Book excerpt: The authoritative first-hand account of contemporary Venezuela, Hugo Chávez places the country’s controversial and charismatic president in historical perspective, and examines his plans and programs. Welcomed in 1999 by the inhabitants of the teeming shanty towns of Caracas as their potential savior, and greeted by Washington with considerable alarm, this former golpista-turned-democrat took up the aims and ambitions of Venezuela’s liberator, Simón Bolívar. Now in office for over a decade, President Chávez has undertaken the most wide-ranging transformation of oil-rich Venezuela for half a century, and dramatically affected the political debate throughout Latin America. In this updated edition, Richard Gott reflects on the achievements of the Bolivarian revolution, and the challenges that lie ahead.