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Hugo's World

Hugo Chávez's sweeping election win may be read as a simple mandate for the demagogic Venezuelan leader to push on with his plans to transform his country with what he calls "21st-century socialism," designed to empower the impoverished masses with state-controlled oil profits, as described in my article last week. But for the region and the world, his victory could mean much more.

Continue reading full article at Prospect.