PSUV Commission for the Transition to Socialism and Economic War

President Nicolás Maduro announced that the governing party PSUV will stablish a “Commission for Economy and Political Organization” which, according to the Agencia Venezolana de Noticias, “will have two main objectives: to support with proposals the process of transition from the capitalist economic model to a socialist and productive model, and to fight the economic war waged in all its modalities by the Right.”

The part of the Commission devoted to fighting the economic war will be presided by the Superintendent of Just Prices, Andrés Eloy Méndez.

Maduro explained that his functions will be to “continue to formulate the actions for the battle [against the Economic War] in all its manifestations, such as smuggling, speculation, and financial and commercial sabotage.”

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The PSUV defines economic war

The “Ideological Document” of the Ideological and Programmatic Commission of the Third Congress of the ruling Partido Socialista Unido de Venezuela (PSUV), comes preceded by an explanatory glossary published in the PSUV web page.

“With the aim of facilitating the debate it is important to offer an approach to certain terms that will be found in the document, some of which could be unfamiliar,” says the introduction.

Most of the terms defined in the short glossary are economical terms taken from Marxist literature. One, however, stands out as an original Venezuelan contribution to the revolutionary lexicon:

Economic War: a conspiracy that uses violent means (both in the physical and subjective sense), and that rides on the annihilating [aniquiladora] logic of capitalism. It uses mechanisms such as programmed scarcity, speculation, and financial manipulation, to overthrow the revolutionary government.