Yes, I took the term "siphoning" from the earlier posted article by Jim D. Yes, siphoning for health and education and other superfluous sorts of spending.
On Sun, Mar 06, 2005 at 11:55:02PM -0400, michael a. lebowitz wrote: > I'm afraid that I don't know. I may have come across some calculations on > lost state revenue by Bernard Mommer (as the result of the links with > foreign subsidiaries), by someone else at Oxford (Boue?) and on the > sobranie website, but I don't have the time to search. There was also vast > overstaffing by the PDVSA meritocracy, which had many perks. It would only > be a portion of the loss, though, because the vultures were everywhere > (getting privileged access to various funds), ie., lots of rent-seekers. As > for the 'siphoning' of funds now for social programmes, here again I don't > know of a summary. (The ministry of planning and development may have the > information on its website.) What's a social programme, though? Would you > include the programme in which people are getting specific education and > training (including studying how cooperatives function) to prepare them for > working in the nuclei of endogenous development-- and getting funding > during this period of training? Or, do you mean just health, basic > education and housing? > michael > At 18:00 06/03/2005, you wrote: > >Michael L., how would the money sipohoned off for social programs compare > >with the > >money siphoned off by the former company bosses? > >-- > >Michael Perelman > >Economics Department > >California State University > >Chico, CA 95929 > > > >Tel. 530-898-5321 > >E-Mail michael at ecst.csuchico.edu > > Michael A. Lebowitz > Professor Emeritus > Economics Department > Simon Fraser University > Burnaby, B.C., Canada V5A 1S6 > > Currently based in Venezuela. Can be reached at > Residencias Anauco Suites > Departamento 601 > Parque Central, Zona Postal 1010, Oficina 1 > Caracas, Venezuela > (58-212) 573-4111 > fax: (58-212) 573-7724 -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu
