peacesoftheworld

Chavez’s Politics and 21st Century Socialism

After being elected in 1998 and in 2002, Chávez became an active participant in world politics, with strong opinions concerning different subjects. (Guevara)

As Chávez grew up in poverty and has seen lots of social, economical, and political inequality, he governs the country with his idea of 21st century socialism. (Wilpert, p. 230) In this type of socialism, there are three main aspects. The first is that there should be more democracy within the country. The second is that the public should be the owner of the production sector and the private enterprises, thus promoting nationalization of firms. The third aspect is that there should be more equality in the way that the riches are distributed within the country, essentially allowing the poor to have more assets. (Wilpert, p. 230) However, according to the Economist, the rich in Venezuela are benefitting more than everyone else from Chavez’s regime due to the high oil prices. As well, the impoverished farmers have to compete with lower priced imports compared to nationally produced items. (The rise of the “Boligarchs”; Venezuela) The Venezuelan social reality is far from acheiving the UN Declaration of Human Rights Article 25, stating that everyone is entitled to an adequate standard of living.

These socialist ideas have earned Chávez a positive reputation among other socialist Latin American countries benefiting from different aspects of his Latin American unification. For instance, in 2007, Chávez delivered four times more aid than the US to countries like Bolivia, Argentina, Ecuador, Nicaragua, Honduras, and Cuba. Most of this aid included reduced oil prices for these developing nations. (Rothkopf)

Works Cited:

  • Barry, Ellen. “Russia Strikes Oil Deal With Chavez and Plans Modernization of Military.” The New York Times 27 Sept 2008: 7.
  • “Broadcast battles; Venezuela.” The Economist 21 July 2007
  • Dyer, Geoff, and Benedict Mander. “‘Maoist’ Chavez strengthens oil ties with China.” The Financial Times 25 Sept 2008: 8.
  • “Exxon’s wrathful tiger takes on Hugo Chavez; Oil in Venezuela.” The Economist 16 Feb 2008
  • Guevara, Aleida. Chávez: Venezuela & The New Latin America. New York: Ocean Press, 2005.
  • Gott, Richard. Hugo Chávez and the Bolivarian Revolution. New York: Verso, 2005.
  • Mander (a), Benedict. “Caracas banks hit by Lehman failure.” The Financial Times 15 Oct 2008: 11.
  • Mander (b), Benedict. “Chavez eyes ‘strategic sectors’ for state control.” The Financial Times 11 April 2008: 5.
  • Mander (c), Benedict. “Venezuela expels two activists over attack on Chavez rights record.” The Financial Times 20 Sept 2008: 9.
  • Oxford American Dictionary and Thesaurus. 2008.
  • Parker, George. “London ends cheap oil deal with Chavez.” The Financial Times 26 May 2008: 4.
  • Romero (a), Simon. “Chávez Looks Beyond 2013 as He Faces Serious Challenges.” Chávez Looks Beyond 2013 as He Faces Serious Challenges. 16 Feb 2009. New York Times. 15 Jun 2009 <http://www.nytimes.com/2009/02/17/world/americas/17venez.html?_r=1&scp=1&sq=Ch%C3%A1vez%20Looks%20Beyond%202013%20as%20He%20Faces%20Serious%20Challenges&st=cse>.
  • Romero (b), Simon. “Venezuela Expels 2 After Report on Rights.” The New York Times 20 Sept 2008: 8.
  • Romero (c), Simon. “Venezuela’s Hope of More Sway Dims as Riches Dip.” Venezuela’s Hope of More Sway Dims as Riches Dip. 19 May 2009. New York Times. 15 Jun 2009 <http://www.nytimes.com/2009/05/20/world/americas/20venez.html?scp=1&sq=Venezuela%92s%20Hope%20of%20More%20Sway%20Dims%20as%20Riches%20Dip&st=cse>.
  • Rothkopf, David. “The Fund faces up to competition.” The Financial Times 22 Oct 2008: 11.
  • Schwirtz, Michael. “Russia Loans Venezuela $1 Billion for Military.” The New York Times 27 Sept 2008
  • “The mouse that roared; Venezuela.” The Economist 2 Feb 2008
  • “The rise of the “Boligarchs”; Venezuela.” The Economist 11 Aug 2007
  • “The Universal Declaration of Human Rights.” The Universal Declaration of Human Rights. 10 Dec 1948. United Nations. 15 Jun 2009 <http://www.un.org/en/documents/udhr/>.
  • “The world according to Chavez; Venezuela and the United States.” The Economist 30 Sept 2008
  • “‘Twixt Washington and Caracas; Nicaragua.” The Economist 13 Jan 2007
  • “Using oil to spread revolution; Venezuela and Latin America.” The Economist 30 July 2008
  • Wilpert, Gregory. Changing Venezuela by Taking Power. New York: Verso, 2007.

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