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Hugo Chavez: Capitalism to Blame for Climate Crisis

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Published on Dec 17, 2009

Complete video at: http://fora.tv/2009/12/16/President_H...

Venezuelan President Hugo Chavez links capitalism to global warming during an address at the COP15 Climate Conference in Copenhagen. "A ghost is stalking the streets of Copenhagen...it's capitalism, capitalism is that ghost," says Chavez. "The destructive model of capitalism is the eradication of life."

FORA.tv's complete coverage of the COP15 Climate Change Conference: http://fora.tv/partner/COP15

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Venezuelan President Hugo Chavez addresses COP15, the United Nations Climate Change Conference. Criticizing the destructive practices of the capitalist system, Chavez fears that the "infinite model" of capitalism will exhaust the finite resources of the environment.

Hugo Chavez is the President of Bolivarian Republic of Venezuela. As the leader of the Bolivarian Revolution, Chávez promotes a political doctrine of participatory democracy, socialism and Latin American and Caribbean cooperation. He is also a critic of neoliberalism, globalization, and United States foreign policy.

A career military officer, Chávez founded the left-wing Fifth Republic Movement after orchestrating a failed 1992 coup d'état against former President Carlos Andrés Pérez. Chávez was elected President in 1998 with a campaign centering on promises of aiding Venezuela's poor majority, and was reelected in 2000 and in 2006. Domestically, Chávez has maintained nationwide Bolivarian Missions, whose goals are to combat disease, illiteracy, malnutrition, poverty, and other social ills.

Abroad, Chávez has acted against the Washington Consensus by supporting alternative models of economic development, and has advocated cooperation among the world's poor nations, especially those in Latin America.

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