Aug 14, 2007

Boligarquía

Lo mismo de siempre con el populismo prebendario en la región.

La nueva “oligarquía bolivariana”, los sectores que se están haciendo unas diferencias fenomenales a costa de la pobreza y el atraso del resto de la sociedad venezolana:

"PETROLEUM socialism" is how Hugo Chávez, Venezuela's president, recently dubbed the blend of military populism and neo-Marxist statism to which he is subjecting his country. Its prime objective, he insists, is to improve the lot of the country's poor majority. Mr Chávez proclaims that "being rich is bad". He frequently lashes out at what he calls "the oligarchy". Strange, then, that the streets of Caracas are clogged with big new 4x4s (Hummers are especially favoured), it is hard to get a table at the best restaurants, and art dealers and whisky importers have never had it so good. A new oligarchy seems to be rising in Venezuela on the back of the "Bolivarian Revolution", named for the country's independence hero.

"Some of Chávez's speeches are for the gallery," says Alberto Muller Rojas, a retired army general who was until recently the president's chief of staff. "And I'll give you an example: the attack on the bourgeoisie." As evidence, General Muller singles out the banks: "the most extreme expression of the bourgeoisie" but "the most favoured sector" of the economy since Mr Chávez came to power in 1999.

Their prosperity owes much to an oil windfall: the price of Venezuela's main export has increased almost eightfold since 1999 and the economy has been growing at 10% a year. But government policies, too, have favoured the bankers and other intermediaries: inflation is close to 20% and the official value of the currency is twice its black-market exchange rate. So the savvy investor looks for access to cheap dollars, import opportunities and government contracts, all of which are largely conditional on political obedience. By contrast, manufacturers and farmers face price controls and risk sporadic official harassment. The result has been the rise of what is known, in obeisance to Bolívar, as the "Boli-bourgeoisie".

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