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Risks of Exporting Democracy
- Exporting free market democracy can cause ethnic hatred and instability.
- Democracies can empower majority groups against market-dominant minorities, fueling conflict.
Hugo Chavez's Ethnic Populism
- Hugo Chavez used ethnic identity to galvanize majority support in Venezuela.
- He challenged a light-skinned elite controlling economy and politics, disrupting US foreign policy assumptions.
Markets and Democracy Clash
- Democracy and markets often conflict in ethnically divided societies.
- Market-dominant minorities gain wealth while majority uses democracy to seek redistribution, sparking instability.


