“This paper will examine political Socialist Economic and Political models of government in the nations of Ecuador and Venezuela. Additionally, an analysis of the Capitalist/Democratic style of governance in the United States will be analyzed against the socialist political model.” Monica Ross-Williams LED 625 International Political History Capstone Paper
I. The rise of Venezuelan Socialism under Former President Hugo Chavez
First elected President of Venezuela in 1999, Hugo Chavez was leader of the up and coming Bolivarian Movement put revolutionary socialism back onto the global agenda. Chavez grew up poor in a family of six boys, were his parents were teachers in a town named Sabaneta. Rising to the rank of Lieutenant Colonel in the Venezuelan Military in 1976 Chavez first led an unsuccessful coup to overthrow what he believed was a corrupt government and was subsequently imprisoned for five years, (Rodrigues, 2013).
Years later during Hugo Chávez rein in Venezuelan head government role, the former President term and leaders would define him as one of the Worlds rare revolutionary leaders. Chavez role in Latin America leading a Socialistic style of government, and allowed Chavez to earn from Fidel Castro of Cuba prominence as a loud, fearless, and vocal opponent of the American dominated democracy capitalistic economic model, (Moore, 2013).
In 1998 after Chavez’s release from prison, he was elected President of Venezuela country by 56% of the total vote. By 1999 with Chavez’s approval rating approaching near 80%, the leader drafted a new Constitution strengthening the powers of Venezuela’s Presidential authority and installing a six-year term of leadership in the position, (Moore, 2013). 2004 Chavez poured the countries resources into social programs such as reading literacy and health care, in large part due to oil profits.
By 1999 with Chavez’s approval rating approaching near 80%, he drafted a new...