Hugo Chavez puts his ignorance on display

San Francisco Chronicle:

"Clashes between police and thousands of protesters pressing for the recall of Venezuelan President Hugo Chavez overshadowed a summit of developing nations, with at least two people killed and dozens injured.

"The confrontation came Friday as Chavez opened a two-day summit with the leaders of 18 other developing nations in Caracas, urging them to reject free-market policies imposed by industrialized nations.

" 'Globalization has not brought expected independence. It has increased dependence. ... It has extended poverty,' Chavez said. 'Free market ideology was created by the North to serve its own interests.'

Chavez thinks the Castro model is the way to material wealth in the developing world. Of course he igors South Korea, Hong Kong and Singapore, all countries that have moved from developing to prosperous by following the free market strategy. Unless Chavez is removed he will do for Venezuela what Castro did for Cuba. It is called a universal poverty program. Free markets serve the interest of everyone who engage them.

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