Yes, Chavez was not a success, and mismanaged the economy, but to compare the situation in Venezuela to Western countries is a fallacy. The poor in Israel that this article criticizes are poor by choice and culture (religion). The poor in South American are the majority, poor through a long legacy of inequality, and the middle class is really what we ordinarily call upper middle. This article draws false parallels to make a domestic political point.
Spain investigating ex-IMF chief Rato for fraud (Reuters)
from the article: David's Harp / Hugo Chavez, Yair Lapid and useful pigs