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The “Bolivarian Revolution” refers to a social movement and political process in Venezuelamarker led by Venezuelan president Hugo Chávez, the founder of the Fifth Republic Movement. The "Bolivarian Revolution" is named after Simón Bolívar, an early 19th century Venezuelan and Latin American revolutionary leader, prominent in the South American Wars of Independence. According to Chávez and other supporters, the "Bolivarian Revolution" seeks to build a mass movement to implement Bolivarianism - popular democracy, economic independence, equitable distribution of revenues, and an end to corruption - in Venezuela. They trace the roots of their movement to a socialist interpretation of some ideals of Bolívar.

Background: Bolivarianism

Simón Bolívar has long been an important figure in Venezuela's history. According to one author there was "a spontaneous and enduring popular cult of Bolivar" as early as 1842, and he is venerated in "parades, speeches, ceremonies, competitions, inaugurations, commemorations, unveilings of monuments, official publications, and other formal events."Chavez as a military cadet was "a celebrant of the Bolivarian passion story"

Chávez relied upon the ideas of Bolívar, and on Bolívar as a popular symbol, early on in his military career, when he was creating his MBR-200 which would become a vehicle for his 1992 coup attempt.

Policies

Venezuela under the Chávez administration has deployed national social welfare programs (Misiónes or "Missions") called Bolivarian Missions.

Oppositions groups and parties

The bolivarian revolution attracts support from grass root organisations, community organizers and the socialist party PSUV, while the right-wing opposition is highly critical of the methods used to combat poverty.

Internationalism

The "Bolivarian Revolution" under Chávez has also refocused Venezuelan foreign policy on Latin American economic and social integration by enacting bilateral trade and reciprocal aid agreements, including his so-called "oil diplomacy", which provides cheap oil to poor neighbouring nations. Chávez regularly portrays his movement's objectives as being in intractable conflict with neocolonialism and neoliberalism.

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