Mary Anastasia O'Grady:
Mr. Chávez has spent nearly a decade trying to transform Venezuela into a centrally planned economy. The results are dismal. There are food shortages, private-sector investment and employment are shrinking, and inflation for the past 12 months was almost 34%. A rising homicide rate suggests that civil order is breaking down.
Nevertheless, Mr. Chávez appears pleased with the circumstances, illuminating another way in which he resembles Castro: Both men are narcissists above all else, and both have been driven by an intense desire to rule as the omnipotent caudillo. The welfare of the nation is beside the point.
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