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...focus on the problems of his nation that need fixing before he leaves office in 2013 instead of on his incessant, globetrotting socialist and anti-U.S. crusades. That way, Chávez stands a chance of leaving a record as the man who finally set Venezuela and Latin America on a real course toward solving terrible inequality and not as just another overweening Latin leftist who stayed too long. Chávez insisted to TIME last year that "capitalism is the way of the devil." But while Chávez has used his oil windfalls to reduce poverty, Venezuelans suggest they want...

Author: /time Magazine | Title: Venezuela Votes | 12/6/2007 | See Source »

...Chile's Michelle Bachelet, even if Chávez affects to disdain their moderate, market-oriented socialism. Sunday's humbling results will make Chávez a less swaggering figure on the hemispheric scene, yet a little humility on his part may make his neighbors more receptive to his initiatives. Latin America--and the rest of the world--has not heard the last...

Author: /time Magazine | Title: Venezuela Votes | 12/6/2007 | See Source »

...would be ill-advised for Chávez 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 Chávez biography, !Hugo!, it's time for Chávez and chavistas "to stop thinking about the Bolivarian Revolution...

Author: /time Magazine | Title: How Will Chavez Handle Defeat? | 12/5/2007 | See Source »

...stung on Sunday. Most of the student protesters interviewed by TIME this week, for example, express support for Chávez'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 he professes to disdain more viable in countries like Brazil by making it more egalitarian. Sunday's humbling results will make Chávez a less swaggering figure on the hemispheric scene; but a little humility on his part may make...

Author: /time Magazine | Title: How Will Chavez Handle Defeat? | 12/5/2007 | See Source »

...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 Chávez 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...

Author: /time Magazine | Title: How Will Chavez Handle Defeat? | 12/5/2007 | See Source »

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