[R-G] [A-List] Russia Cuts Taxes for Oil Companies

[Néstor Gorojovsky]

2008/5/27, Yoshie Furuhashi <critical.montages at gmail.com>:
> The beginning of the end of resource nationalism, defeated by
>  capital's refusal to invest and the resulting production decline?  But
>  where is the guarantee that the money saved through tax cuts will
>  actually go to investment into oil production? -- Yoshie

There is less than zero guarantee. The social layers that hold in
their grip those commodities that are essential in foreign trade of a
non-metropolitan country NEVER behave like their supposed counterparts
at the core. They are more interested in accumulation ON A GLOBAL
SCENARIO than in accumulation WITHIN THEIR «OWN» NATIONAL SPACE.

The experience with Latin American bourgeoisies is sobering enough for
us to safely conclude that if the Russian regime wants to establish a
serious effort of self-centered accumulation it will have to trample
on the supposed "rights" of post-Soviet bourgeoisies as the Bolsheviks
had to do with the Czarist ones.

Tertium non datur.

Anne Williamson, a member of this list, has had face-to-face
experience with these "bourgeoisies", and came out quite appalled of
the meeting. Her experience is far from original, to be sure.



>
>  <http://uk.reuters.com/article/oilRpt/idUKL2621240220080526>
>  Russian govt clears first step in oil tax cuts
>  Mon May 26, 2008 1:15pm BST
>
>  MOSCOW, May 26 (Reuters) - The Russian government cleared on Monday a
>  proposal to reduce the mineral extraction tax on oil, the first of
>  many steps it is planning in order to revive production growth in the
>  key industry.
>