Tuesday, Jul 11, 2006
By: Gregory Wilpert – Venezuelanalysis.com

In what appeared to be a surprise to almost everyone, on January 30, 2005, in a speech to the 5th World Social Forum, President Hugo Chavez announced that he supported the creation of socialism of the 21st century in Venezuela. According to Chavez, this socialism would be different from the socialism of the 20th century. While Chavez was vague about exactly how this new socialism would be different, he implied it would not be a state socialism as was practiced in the Soviet Union and Eastern Europe or as is practiced in Cuba today. Rather, it would be a socialism that would be more pluralistic and less state-centered

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