Chávez Denies Elimination Of Private Property In Venezuela

Amid concerns over his plans to create a modern socialist republic, Venezuelan President Hugo Chávez has denied that he has plans to phase out the concept of private property in the country.

1 minute read

February 26, 2007, 9:00 AM PST

By Nate Berg


"President Hugo Chávez says that there are no plans to eliminate private property in Venezuela even as the country overhauls its eight-year-old Constitution this year in line with his vision for '21st century socialism.'"

"'The Bolivarian revolution, I repeat, doesn't exclude, prohibit or have any kind of plan to eliminate private property,' Chávez said over the weekend, referring to his program to transform Venezuela in honor of the 19th-century South American revolutionary, Simon Bolivar."

"While preserving private property, a revised Constitution would also protect 'social' and 'collective' property, like the country's large oil reserves, Chávez said, without giving further details."

"'Private property isn't the only kind of property,' Chávez said Saturday. 'When the conquistadors arrived here by sea, there was social property, collective property, and everyone was the owner of everything.'"

Sunday, February 25, 2007 in International Herald Tribune

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Cover CM Credits, Earn Certificates, Push Your Career Forward

Aerial view of town of Wailuku in Maui, Hawaii with mountains in background against cloudy sunset sky.

Maui's Vacation Rental Debate Turns Ugly

Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.

July 1, 2025 - Honolulu Civil Beat

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

July 9, 2025 - Diana Ionescu

Green vintage Chicago streetcar from the 1940s parked at the Illinois Railroad Museum in 1988.

Chicago’s Ghost Rails

Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

July 13, 2025 - WTTV

Bend, Oregon

Bend, Oregon Zoning Reforms Prioritize Small-Scale Housing

The city altered its zoning code to allow multi-family housing and eliminated parking mandates citywide.

5 hours ago - Strong Towns

Blue and silver Amtrak train with vibrant green and yellow foliage in background.

Amtrak Cutting Jobs, Funding to High-Speed Rail

The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

6 hours ago - Smart Cities Dive

Green Skid Row mural satirizing city limit sign in downtown Los Angeles, California.

LA Denies Basic Services to Unhoused Residents

The city has repeatedly failed to respond to requests for trash pickup at encampment sites, and eliminated a program that provided mobile showers and toilets.

7 hours ago - Los Angeles Public Press