One hopes that in the midst of the myriad conversations about “what Is to be done?” that are taking place in the hundreds of “Occupy Wall Street” sit-ins taking place throughout the U.S., at least some of the participants will discuss, with a view to finding solutions to the capitalist corruption in the U.S., what has already been done in one of the few countries in the world where the 99%ers actually rule: Venezuela.
To aid those discussions, it might be helpful to review a recent article by Professor James Petras, Bartles Professor Sociology at State University of NY at Binghamtom, who, for eleven years, worked with Brazil’s Landless Workers Movement, compares, in a recent issue of www.venezuelanalysis.com the relative effectiveness of the economic policies undertaken by U.S. President Barack Obama with those of Venezuela’s President, Hugo Chavez.
This writer, an American who has lived and taught in Venezuela for the last four years, has been in a position to observe, at first hand, the effects of Chavez’s socialist policies in meeting the challenge of the Banksters’ s corruption which has caused a world-wide economic crisis.
Chavez dealt with Venezuela’s fraudster bankers by immediately investigating their banks, closing some, nationalizing others and many of the banksters are now sitting in jail. The bank depositors whose savings were looted were made whole by the Venezuelan government virtually immediately.
Suffice it to say, I am very grateful to be living here in Venezuela right now, and not in the heart of the capitalist beast. Having dealt quickly with the fraudulent financiers, socialist Venezuela is surviving the world economic crisis with aplomb and is accelerating its economic growth. Petras explains why, below.
