Venezuelan citizenship, and who incidentally are here, we woke up this morning amid a new political-economic scale. The Venezuelan government on the express orders of President Hugo Chavez decided to end a long conflict between workers and employers renationalising the largest steel company in the country. To make matters worse the announcement was made in the early morning, just a few minutes past one in the morning, Executive Vice President Ramón Carrizales.
A multinational corporation
SIDOR (Steel Orinoco) is 60% controlled by Ternium group, the other 40% of the shares are divided between government and workers equally. It is the world's largest manufacturer of seamless pipes, an essential input for the oil industry, with a large expansion in recent years.
U.S. Ternium acquired Hydril Company, which has strong presence in the Gulf of Mexico, Brazil and West Africa. He also bought in the north country the company Maverick Tube Corp. And in Mexico to Hylsamex.
turn Ternium is controlled by Argentine-Italian group Techint (SIDERAR, SIDERCA, LOSA Olavaria) founded in 1946 by Italian immigrant Agostino Rocca, which it is presented as the national capital, and is along with the oil company Repsol of the great productive capital apoyaturas transnationalized Kirchner government.
TAMSA In partnership with (Mexico), Dalmine (Italy), NKK Tubes (Japan) and Algom (Canada) controls the Tenaris group, the largest producer of welded pipes in the world, which owns 11% of the shares of Ternium .
SIDOR has so far been a linchpin of a magnitude that has transnational game itself on the world market as a supplier of the oil industry and for the automaker rolled.
The second wave is not about an isolated, whose nationalization terms are not known and it will lead to a lengthy negotiation as it is, like all here, nationalization pay, certainly well paid, but occurs as part of a series of actions in the same direction.
nationalization This group could well form part of what I call the second wave. If the first was focused on service sectors, telephone, electricity, communications, oil well, the second is focused on sectors of production: in the past fortnight the plant was nationalized the country's largest dairy, three cement and steel now .
As shown it is productive sectors and services that play a key role in developing self-centered, here defined as endogenous, even in the frameworks imposed by globalization.
Cement companies are critical to the maintenance of a national housing plan today, weakened by lack of basic supplies, dairy products have been a food shortage in more recent times, and the nationalization of the milk processing plant should be seen as the necessary complement to the cooperative agreements SANCOR of our country, which this year will provide 18,000 tns. powdered milk in return for a financial contribution to refinance debt of around $ 80 million that the Venezuelan government released these days, thus fulfilling the agreement signed last December. This agreement also includes a contribution of 55 million as working capital. Advance
Bolivarian process and economic policy decision is a definite improvement of the radical wing of Chavez and the Bolivarian government's recovery, which appeared beaten and detained by the electoral results of constitutional referendum on Dec. 2.
is a State reappropriates accumulated capital resources and strategic for national development.
Nationalization ending a conflict between capital and labor that left very badly on the government. The origins go back to fifteen months ago as part of the discussion group for higher wages, improved working conditions in retirement and the move to outsource ground staff. To get an idea of \u200b\u200bthe latter claim must be noted that the permanent staff is about 6,000 workers (1,200 senior staff), while contracts are in the order of 9,000 and whose working conditions are of great insecurity.
These claims were taken up by executive vice president at a press conference who said the intransigence of the company, whom he accused of "colonialist attitudes, unethical and inhumane, and maintain Barbarian operating conditions of its workers. "
also echoed the complaints of workers in that since privatization are raw materials (iron) at subsidized prices, with prices also reclaimed power, and then sold on the local market finished products at international prices.
Thus SIDOR gains rate is huge, its balance sheet for 2007 recognizes benefits of $ 127.2 million, although other reports do get these utilities to more than triple. Win
workers
At a time of writing the TV shows images of thousands of workers concentrated in front of gate 3 of the plant, expressing his joy and recognition of their claims by President Chavez.
No wonder. During the long months of the conflict were severely repressed and some imprisoned by the National Guard, that he even destroy the cars. Again and again denounced the intransigence of the company, the alleged "neutrality" of the Ministry of Labour as well as assault and attempted amedentramiento they suffered.
The union that groups, SUTISS, organized a referendum to consult the workers to accept or reject the proposals of the company, rejection was unanimous on Thursday March 29 held a massive march accompanied by much of the town of Ciudad Guyana. Saturday, 31 took place there called the National Trade Union Meeting which brought together 100 unions and 7 National Federations, which among the various resolutions decided a national strike and a march on Caracas. At the same time demanded the resignation of Minister of Labour.
This government decision is a result of pressure exerted by the mobilization of workers and represents a major victory which will have national implications. Notes also contradictions within the Bolivarian government. Additionally
be followed receipt of this measure in the national government. A year ago when President Chavez threatened a similar move by the company favored the international market to the detriment of internal mediation of President Kirchner and his wife calmed things down. Now the decision is made, we will see how it impacts not only relations between Venezuela and Argentina, but Brazil and Mexico.
