Capitalist News Interpreted

Factory Worker Take-Over Supported in Venezuela

- by Bruce Lerro - Leave a Comment

In a capitalist country when a company folds, instead of the owners being blamed for bad management practices or poor planning, it is the workers who pay with lost jobs. Furthermore, if workers dared to take over their workplaces after the company folded they would be arrested for trespassing. But in Venezuela when one particular company folded, not only were workers allowed to take it over, but the government supported them with funds!

Read in Venezuelanalyisis

President Nicolas Maduro tours the installations of the Kimberly Clark and committed millions to help the factory produce important basic goods, Aragua, Venezuela, July 21, 2016. (AVN)

About Bruce Lerro

Bruce Lerro has taught for 25 years as an adjunct college professor of psychology at Golden Gate University, Dominican University and Diablo Valley College. He has applied a Vygotskian socio-historical perspective to his five books: "From Earth-Spirits to Sky-Gods: the Socio-ecological Origins of Monotheism, Individualism and Hyper-Abstract Reasoning", "Power in Eden: The Emergence of Gender Hierarchies in the Ancient World" (co-authored with Christopher Chase-Dunn), "Social Change: Globalization from the Stone Age to the Present", "Lucifer's Labyrinth: Individualism, Hyper-Abstract Thinking and the Process of Becoming Civilized", and "The Magickal Enchantment of Materialism: Why Marxists Need Neopaganism". He is also a representational artist specializing in pen-and-ink drawings. Bruce is a libertarian communist and lives in Olympia, WA.

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