By Steve Ellner - Alborada Magazine , May 13th 2015
Historian and veteran analyst Steve Ellner argues that President Nicolas Maduro's economic strategy represents an effort to take the middle road between those demanding radical expropriations irrespective of market reality and those calling for currency devaluation, all as part of a bid to win further breathing room for renewed revolutionary advances
By Mario Villegas/Victor Alvarez- QuintoDia.Com, May 5th 2015
Leftist economist and former high-ranking government official Victor Alvarez offers a critical perspective on state economic policy under the Bolivarian Revolution, arguing that it has perpetuated a neo-rentier logic via exchange controls and other measures that must be abandoned for socialism to advance.
The latest figures show that the country’s total tax revenue almost doubled in the first three months of 2015 thanks to government efforts to tighten up a progressive taxation system over the past 6 months.
The SEZ draw their inspiration from the Chinese model of "market socialism" imposed by Deng Xiaoping in the 1980s, which sought to promote state-regulated capitalist development in specific areas of the country.
Carlos Dorado, Venezuelan entrepreneur and owner of one of the country’s longest standing currency exchange centres, ItalCambio, has launched a public plea to remove the website “Dolar Today” due to the “irreparable damage” which the website is causing to the national economy.