After Bush’s reelection, many around the world thought the end of the world had come. According to them, the American “sheeple” had been duped once and for all, and Bush would effortlessly ram through his ultra-reactionary policies at home and abroad. However, Bush’s honeymoon period disappeared in a flash. Now, seemingly overnight, the mood of the American people has finally turned against the war in Iraq.

In his weekly Alo Presidente TV programme, Venezuelan president Hugo Chavez announced that some 136 closed factories are being surveyed with the aim of expropriating them. Within the workers’ movement this has been enthusiastically received. The main discussion now is what is meant by socialism, how to apply “co-management” and what the role of the workers is in the revolutionary process and in the economy.