La Paz, Bolivia.-Che”s economic thinking, his contributions to the Cuban revolutionary process and the force of his ideas in the island nation were debated at a session of the Ernesto Guevara Chair in this city.

On Thursday night, the panelists analyzed the economic solutions implemented by the Heroic Guerrilla Fighter during the years when he headed the Ministry of Industries in Cuba.

Chair speaker Javier Larrain noted the facets of Che’s economic thinking, like his struggle against bureaucracy, the establishment of economic institutions and the relations among them. He also referred to other key aspects of Guevara’s thinking, such as the relationship between the administration and the trade union, the use of democratic centralism, the socio-psychological studies on organization and management, the economic-mathematical methods and the socialist enterprise.

In an article published in the magazine Cuba Socialista in June 1964, Che defines his concept of economic planning and says, ‘Centralized planning is the way of being of the socialist society.’

Larrain noted that Ernesto Guevara also contributed to the concept of Budgetary Financing System that, according to Che, ‘is the group of actions within which the fundamental thing is the organization, the capacity to lead and at the same time raising awareness.’

It is also ‘the conjugation of correctly-applied material incentives and moral incentives, making increasing emphasis on the moral ones.’

The Ernesto Guevara Chair is among the activities being held in Bolivia to commemorate the 50th anniversary of Che’s assassination in this Andean-Amazonian country.

The 12-session cycle, which will conclude in October, analyzes theme axes like Che’s activity while heading the National Bank of Cuba and in other posts he held during the first years of the Cuban Revolution, as well as his studies on Marxism, his concepts about communism, his international activity and the world guerrilla strategy.