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Hugo’s world

What does Hugo Chavez's election victory mean for Venezuela's place in the world?

By Guy Taylor   December 2006

Hugo Chávez’s sweeping election win may be read as a simple mandate for the demagogic Venezuelan leader to push on with his plans to transform his country with what he calls “21st-century socialism,” designed to empower the impoverished masses with state-controlled oil profits, as described in my article last week. But for the region and the world, his victory could mean much more.

With Fidel Castro nearing death, Chávez’s victory solidifies his position of leadership among a growing number of leftist Latin American leaders eager to buck—or at least talk about bucking—a neoliberal economic model thrust upon the region by…

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