If you hate Bush you've got to love Chavez. But should liberals and others in the US cheer his economic strategy?
From:
CounterPunch
Is It Sustainable?
Hugo Chavez's Economy
By JOSHUA FRANK
It is difficult not to be fond of Hugo Chavez's politics. There is little question that as president, Chavez is attempting to create a radical social-democracy in Venezuela. In many cases his efforts have already been successful. Chavez is seeking to empower the lowest strata of society. He is attempting to implement participatory democracy in the areas of health-care through his Mission Barrio Adentro (Inside the Neighborhood) program. However, regardless of how much we may like Chavez's politics and his efforts to redistribute wealth in Venezuela, one has to wonder if an economy based mostly on oil is sustainable in the long run.
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