Comments on: Value for Money http://cominganarchy.com/2005/08/30/value-for-money/ Speak Victorian, Think Pagan Thu, 18 Mar 2010 11:11:06 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: IJ http://cominganarchy.com/2005/08/30/value-for-money/comment-page-1/#comment-20550 IJ Tue, 30 Aug 2005 11:56:49 +0000 http://www.cominganarchy.com/?p=1046#comment-20550 Venezuela seems a very political place to invest; one of many around the world. And they are on the increase. It was once the case that private sector (oil) companies were accountable to their international shareholders in the global economy; the companies were cosmopolitan. However laws are national; so there is growing pressure on companies to be accountable to the government where they are based. We are seeing the effective nationalisation of the private sector; less 'connectivity'. Let's not get into the independent audit of VFM. Venezuela seems a very political place to invest; one of many around the world. And they are on the increase. It was once the case that private sector (oil) companies were accountable to their international shareholders in the global economy; the companies were cosmopolitan. However laws are national; so there is growing pressure on companies to be accountable to the government where they are based. We are seeing the effective nationalisation of the private sector; less ‘connectivity’.

Let’s not get into the independent audit of VFM.

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