So I went out and messed with the Guardianistas once more.
On closer inspection, the only thing that appears to be 21st century about Chávez’s 21st-century socialism is the presidential Twitter account. The economy is still run along the same rigid lines that crippled eastern bloc economies for much of the 20th century. One after another, industries have been nationalised only to become outsized money-pits unable to produce the goods needed. The steel and cement industriescan’t produce enough to meet the country’s housing needs; electric utilities have brought chronic blackouts throughout the country; and the phone company has failed to deliver adequate internet access. Venezuelans like to joke that Julian Assange passed over Venezuela for political asylum simply because the internet is so slow there.
That did not go over well. Of course, I’m getting clobbered in comments. Come and lend a hand before it turns into a cayapa!