Friday, September 02, 2005

Venezuela Expropriates

By Jorge Martin

Yesterday’s programme was broadcast from Cumana, where Chavez also participated in the inauguration of the Cacao Agro-industrial Cooperative Union, a Cacao processing plant that had been closed for nine years and has now been bought by the workers organised in a cooperative, with a low interest loan from the government. He explained that the type of cooperativism that is being promoted is one that “generates collective wealth through joint labour, going beyond the capitalist model which promotes individualism”.