http://www.venezuelanalysis.com/articles.php?artno=1940As a result of President Chávez's resounding triumph in the recent election, many people have become seriously interested in the proposal he made in his speech of Feb. 25, 2005, at the inauguration of the Fourth Summit of Social Indebtedness.
In it, Chávez expressed his belief that the revolution should be socialist, otherwise it would not be a revolution. Later, when discussing that speech, he explained that it should be a 21st-Century type of socialism, giving a name to a new concept. But exactly what is 21st-Century socialism?
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This is a pretty good article. A friend of mine was invited by the Communist Party of Venezuela to come and witness the last elections. The Communist Party of Venezuela was actually formed by members of the Communist Party USA. They are one of 20 parties that supported Chavez in the last elections. Chavez has proposed a unified socialist party and the CPV is still debating whether they would be better served in a unified party or all seperate. I believe Chavez is taking the popular or proven ideas from many different groups-communists (marxists), social democrats, socialists, unions, Christian liberation theologists, agrarian movements, and even progressive capitalist parties, construction companies for example,have made lots of money during his government.