Hugo Chávez the Maoist and Nicolas Sarkozy the socialist

Venezuelan president Hugo Chávez, who during his ten years in power has introduced extensive state-capitalist measures based on the country’s oil wealth, has embarrassed his international fan club in recent weeks with a series of gaffes when on diplomatic business.

Chávez has long entertained close relations with such “anti-imperialists” as Colonel Gaddafi, Mahmoud Ahmedinejad and Belarussian dictator Aleksandr Lukashenko, but his recent speeches have offered a particularly useful insight into the real content of his “21st century socialism” and “Bolivarian revolution”. Once again it is clear that “21st century socialism” is nothing but classic “20th century style state ownership and bureaucracy”.

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