Venezuelan Companies Drowning under State Forex Controls

The right to ownership consists of using, enjoying, and disposing of tangible and intangible property in any way the individual sees fit. In the words of Chilean constitutional lawyer José Luis Cea Egaña, ownership involves “keeping the asset in question, growing it, and taking advantage of the benefits it may produce … such a right is constantly being enforced in managing the asset to satisfy its essential purposes.”Put another way, the right to ownership is not only violated when the asset is taken away or stolen, it is also infringed when individuals are prevented from using their possessions in the way they want. More…