Report: Chavez's cancer has 'entered the end stage

[ChangoLoa]

11. "30 years of neoliberal policies".. not in Venezuela

Before the 1989 IMF reform, Venezuela was under a state-centered import substitution strategy, with a fixed exchange rate, an average 80% import tax and price controls for every single basic product. The framework in which Chavez is evolving nowadays is in fact way closer to the neoliberal policies you try to denounce than the one applied by the social-democratic party before the IMF reform. There's no import substitution anymore, virtually no import taxes and foreign capital is more involved than it ever was in the oil industry since the 1976 nationalization.

There's a historical reality in Venezuela which doesn't always equate to the usual ready-to-use Latin America stereotype.