Two giant firms employing two of the most brilliant teams of workers on
the planet could be helping to make the world a better place. Instead
they are producing  killing machines. That’s capitalism for you.
Instead of co-operating, they are squabbling over market share. As Karl
Marx said, “It’s one thing to share out profits and quite another to
share out losses.” Could this be the start of a trade war?

After the cement industry, now Chavez has nationalised SIDOR
with its 15,000 workforce. This has come about thanks to the pressure of the
SIDOR workers who were able to contact Chavez directly. The decision is a
correct one. It must now be followed by a general nationalisation of the
commanding heights of the Venezuelan economy and finally complete the
revolution.

In a bizarre but brilliant turn of editorial line, BBC’s
Newsnight has launched an apparently socialist documentary series on China. At
least, that was how it appeared on the basis of Paul Mason’s excellent report
on Wednesday 26th March, to be followed up the following week.