By Federico Fuentes
March 21, 2009 -- “This government is here to protect the people, not the bourgeoisie or the rich”, proclaimed Venezuelan President Hugo Chavez on February 28, as he ordered soldiers to take over two rice-processing plants owned by Venezuelan food and drink giant Empresas Polar.
The move was made in order to ensure that the company was producing products subjected to the government-imposed price controls that aim to protect the poor from the affects of global price rises and inflation.
Under Venezuelan law, companies that can produce basic goods regulated by price controls must guarantee that 70-95% of their products are of the regulated type.
“They’ve refused 100 times to process the typical rice that Venezuelans eat”, said Chavez. “If they don’t take me seriously, I’ll expropriate the plants and turn them into social property.”