Boliburguesía
Encyclopedia
Boliburguesía is a term describing the new bourgeois created by the Venezuelan government of Hugo Chávez
Hugo Chávez
Hugo Rafael Chávez Frías is the 56th and current President of Venezuela, having held that position since 1999. He was formerly the leader of the Fifth Republic Movement political party from its foundation in 1997 until 2007, when he became the leader of the United Socialist Party of Venezuela...

 and Chavismo
Chavismo
Chavismo is the name given to the left-wing political ideology based on the ideas, programs and government style associated with the present president of Venezuela, Hugo Chávez. Chavista is a term to describe strong supporters of Chavez, which is closely associated with support for...

, made up of people who became rich under the Chavez administration. The term was coined by journalist Juan Carlos Zapata, to "define the oligarchy that has developed under the protection of the Chavez government".

Critics of the Bolivarian Revolution
Bolivarian Revolution
The “Bolivarian Revolution” refers to a leftist social movement and political process in Venezuela led by Venezuelan president Hugo Chávez, the founder of the Fifth Republic Movement...

 say that corruption among the Boliburguesía and Chavez-administrtion sympathizers has moved millions of dollars with the complicity of public officials, alleging that persons have gotten rich under the guise of socialism. The general secretary of opposition party Acción Democrática says that corruption in the financial industry and other sectors was tied to functionaries of the administration.

The Bolibourgeoise has been criticized for their eccentricities, buying luxury Hummer
Hummer
Hummer was a brand of trucks and SUVs, first marketed in 1992 when AM General began selling a civilian version of the M998 Humvee. In 1998, General Motors purchased the brand name and marketed three vehicles: the original Hummer H1, based on the Humvee; and the H2 and H3 models that were...

s whilst supporting a revolution with a socialist society as its aim.

The scandal known as the Maletinazo
Maletinazo
The maletinazo, valijagate, or "suitcase scandal" was a 2007 scandal involving Venezuela and Argentina, souring friendship between the countries. The word comes from maletín and the suffix -azo which implies intensity or magnitude...

also generated criticism, in which the government of Hugo Chávez was alleged to be sending state oil money from PDVSA to finance the political campaign of now president Cristina Fernández de Kirchner
Cristina Fernández de Kirchner
Cristina Elisabet Fernández de Kirchner , commonly known as Cristina Fernández or Cristina Kirchner is the 55th and current President of Argentina and the widow of former President Néstor Kirchner. She is Argentina's first elected female president, and the second female president ever to serve...

.
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