Juan Velasco Alvarado Velasco at its helm as President. 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.), and increased government
Juan Víctores de Velasco Juan Víctores de Velasco Juan Víctores de Velasco, O.S.B. (1644–1713) was a Roman Catholic prelate who served as Bishop of Trujillo (1707–1713) and Bishop of Santa Marta (1694–1707). Juan Víctores de Velasco was born in Burgos, Spain in 1644 and ordained a priest in the Order of Saint Benedict. On 19 Jul 1694, he was appointed during the papacy of Pope Innocent XII as Bishop of Santa Marta. On 21 Oct 1694, he was consecrated bishop at the convent San Martín in Madrid, Spain. On 28 Nov 1707, he was appointed during the papacy of Pope Clement XI as Bishop