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A comment on Venezuela's capital hit by explosions, smoke seen. Parent comment

Re:Venezuela's capital hit by explosions, smoke seen by exe34 on Saturday January 03, 2026 @03:56PM (#46481453)
what do you think nationalise means? it wasn't taken without compensation.
[ Parent | on HN ]
Re:Venezuela's capital hit by explosions, smoke seen by lurk2 on Saturday January 03, 2026 @04:03PM (#46481517)
My understanding is that courts ruled that some (though not all) of the 2007 expropriations were made without proper compensation.
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Re:Venezuela's capital hit by explosions, smoke seen by vdupras on Saturday January 03, 2026 @05:30PM (#46482402)
It's fair because privatization of public good is generally not made with proper compensation either.
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Re:Venezuela's capital hit by explosions, smoke seen by sbohacek on Saturday January 03, 2026 @05:43PM (#46482485)
Compensation is complicated.

As far as I recall, in Guatemala, United Fruit had undervalued the worth of their land to reduce their taxes. So when they were compensated for the nationalization of their land based on their own valuation, they said that they were under compensated. United Fruit complains helped trigger the US intervention.

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