In Bolivia we have Evo Morales, the first president of Bolivia. Evo is also a radical socialist (left-wing). He has nationalized several major companies; one of them is the nature resources such as oil, gas, and mines. He has been very controversial in the way he has nationalized the companies, but he has also created closer bonds with Cuba, Iran, and Venezuela. Evo Morales’ style goes in the opposite direction of the other capitalist organizations. He doesn’t believe in capitalism, he is mainly against the American free trade. Additionally, he condemns the UN and FMI for only supporting wealth countries and not also the poor countries. His relationship with Venezuela and Cuba is affecting the relationship with other countries as well. In the past few years foreign investment in the country has been reduced because they fear the government will take over the company or raise taxes.
Web:http://news.bbc.co.uk/2/hi/americas/3203752.stm
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