By: Eduardo Lucita, a member of the group EDI-Economists of the Left. Jheller06@ciudad.com.ar
A multinational corporation
SIDOR (Steel Orinoco) is 60% controlled by Ternium group, the other 40% of the shares are divided between government and workers equally. It is the world's largest manufacturer of seamless pipes, an essential input for the oil industry, with a large expansion in recent years.
U.S. Ternium acquired Hydril Company, which has strong presence in the Gulf of Mexico, Brazil and West Africa. He also bought in the north country the company Maverick Tube Corp. And in Mexico to Hylsamex.
turn Ternium is controlled by Argentine-Italian group Techint (SIDERAR, SIDERCA, LOSA Olavaria) founded in 1946 by Italian immigrant Agostino Rocca, which it is presented as the national capital, and is along with the oil company Repsol of the great productive capital apoyaturas transnationalized Kirchner government.
TAMSA In partnership with (Mexico), Dalmine (Italy), NKK Tubes (Japan) and Algom (Canada) controls the Tenaris group, the largest producer of welded pipes in the world, which owns 11% of the shares of Ternium .
SIDOR has so far been a linchpin of a magnitude that has transnational game itself on the world market as a supplier of the oil industry and for the automaker rolled.
The second wave is not about an isolated, whose nationalization terms are not known and it will lead to a lengthy negotiation as it is, like all here, nationalization pay, certainly well paid, but occurs as part of a series of actions in the same direction.
nationalization This group could well form part of what I call the second wave. If the first was focused on service sectors, telephone, electricity, communications, oil well, the second is focused on sectors of production: in the past fortnight the plant was nationalized the country's largest dairy, three cement and steel now .
As shown it is productive sectors and services that play a key role in developing self-centered, here defined as endogenous, even in the frameworks imposed by globalization.
Cement companies are critical to the maintenance of a national housing plan today, weakened by lack of basic supplies, dairy products have been a food shortage in more recent times, and the nationalization of the milk processing plant should be seen as the necessary complement to the cooperative agreements SANCOR of our country, which this year will provide 18,000 tns. powdered milk in return for a financial contribution to refinance debt of around $ 80 million that the Venezuelan government released these days, thus fulfilling the agreement signed last December. This agreement also includes a contribution of 55 million as working capital. Advance
Bolivarian process and economic policy decision is a definite improvement of the radical wing of Chavez and the Bolivarian government's recovery, which appeared beaten and detained by the electoral results of constitutional referendum on Dec. 2.
is a State reappropriates accumulated capital resources and strategic for national development.
Nationalization ending a conflict between capital and labor that left very badly on the government. The origins go back to fifteen months ago as part of the discussion group for higher wages, improved working conditions in retirement and the move to outsource ground staff. To get an idea of \u200b\u200bthe latter claim must be noted that the permanent staff is about 6,000 workers (1,200 senior staff), while contracts are in the order of 9,000 and whose working conditions are of great insecurity.
These claims were taken up by executive vice president at a press conference who said the intransigence of the company, whom he accused of "colonialist attitudes, unethical and inhumane, and maintain Barbarian operating conditions of its workers. "
also echoed the complaints of workers in that since privatization are raw materials (iron) at subsidized prices, with prices also reclaimed power, and then sold on the local market finished products at international prices.
Thus SIDOR gains rate is huge, its balance sheet for 2007 recognizes benefits of $ 127.2 million, although other reports do get these utilities to more than triple. Win
workers
At a time of writing the TV shows images of thousands of workers concentrated in front of gate 3 of the plant, expressing his joy and recognition of their claims by President Chavez.
No wonder. During the long months of the conflict were severely repressed and some imprisoned by the National Guard, that he even destroy the cars. Again and again denounced the intransigence of the company, the alleged "neutrality" of the Ministry of Labour as well as assault and attempted amedentramiento they suffered.
The union that groups, SUTISS, organized a referendum to consult the workers to accept or reject the proposals of the company, rejection was unanimous on Thursday March 29 held a massive march accompanied by much of the town of Ciudad Guyana. Saturday, 31 took place there called the National Trade Union Meeting which brought together 100 unions and 7 National Federations, which among the various resolutions decided a national strike and a march on Caracas. At the same time demanded the resignation of Minister of Labour.
This government decision is a result of pressure exerted by the mobilization of workers and represents a major victory which will have national implications. Notes also contradictions within the Bolivarian government. Additionally
be followed receipt of this measure in the national government. A year ago when President Chavez threatened a similar move by the company favored the international market to the detriment of internal mediation of President Kirchner and his wife calmed things down. Now the decision is made, we will see how it impacts not only relations between Venezuela and Argentina, but Brazil and Mexico.
By: Eduardo Lucita, a member of the group EDI-Economists of the Left. Jheller06@ciudad.com.ar
nationalizations socialist economy + Blogalaxia Hugo + chavez Venezuela policy economy Sidor free blog PSUV socialism + the + century + xxi workers advice + + other constituents chavez Bolivarian Revolution + democracy popular power + parallel dollar + economy + social
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