Editorial, El Dia: In Bolivia, two very different ways of understanding work, wealth, and time coexist. This is not a cultural or regionalist debate in any superficial sense; it is a profound difference in business models. On one side, there is the short-term extractive model, shaped by the logic of the lucky break. On the…
Tag: government failures
MAS’s Industrial Failures | Fracaso industrial del MAS
By El Deber: Five State-Owned Companies Left $1.294 Billion in Damage and Never Industrialized Anything Easba, Quipus, YLB, EBIH, and Yacana were created during 20 years of MAS government to generate surpluses and added value, but they operate at a loss, with high indebtedness and minimal production. They were sustained by loans from the Central…
A delusional Vice President Breaks with Paz | Un vicepresidente enajenado rompe con Paz
By Baldwin Montero, Vision 360: The rift between Paz and Lara deepens, and the Vice President digs in at his office The Vice President said that Paz Pereira governs only for the rich and is breaking his promise not to indebt the country. He claimed he has been sidelined and that a case is being…
Oversized Plant Threatens Llamas | Planta sobredimensionada amenaza a las llamas
By Unitel: The Oruro camelid plant is so large that if it operates at 100% “we are going to wipe out the llamas,” warns the office of public enterprises “It’s not that the plant will only be used a little; either it works or it doesn’t. They didn’t think about feeding these camelids, they didn’t…
The statist State suffocates Bolivian mining | El Estado estatista ahoga a la minería boliviana
By El Diario: Lawyer Heiddi Ruiz Gonzales states Mining law specialist Heiddi Ruiz Gonzales warned that Bolivian mining is paralyzed by legal uncertainty, Law 535, and heavy bureaucracy, despite the country having more than 9,000 companies and around 1,700 registered cooperatives. In an interview with EL DIARIO, she said that reactivating the sector requires a clear…
Zombie Firms Cost Billions | Empresas zombi cuestan miles de millones
By Erbol: Zombie Companies and the ‘Industrialization Scam’ Wasted US$2.595 Billion Lupo presented the figures of the “waste.” The government presented on Monday the figures of what it called the “great waste” and “corruption” of MAS governments in initiatives such as the creation of state-owned companies that ended up bankrupt, becoming “zombies,” and the “scam”…
Bolivian Thoughts | Pensamientos Bolivianos (Bilingual/Bilingüe) 