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Venezuela: 'Capitalism is no longer an option' | Green Left Weekly
In Venezuela's October 7 presidential elections, the candidate leading the polls — President Hugo Chavez — is standing on a platform of pushing a socialist transformation. Leaked documents show his main opponent, Henri Capriles Radonski, has a neoliberal agenda. But publicly he presents himself as a social democrat who supports pro-poor policies such as the Chavez government's health and education social programs. Luis Hernandez Navarro wrote in the September 23 Guardian: “In Venezuela, to be a rightist is out of fashion.” “As is shown in several opinion polls,” he writes, “Venezuela has given birth to a new political culture where the socialist ideal is widely accepted. Half the population agrees with the idea of building a socialist country, against 29% who oppose it.” Hernandez Navarro pointed out: “The strength of this new political culture, and of the strides towards social inclusion made by the Bolivarian government, make things quite difficult for Capriles … He can't oppose this ideal in public without damaging his chances of victory.” On the other side, Chavez is standing for a drastic deepening of the process of change — in a context where, despite the changes, huge sections of the economy and state remain under the control of big business. via www.greenleft.org.au
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Blankfein, No Socialist, Sees Flaws in Wealth Distribution - SFGate
Sept. 19 (Bloomberg) -- Lloyd Blankfein, chief executive officer of Goldman Sachs Group Inc., said he isn’t a socialist, though he believes economic growth hasn’t resulted in a fair enough distribution of wealth. Two goals of the economic system should be to expand and spread global wealth, Blankfein, who turns 58 tomorrow, said in a discussion today with Royal Bank of Canada CEO Gordon Nixon at an event hosted by the Canadian Club of Toronto. “Over the long term, if the system works well, it should accomplish both goals,” Blankfein said. “It hasn’t accomplished enough of the second goal in the right way, and that’s what the distress is over.” Occupy Wall Street, the global movement against inequality that ignited in Manhattan last year, marked its first anniversary with demonstrations on Sept. 17. Protests against income disparity, bankers’ greed and corporate abuse sprouted from San Francisco to Hong Kong after demonstrators established an encampment in Manhattan’s Zuccotti Park a year ago. “In the United States over the last generation or two we’ve been much better at generating wealth and much less good at distributing it,” Blankfein said. Still, he said he doesn’t believe in wealth redistribution. “No one’s going to accuse me of being a socialist, and I’m not,” Blankfein told the audience of about 860 business people. ‘Disproportionate’ Attention Attention the financial industry and firms including Goldman Sachs have faced for their role behind the financial crisis has been “disproportionate” though not necessarily unfair, Blankfein said. “For me, it’s...
Jodi Dean
Jodi Dean is a political theorist.
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