Cry for Venezuela
KAMLOOPS — The dream of a socialist Venezuela has turned into a nightmare.
It’s depressing to see the disintegration of President Hugo Chávez’s attempt at political reform. Chávez, elected in 1999, was part of the “pink tide” that swept Latin America in the 2000s. He was one of the three musketeers of leftist governments in South America which included Lula da Silva of Brazil and Evo Morales of Bolivia.
The three denounced the Washington consensus of the 1990s which saw neo-liberal policies implemented: privatization of public companies, cuts to public spending on education and health care, foreign investment, and free market strategies.
The neo-liberal experiment in the Latin Americas collapsed by the end of the 1990s, leaving unemployment, corruption, inflation and increased inequality. Strained relations with the U.S. left an opportunity for China to partner with leftist governments.