Obstacles to 21st Century socialism in Venezuela

President Hugo Chavez's ambitious project to bring "21st Century socialism" to Venezuela is running into obstacles -- easy cash, corruption and an expanding class of citizens who are growing rich by exploiting economic distortions. Chavez promised a revolution when he won his first election in 1998. Since his third election victory in December, he has pledged to accelerate Venezuela's transformation into a society where a "new man" is free of selfish urges and devoted to the common good.

[advanced warning: expect a rash of articles exalting how well socialism is working in Venezuela. It always does - for the first decade or so while past spoils of private industry are consumed by the populace. It's the 2nd decade where the lack of investment starts showing signs of decay - by the third decade, full decline. History's ran this movie time and again - that's why it's called 'unsustainable']

http://news.scotsman.com/latest.cfm?id=964842007