Great piece and dead on, of course.
Of course, you may find it too tiresome to nationalize everything, in which case it is very important that you establish high tariffs that insulate your country's remaining private industries (usually owned by your cronies anyway) from competition.
Isn't this the policy advocated by Pat Buchanan and his merry band of paleocons?
I don't know about paleo cons, but compare the list of do's (or don'ts) to the policies of FDR. That is why the 1930's Depression was so devastating and didn't lift for more than ten years among the hardest-working, most honest, most entrepreneurial people in the world. It still makes me angry to think of the thousands of Okies and Arkies FDR killed indirectly with his ideology.