The president, in Latin America, made the case against Hugo Chavez and his Castroite socialism.
The president, in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , made the case against Hugo Chavez
and his Castroite socialism socialism, general term for the political and economic theory that advocates a system of collective or government ownership and management of the means of production and distribution of goods. . In the 1980s and '90s, the region
turned to "neoliberalism ne·o·lib·er·al·ism
n.
A political movement beginning in the 1960s that blends traditional liberal concerns for social justice with an emphasis on economic growth.
ne ," a kind of elite version of
free-market economics, and then rejected it because it did not do enough
for the poor. Bush argued that the proper remedy is "capitalism for
the campesinos." The United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. can do its part to foster
development in Latin America by moving forward on free trade---if, that
is, this Congress is not as hostile to Bush and free trade as Chavez
himself is.
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