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Editorial Commentary


Newsweek:
Clouds over the state Hugo built

Nine years ago Hugo Chávez became President of Venezuela, inspiring his countrymen with a message of hope. Incomes rose. Hospitals and schools were set up in the barrios. Now progress is giving way to a "Disneyland economy where nothing makes sense," says photographer Christopher Anderson. His pictures—taken since 2004—capture the chaotic mood of Chávez's "21st-century socialism." Oil money flows freely, but triple-digit inflation yields milk shortages. Caracas is more dangerous; morgues reportedly struggle to keep pace with casualties of barrio violence. A young middle class despairs that Venezuela is becoming a new Cuba. Yet in December voters rejected a constitutional reform that would allow Chávez to stay in power indefinitely. "That night," says Anderson, "the black cloud" of despair felt by many "just evaporated." But Chávez remains.

Newsweek is one of the leading news weekly magazines of the United States. Petroleumworld does not necessarily share these views.

Editor's note: This commentary was originally published by Newsweek, on Jan 14, 2008 Issue | Updated: Jan 5, 2008. Petroleumworld reprint this article in the interest of our readers. Petroleumworld does not necessarily share these views.

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Petroleumworld News 01/09/08

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