Economy of Venezuela - Wikipedia, the free encyclopedia
As it happens, Chavez is a perfect example of proof that not everyone who considers themselves socialist subscribes to your definition of socialism. Chavez seeks socialism in his country, and yet what he seeks is what someone like you would describe as "state-capitalism". Nevertheless, he's become something of a Marxist hero (just look at Joe Castro down there, who thinks that anyone who opposes the guy is "imperialist").According to the government, an unemployed person is a citizen above the age of 15 who has been seeking employment for more than one week. But, according to The Boston Globe, critics say that the government defines "informal workers, such as street vendors, as employed, and exclud[es] adults who are studying in missions from unemployment numbers." Critics also point to figures released by the president of the Venezuelan National Statistics Institute, Elías Eljuri, which showed that poverty had risen by more than 10% under Chávez (to 53% in 2004). Chávez called for a new measure of poverty, a "social well-being index". Under this new definition, poverty registers at 40%.