The Utter and Ironic Failure of Chavismo

Chavismo, having its root the Bolivarian Revolutionary Movement, emerged against the backdrop of the alleged marginalization of Venezuela’s indigenous, mixed, and black populations by elite whites of Spanish descent. Founded by the late Hugo Chavez, Chavismo is a political policy which seeks to invest state riches to uplift and empower the poor – particularly the marginalized ethnic groups whom Hugo Chavez alleged have historically been oppressed by the whites of Spanish descent in Venezuela.