FacebookTwitterRedditEmail

With or Without Chávez

Hugo Chávez and his party won 13 of 14 elections mainly because they greatly improved the living standards of the majority of voters in Venezuela. Since 2004, after the economy recovered from the devastating opposition oil strike, poverty has been cut by half and extreme poverty by more than 70 percent.

And this measures only cash income: Millions of people also got access to health care for the first time, and access to education also increased sharply, with college enrollment doubling and free tuition for many. Eligibility for public pensions tripled; and in the past two years the government has built hundreds of thousands of houses. Most of the poverty reduction came from increased employment, not “government handouts,” and during most of Chávez’s tenure the private sector has grown faster than the public sector. These numbers are not really in dispute among economists or international statistical agencies. If you follow Venezuela and haven’t heard any of this, it’s because the media is giving you the equivalent of a “tea party” view of the country.

Also, the 20 years prior to Chávez were an economic disaster, with per capita income actually falling between 1980 and 1998. So naturally most people have noticed the difference. Is this progress sustainable? The press focuses on Venezuela’s inflation, which, at just under 18 percent is about the highest in the region. However it has come down from 28.2 percent in 2010, even as the economy has recovered and growth has accelerated. This shows that the government can bring inflation down with the right policies. Chávez’s party won in 20 of 23 states during a regional election on Dec. 16, even with Chávez himself absent from the campaign trail. This indicates that his successor will likely win if he should step down.

This should not be surprising. All of the left-leaning governments in South America–Brazil, Argentina, Ecuador, Bolivia, and Uruguay–have been re-elected, some repeatedly, for similar reasons: They have brought real economic and social change and significant improvements in living standards for the majority.

Mark Weisbrot is an economist and co-director of the Center for Economic and Policy Research. He is co-author, with Dean Baker, of Social Security: the Phony Crisis.

This essay originally appeared in Room for Debate.

More articles by:

Mark Weisbrot is co-director of the Center for Economic and Policy Research, in Washington, D.C. and president of Just Foreign Policy. He is also the author of  Failed: What the “Experts” Got Wrong About the Global Economy (Oxford University Press, 2015).

August 06, 2020
H. Bruce Franklin
How the Fascists Won World War II
Robert Jacobs – Ran Zwigenberg
The American Narrative of Hiroshima is a Statue that Must be Toppled
Howie Hawkins - Madelyn Hoffman
Reverse the New Nuclear Arms Race
Brian Kelly
Ireland and Slavery: Debating the ‘Irish Slaves Myth’
Talli Nauman
Native Americans Win Historic Victories in U.S. High Court Rulings
David Mattson
“Man Attacks Grizzly” and Other Leading Bleeding Stories
Jack Rasmus
US GDP Collapses and Economic Rebound Fades
John Kendall Hawkins
Suffrage: The Myth of Sisterphus
George Ochenski
An Unbelievably Disastrous State of Affairs
George Wuerthner
Trouble in Paradise Valley
Binoy Kampmark
State of Pandemic Disaster: Melbourne Moves to Stage Four
Howard Lisnoff
The ACLU Has Never Done a Damn Thing for Me
Priyanka Singh – Sujeet Singh
Time to Empower the Invisibles: India Awaits a Mental Health Revolution
CounterPunch News Service
Conservationists to Federal Agencies: Restore Protections for Imperiled Wildlife in the Flathead National Forest
August 05, 2020
Roy Eidelson
Black Lives Matter: Resisting the Propaganda of Status Quo Defenders
Melvin Goodman
The Department of Homeland Security: the Ideal Authoritarian Tool
Paul Street
Misleaders at a Funeral: Bill Clinton and Barack Obama Eulogizing Racial Justice in the Name of John Lewis
Seiji Yamada
Hiroshima, Technique, and Bioweapons
Vijay Prashad
How Trump Managed to Lead the World with the Worst Response to the COVID Pandemic
Richard C. Gross
Trump’s Alternative
Jonas Ecke
The Worst Hunger Season Yet to Come: Global Moral Failure in the Time of Covid-19
Rafiq Kathwari
The Battle for Kashmir
Kenneth Surin
Malaysia’s Arch-Kleptocrat is Found Guilty
Medea Benjamin - Nicolas J. S. Davies
U.S. Cold War China Policy Will Isolate the U.S, Not China
Lee Camp
Why Housing Is a Human Right
Sam Pizzigati
For Egalitarians, a Sudden Sense of Possibility
Jonathan Cook
Can Israelis Broaden Their Protests Beyond Netanyahu?
Thomas Knapp
Ten Years After Lieberman’s “Internet Kill Switch,” the War on Freedom Rages On
Binoy Kampmark
Staying on Message: Australia, the US and the AUSMIN Talks
Elliot Sperber
The View From Saturn 
August 04, 2020
John Pilger
Another Hiroshima is Coming…Unless We Stop It Now
Dave Lindorff
Unsung Heroes of Los Alamos: Rethinking Manhattan Project Spies and the Cold War
Kenneth Good
Escalating State Repression and Covid-19: Their Impact on the Poor in Kenya
Dean Baker
We Need an Economic Survival Package Not Another Stimulus
David Rosen
Globalization and the End of the American Dream
John Feffer
The Pandemic Reveals a Europe More United Than the United States
Patrick Cockburn
The Government’s Failed Track-and-Trace System is a Disaster for England
Ramzy Baroud
‘Optimism of the Will’: Palestinian Freedom is Possible Now
CounterPunch News Service
Statement From Yale Faculty on Hydroxychloroquine and Its Use in COVID-19
Manuel García, Jr.
Ocean Heat: From the Tropics to the Poles
Sonali Kolhatkar
Why the Idea of Jobless Benefits Scares the Conservative Mind
Greta Anderson
Framing Wolves in New Mexico?
Binoy Kampmark
Pulling Out of Germany: Trump Adjusts the Military Furniture
Shawn Fremstad – Nicole Rodgers
COVID Stimulus Checks Shouldn’t Penalize One-Parent Households
Adam Shah
The 1 Percent’s Attack on Unemployment Benefits is a Sign of Our Broken Democracy
FacebookTwitterRedditEmail