18 Apr 2014
Prof. Edgardo Lander Of Universidad Central De Venezuela argues that a major success of President Hugo Chavez’s Bolivarian Revolution was that social policies led to a very significant reduction of poverty and inequality making Venezuela the least unequal country in Latin America. More importantly there was a significant transformation of popular political culture. For many Venezuelans, the political system wasn't responding to their needs. But that changed dramatically under Chavez. People now feel that they can organise to bring about change. On the negative side however the entire Venezuelan economy has become exceedingly dependent on the production of oil. Efforts to diversify the economy have been weak.
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