Thoughts on Argentina's Conjunctures :: Recuperating Work, Recovering Life (2005-2007)

Friday, September 23, 2005

A Latin America-wide economy of solidarity of worker recovered enterprises?

One of the things that el MNER (National Movement of Recovered Enterprises) was working on when I was in Argentina this summer was forging alliances with other recovered factories across Latin America, especially with Venezuela. This is what Eduardo Murúa, president of MNER, personally told me and it was also reported in the local news media. It seems that Chavez is interested in using the Argentinean recovered enterprises cooperative model in his drive to nationalize major sectors of Venezuela's economy. To back his words, he's promised a huge infusion of cash in debt bonds to the Argentinean economy and has promised some of this money to go directly to the recovered enterprises in the form of very favourable loans for them (at around 4% interest per year as Chilavert's Cándida Gónzalez speculated in a conversation I had with him). Both Chavez and Murúa, envision an economy of solidarity across Latin America.

I wrote about this on my blog when I was in Argentina: http://www.vieta.ca/thoughts/2005/08/venezuelas-president-chavez-prepared.html .

Here's a more recent article on the topic that came out yesterday: http://www.aporrea.org/dameverbo.php?docid=66394.

This topic is up for discussion at the the First Encounter of Latin American Recovered Enterprises, scheduled to take place in Caracas, Venezuela on October 27-29 of this year.