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Recently we have seen many important events happening in Venezuela, such as the devaluation of the bolívar and the nationalisations in the banking sector, which needs to be analysed carefully. The movement of occupied factories made important steps forward last year, but still faces sabotage by counter-revolutionary managers and workers are still struggling for nationalisation under workers' control. In order to defend the conquests already made, the revolution must put the nationalisation of the commanding heights of the economy on the agenda. Only this can destroy capitalism and provide the necessary prerequisites for a socialist planned economy.