Word: chã
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...Ch??vez insisted in a TIME interview last year that "capitalism is the way of the devil." But while Ch??vez, who controls the hemisphere's largest crude reserves, has used his awesome oil windfalls to reduce poverty, Venezuelans now suggest they want to increase capitalist investment, satanic as it may be, to solve their nagging unemployment. They appreciate his shrewd efforts to raise oil prices, but they'd also like him to lower inflation, Latin America's highest. And while they admire him for enfranchising the majority poor, they'd applaud as loudly if he did something to reduce...
...would be ill-advised for Ch??vez to try to revive the idea of nixing presidential term limits, as he hinted this week he may do. (The Venezuela vote may also give other Latin American countries - especially Colombia, Bolivia and Ecuador - second thoughts about giving their own Presidents more if not unlimited terms.) Unlimited reelection was arguably the proposal that repelled voters most, and to ignore that reality would only invite trouble. Instead, says Bart Jones, author of a new Ch??vez biography, !Hugo!, it's time for Ch??vez and chavistas "to stop thinking about the Bolivarian Revolution...
...already sparked speculation about who might be Chavez's successor in that race, as well as whether a rejuvenated but usually fractious and incompetent opposition might finally field a viable candidate. Aside from perhaps Rodriguez, pundits can think of few if any chavista potentials. Opponents, meanwhile, could include erstwhile Ch??vez allies like Garcia, who because they defected over the reforms may have a crossover appeal sorely lacking in Venezuelan politics right...
...that's five years away. Ch??vez can best influence that race by making sure the vital ideals of social justice that got him elected in 1998 aren't discredited by the political polarization and economic uncertainty that got him stung on Sunday. Most of the student protesters interviewed by TIME this week, for example, express support for Ch??vez's basic agenda: "There's no doubt he brought necessary changes to a very corrupt Venezuela," says Mejia. And the leftward, less U.S.-dependent turn he engineered in Latin American politics has ironically made the a more market-oriented model...
...fact, it was Ch??vez's electrifying emergence a decade ago that paved the way for the election in this decade of other, albeit more moderate leftist heads of state like Brazil's Luiz Inacio Lula da Silva, Argentina's Nestor Kirchner and Chile's Michelle Bachelet. Venezuelans may be reminding Ch??vez that, like his revolution's namesake, 19th-century independence hero Simon Bolivar, he stands to have a positive place secured in Latin America history. Their message on Sunday: Don't blow...