“We want to liberate ourselves from capitalism”
On the morning of January 19th, in the Ayacucho room of the Presidential Palace in Caracas, and with the presence of Venepal workers and trade union leaders, Chavez signed decree number 3438 which expropriates Venepal. From now on it will be co-managed by the workers and the state.
full article
http://www.marxist.com/Latinam/venepal_nationalised.htm