During the first years of the presidency of Hugo Chávez did give any label to the Venezuelan process and only regarded to it as "Bolivarian". It was on 2005 during the Social Forum in Brazil, Chávez went as far as saying that the Bolivarian process was the XXI century socialism. However, it is not clear what this new socialism mean. How is it different from other socialist models? Why did it take 6 years for Chavez to talk of socialism? In fact, Chávez seems to have changed his mind at least a couple times since the beginning of the process. What are the goals of the Bolivarian process? Where is Venezuela going to? What is life like in the new socialism? When Fidel Castro was asked about his mistakes on the last few decades, he answered that one of his mistakes was to think that somebody knew how to build a socialist system.
An interesting article. Puts forward the idea that to bring about change in a society requires evolutionary change based upon principals rather than revolutionary change based upon ideals.