doug,

    Private property for me, communal property for thee.


    Comment by Nick M. — March 26, 2007 @ 11:16 am
  8. Okay,

    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 ?

    Comment by Doug Mataconis — March 26, 2007 @ 11:46 am
  9. 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.

    Comment by carlosganz — March 28, 2007 @ 12:49 pm

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