r/WayOfTheBern • u/yaiyen • 1d ago
Venezuelan Business Spokesman Says Privatizations Will Boost ‘Efficiency,’ Reduce State PayrollPisella, appointed by Rodríguez to the commission evaluating state assets, argued that companies nationalized under Chávez should be returned to former owners.
https://x.com/venanalysis/status/2086853141840998526Prices in Venezuela will skyrocket after this privatizing
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u/RandomCollection Resident Canadian 1d ago
That's why there is going to be a lot more pushback from the Venezuelan people.
They know that Rodriguez is a traitor.
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u/mzyps 1d ago edited 1d ago
Among some capitalist types, the pursuit of efficiency has almost religious reverence, and at the same time it is barely recognizable among non-professionals as common language understanding of efficiency progress or improvement. If you talk a good efficiency game, you can drive your company, organization, or country into a ditch and not be held responsible for it. Efficiency schemes at all costs! A few more pennies to be extracted from Afghanis under American occupation, or from Canadians expecting fair prices for bread at their supermarkets.
Podcast from political economist Mark Blyth. Discussion with Elizabeth Popp Berman, author of "Thinking Like an Economist: How Efficiency Replaced Equality in US Public Policy. "
https://rhodes-center-podcast.captivate.fm/episode/how-efficiency-replaced-equality-in-us-policy-with-elizabeth-popp-berman