Word: socialists
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Dates: during 2000-2009
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...voted down the idea. Few, however, really believed the radical Chávez, whose second and final six-year term ends in February 2013, would let the matter die there. Most assumed he would wait for the outcome of last week's regional elections. He was hoping his United Socialist Party (PSUV) would crush Venezuela's dysfunctional opposition so badly that he'd meet little resistance raising the term-limits question again...
...effect, it was a Chinese form of gymnastics, and Chinese officialdom was rather proud of it, making it an integral part of the country's cultural-exchange program. It reached thousands of foreign spectators, who fancied they were watching something ancient instead of the hypermodern creation of a socialist state...
...leftist President Hugo Chávez won the coveted mayor's post in Caracas as well as governorships in three key states, bringing their total to five and prompting boasts that Chávez's popularity was waning following a failed 2007 bid to extend his presidency. Chávez's Socialist Party remained in control of 17 states, however, which his supporters said reaffirmed Venezuelans' confidence in his leadership...
...wonder if democratic capitalism might not be the best economic model after all." Americans, some contend, are only now waking up to the inherent dangers of the free market. As one Chinese blogger recently wrote: "The U.S. has realized the mistakes they made, and is learning from China's socialist experience in earnest." (See pictures of the global financial crisis...
...1970s it had run into a wall. State-owned firms drained the national budget while inflation soared. In came Margaret Thatcher, who launched a wide-scale privatization of the British economy. The market was back. "It was becoming obvious to people," Thatcher once said, "that the socialist way meant accepting decline...