Venezuela: High-Stakes Election in Venezuela | Council on Foreign Relations
The October 7 presidential election in Venezuela, which pits longtime president Hugo Chávez against former governor Henrique Capriles Radonski, presents Chávez’s most formidable electoral challenge to date. Although the three-term president retains popular support, Capriles has led a strong opposition campaign that has gained considerable momentum in the weeks leading up to the election. A defeat for the president could signal a significant shift in the country’s “socialist revolution,” its economy, and foreign relations. In the event of a reelection for Chávez, concerns linger over the conditions of his health and the trajectory of Venezuela’s future should he die in office. The October 7 vote has significant implications for the direction of Venezuela’s “socialist revolution,” as well as the country’s democratic landscape. Michael Penfold writes in a January 2012 Foreign Affairs article that “a Chávez defeat would signal the end of a leftist revolution that has radically transformed Venezuela and, some argue, Latin America in the twenty-first century,” while a Chávez victory would “inflict a fatal blow to a renewed opposition that has struggled, and now seems to be succeeding, to gain some traction in a socially polarized country.”
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