CARACAS, Venezuela (Reuters) -- Venezuelan President Hugo Chavez on Friday embraced socialism as his ideology of choice in a political statement that sharpened his antagonism against the United States.
Chavez, a firebrand nationalist who has governed the world's No. 5 oil exporter for six years, has persistently declined to define the precise ideology of his self-styled "revolution."
But, addressing an international meeting on poverty in Caracas, he said Western-style capitalism was incapable of solving global economic and social problems.
"So, if not capitalism, then what? I have no doubt, it's socialism," said Chavez, who also rebuffed U.S. criticism of his left-wing rule in Venezuela and denounced U.S. President George W. Bush as the "great destabilizer of the world."
I finally see the tide turning against the U.S. Seems that all the pieces are in place and it makes me laugh to think that "our" esteemed president set this game in motion. Each day makes it more obvious that blocks of resistance are being established. Europe will increasingly oppose U.S. policies. Iran and Syria are blocking up and looks like they are forming increasingly solid relations with Russia and China. I think it's pretty obvious where Iraq has been heading. Venezuela, under the leadership of Chavez will continue to increase its resistance.
Anarchists and enemies of the U.S. state could not have done a better job. Thank you Mr. Bush.