Michelle Bachelet's Chile
isn't tolerating any dissent;
A Chilean
mining contract worker was shot dead by police on Friday as a labor
strike against state-owned copper company Codelco stretched into its
fourth day, the union representing the workers said.
Take note of that which we bolded in the above sentence.
Codelco
said this week that increasing benefits for contract workers was "not
compatible" with current market conditions. The copper price is at
multi-year lows, dragged down by worries over demand in key buyer China.
The
mining giant saw its profit decline by 22 percent in 2014 mainly due to
a fall in copper prices. However, the Chilean government has been
injecting billions of dollars into the company as part of an ambitious
investment plan to revamp older mines and build new ones.
But the
camaradas want their share of the socialist wealth.
Chile practices a crude form of socialism. In modern, socialist states like the US and the EU members, corporations are maintained between the state and the public. The government tells (or nudges) the companies to do what it wants, and the public blames the companies.
ReplyDeleteIt is much better to blame the banksters, the health insurance industry, or the fast-food franchises (not the govt), while the govt promises more regulation.
On the other hand, companies usually won't shoot protestors. That is hard to explain. The govt doesn't explain anything.