Re: Monopoly In Venezuela

["John Gelles" <jjgelles@xxxxxxxx>]

	"My advice would be, Kill your monopolies." -- Charles Mueller

	Good advice, as far as it goes.

	The businessmen, landed wealthy, and few who have
	it OK in poor nations, all  want and must hold money
	abroad and/or money at home that is hard to come by
	 if you're poor.

	Keynesian solutions make money at home easy to
	come by if you're poor. It comes from government
	programs to increase production and consumption.

	It is opposed by those above because they do not
	believe in easy money systems of production.

	IF, in any of the advanced industrial nations, the
	Keynesian solution proved it worked, it would spread.
	Once it takes hold, some monopoly operations would
	be "killed" or regulated -- others would continue if
	they do little harm.

	We hear always of limited Keynesian-like success.
	Denmark, I believe, built an auto-parts industry to
	replace mining when prices dropped below the cost
	of hire. Many examples exist of successful middle class
	growth and protection eras under enlightened government,
	business and labor systems. But no nation has developed
	an easily transported set of rules for Venezuela to copy.

	Naked trust busting without institutions to support
	a competitive business environment is no solution.

	The problem is money -- unless you can buy the
	support of the rich and powerful in bringing their
	nations up to par, they will fight you with money,
	goons and guns.  That means you must offer them
	money that pays no taxes and holds its purchasing
	power as output rises.  That's what the IEA system
	offers. Read  http://www.rain.org/~jjgelles/elaj-iea.htm

	     John Gelles       jjgelles@xxxxxxxx