After Hugo Chavez gained power in Venezuela he imposed what he termed to be a “Socialist”revolution in which those with wealth would pay to ensure that poor people got a decent form of life. Somewhere along the road of this “Socialist” revolution things sort of went in the wrong direction. After Chavez established his own form of kleptocracy in which those who claim to be “Socialists” simply took the wealth of middle and upper classes in order to enrich their own lives.
Fortunately, the people of Venezuela finally had a fair election for the National Assembly and a Center-Right coalition won an overwhelming majority. President Nicolas Maduro has promised to obey the voice of the people. Frankly,we have doubts that he will. Maduro might just claim those with wealth want to return to the good old days before the “Socialist” revolution. Venezuela needs a moderate government whose initial task is creating a viable economic system.