On the problems that arise when nationalizing private companies, ARABOZA

In Venezuela's crisis, oil is the only thing that stands out,
In fact, Hugo Chávez nationalized a tremendous number of private companies from 2008 to 2010.
Chavez's supporters have been forced to take part in the management of the union,
The union bribed shareholders and drove out the executives.
That way, we nationalized many private companies.


The reason Chavez spurred nationalization was because he had to reinforce populism.
In 2009, Chavez tries to revise the constitution. The opposition, as well as the forces that seemed to uphold him up to now, have resisted.
Chavez pushed for a constitutional amendment that removed provisions restricting the president's re-election. To regain his popularity, he had to endure the poor.



In this article, I will give only three examples of private companies that have nationalized Chávez.



First, Cargill.
It is a US grain processing company.
It is a company that produces flour, corn flour, edible oil, etc., which South American people eat as stocks.
Chavez 's eye on this company was, of course, to win the poor.

Chávez originally demanded Cargill to lower his food prices.
Chavez has argued that companies want to lower their prices if they want to do business in Venezuela, as the market returns to the greed of some capitalists.
Cargill, however, declined to see a deficit if prices were lowered.
In the end, Chávez nationalized Cargill in March 2009.

Chavez's famous phrase at the time was "This revolution means business."
And this is a horrible reality (later Chavez follows him).

The poor were enthusiastic about Chavez 's policies.
In fact, most of those who say Chávez misses are those who have experienced the ridiculous populism around 2010.
In the end, Chávez followed him to cancer, and the Venezuelans grieved the death of their parental companion.



But they had some real grieving to do in the future.
As Maduro took office, the production of Cargill began to decline.
There were two major problems.
First, most of the people appointed to the state-owned enterprises were not responsible for the parachutes and had no expertise.
Another problem was the black market.
As the market suppressed the price set by the state, the output decreased and the people who wanted the goods had to give more money. And the bureaucrats of the corrupt public enterprises began to take things off the black market. This is because more money is earned on the black market than on government employees' salaries.

The riches of the big business in your eyes may seem like you do not seem to end up endlessly, but there is no such thing.
If the minus continues, the stock is exhausted and nothing happens.
The production of Cargill, the largest food producer in Venezuela, has plummeted, and production has not recovered to this day.
Once a public corporation rotates, its corruption is beyond the imagination of the worker.


The food shortage in Venezuela is not due to famine.
Grain is produced. However, there is a problem in the process of processing the grain and supplying it to the city.
There is food on the black market. But most ordinary people do not know where food is.
And the dogs shed tears more than a dozen tears when Chavez died. Of course, it is still shedding.


I am sorry for the gays who eat at meals, but this is the reality of Venezuela.
This revolution means business.










Chavez's second nationalization is also a US company.
Owens is an Illinois company. It is a glass producer and the largest glass producer in Venezuela.




In 2010, Chavez also nationalized Owens Illinois.
It was because there was a plan to buy the glass at a lower price and to renovate the capital Caracas.
Glass manufacturing, however, required much more sophisticated technology than flour production,
Production has fallen sharply because American engineers who are very nationalized have left.
In Venezuela, the vitality is also serious, although it is not noticed because of the food shortage.
The city's landscape is getting tougher because it is unable to repair old or destroyed buildings.



There are many gay people who are famous because they are so famous, but the Tower of David in Caracas.
It is a building that was suspended during the construction of high-rise buildings, while foreign currencies were shrinking and material prices skyrocketed (Chávez regime also nationalized building materials companies).
As the poor began to live in this building, they became known as 'the highest slums in the world'.
There are many houses in this building without windshields. Fingering experience ㅁ ㅁ ㅊ?









The last company to introduce is the American power company AES.

Chavez, however, did not nationalize the AES.
If I had a nationalization and had a power shortage, I would have recognized that it was negative.

The Chávez government paid for the shares of AES and purchased the facilities of AES to establish the state-owned company Electricidad de Caracas.




Thanks to the abundant oil, it is unlikely that the electricity will be cut off by the thermal power generation
It is a high-tech industry that requires a lot of facilities and high-quality manpower to manage.
But when it became a state-run corporation and turned into a honey-sucking place for the paratroopers of the regime, Caracas Power began to have problems.


The story of power shortage has flowed out for a few years ago, and when the lack of electricity makes it impossible to turn the refrigerator, the Venezuelans have reached the point where they eat the bad meat.



The power infrastructure is broken, but the Maduro regime and Caracas Power have not repaired it.
There is no budget to repair the infrastructure.
There was no big problem if only the power for the elite group loyal to the government was secured anyway.
What happened was a blackout.







The problems that arise when nationalizing private enterprises are as follows.
1. Lack of productivity and inefficiency
2. The hot spot of corruption
3. Once a state-owned enterprise is privatized, it is difficult to endure. Because the public corporation's iron rice crap is bored.


Especially, companies that demand advanced technology are more likely to decline when they become nationalized.
Samsung, Apple, Amazon, and Lockheed Martin. It's a matter of time before you break.

I am honestly looking forward to seeing the dog pigs who are pleased with the nationalization of Korean airlines by raising the anger of their subordinates.
It is not just a sound, but it seems that there is really no hope in this country.
I do not know if I have ever been to Ilbe since 2016, but then, "How can I be like Venezuela in Korea?" The nasties of the nasty ones were terrible. Are you still there? 

Why do these idiots overestimate themselves? Koreans are not such a great nation. If you do things like America, you will be like America, and if you do things like Venezuela, you will be like Venezuela. Why do these bitches expect to plant beans and have red beans?

I will continue to use those who will use Korean Air in the future. However, every time you ride Korean Air, you can play Russian Roulette. The outward appearance of the service will be in good condition, but there will certainly be problems internally. And this problem will not be fixed until an airplane accident happens. It is obvious that when a plane is crushed, more people die than people who died on the lake, but there will not be a litter of candles or ribbons.



But I do not give up hope.
Even if there is a big tragedy, not all Koreans die at the same time.
I will die a man who will die in a crisis, but those who are still left will realize the reality and find out where it went wrong.

And in the face of the crisis, I've never thought about what kind of world they are going to be,


The day will change like this.

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