 Velasco's administration articulated a desire to give justice to the poor through a regime of nationalization known as Peruanismo.Velasco's rule was characterized by left-leaning policies, which aimed to create a strong national industry to increase the international independence of Peru.To that end, he nationalised entire industries, expropriated companies in a wide range of activities from fisheries to mining to telecommunications to power production and consolidated them into single industry-centric government-run entities ("PescaPeru", "MineroPeru", "Petroperú", "SiderPeru","Centromin Peru", "ElectroPeru", "Enapu", "EnatruPeru", "Enafer", "Compañia Peruana de Telefonos", "EntelPeru", "Correos del Peru", etc.