Chavez wins Venezuelan election

[dharmamarx]

79. Good news for the region

According to the Center for Economic and Policy Research, there has been declining inequality in recent years in Latin America, and that decline in inequality is most obviously due to the influence of hard-left political parties: "the story is quite clear: there has been an overwhelming decrease in inequality [in Latin America] and based on a casual observation, Argentina, Bolivia, Brazil and Venezuela (four left-of-center countries) appear to have performed particularly well.... There is statistical evidence that countries with left-of-center governments have on average decreased inequality more than their counterparts." This is Chavez's broader political influence in the region.

Capriles, on the other hand, wanted to undermine this influence by ending ALBA.

Capriles also thought it was a great idea for Venezuela to confiscate two-thirds of neighboring Guyana's land. Here is a Guyanese newspaper on Chavez's re-election: "For Guyanese a Chavez victory would be good news since unlike the Opposition, Chavez has been very conciliatory on the Venezuelan claim to two-thirds of our national territory."