Nutcase
Chavez continues his war against capital as he sets a 60 day ultimatum for cement companies to strike a deal over the nationalization of their assets in Valenzuela. Mexico based Cemex, Switzerland's Holcim Ltd, and France's Lafarge SA would become minority owners in the units they built in Valenzuela. Generously,
According to Hugo, I can barge into your house, demand you sell it to me, and then allow you to negotiate to keep part of what you already own. If Chavez is so hot to own these companies, why doesn't he go out and tender an offer to buy shares? This is not an issue of eminent domain and the public good--unless you deem that it is in the public good for the government to monopolize industry--it's an issue of deprivation of property. It's easy to deprive faceless corporations, despite the reality these corporations are really a collective of thousands of employees, myriad suppliers, and customers that are as personal as you or me. In the end, all corporate entities boil down to people. Where will it stop?
Maybe today it's a company, tomorrow it may be the individual.
the companies could negotiate over continuing as minority partners in their units and over compensation for the loss of their assetsHow nice.
According to Hugo, I can barge into your house, demand you sell it to me, and then allow you to negotiate to keep part of what you already own. If Chavez is so hot to own these companies, why doesn't he go out and tender an offer to buy shares? This is not an issue of eminent domain and the public good--unless you deem that it is in the public good for the government to monopolize industry--it's an issue of deprivation of property. It's easy to deprive faceless corporations, despite the reality these corporations are really a collective of thousands of employees, myriad suppliers, and customers that are as personal as you or me. In the end, all corporate entities boil down to people. Where will it stop?
Maybe today it's a company, tomorrow it may be the individual.
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