I don’t know much about Venezuela, but I do know that the late Hugo Chavez has been pilloried as a source of instability, particularly for his socialist reforms. This is true despite the fact that Chavez’ power has always been acquired through elections as free and fair as any in recent Venezuelan history, while his opponents launched a coup to end his first stint as head-of-state.
So why is that? Could it be that he came to power fairly but implemented such bad, harmful, and/or tyrannical policies that a coup was justified?
Even granting that Hugo Chavez had participated in an unsuccessful 1992 coup intended to instal Rafael Caldera as Venezuelan head-of-state (and the fear of violence that might generate among his opposition after he was elected), Al Jazeera doesn’t think so. While they do blame Chavez for certain decisions, they do not find general blame in a socialist approach to economic policy … nor do they find it in any capitalist approach. What they find instead is both interesting and, for those with a good understanding of economics, fairly predictable.