[lbo-talk] Venezuela's New Deal capitalists

Tommy Kelly tkelly15450 at charter.net
Wed Nov 10 07:15:41 PST 2004


WSJ quote: "

In a region with the world's biggest divide between rich and poor, few of Latin America's elite have concerned themselves with those outside their mansion walls. But with relentless poverty and the growing class abyss driving a rising tide of populism, some business leaders are slowly pursuing strategies similar to Mr. Vollmer's. Mexican telecommunications magnate Carlos Slim last year held a retreat with fellow billionaires to argue that governments should pursue growth-oriented economic policies to ease poverty. And he forged an alliance with the leftist mayor of Mexico City to redevelop the central historic district."

I wonder what that is going to lead up too?



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