“Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.” - Milton Friedman
Chavez, a combative former paratrooper, condemned the pro-market policies many Latin American countries have adopted in the last 20 years but which have fallen out of favor with many voters for failing to make a big impact on poverty."Neoliberalism has begun its decline and has come to an end," Chavez told reporters. "Now a new era has begun in Latin America. Some call it populism, trying to disfigure our beauty. But it is the ... voice of the people that is being heard."
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