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Chavismo

Left-wing political ideology

  • 14 min read
  • 6 chapters

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Through Welfare spending, World Bank Group and Private property

Policies

Several political parties in Venezuela support Chavismo. The main party, founded by Chávez, is the United Socialist Party of Venezuela (Spanish: Partido Socialista Unido de Venezuela), usually referred to by the four letters PSUV). Other parties and movements supporting Chavismo include Fatherland for All (Spanish: Patria Para Todos or PPT) and Tupamaros.

Broadly, Chavismo policies include nationalization, social welfare programs and opposition to neoliberalism (particularly the policies of the International Monetary Fund and the World Bank). According to Chávez, Venezuelan socialism accepts private property, but seeks to promote social ownership as well. Ideologically, Chavismo stands in explicit opposition to right-wing politics and frequently labels its political opponents (including centre-left figures) as "fascists" or representatives of right-wing oligarchy.

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