Chavismo is the left-wing political ideology of former Venezuelan president Hugo Chavez and his successor, Nicolas Maduro. A form of socialism, it combines elements of social democracy, patriotic socialism, Bolivarianism, the idea of "permanent revolution" from Trotskyism, and Latin American integration and independence. Policies include nationalization, social welfare, and opposition to imperialism and neoliberalism.
Unlike most forms of Marxian socialism, Chavismo is not against private property, but seeks to promote collective ownership. It has been criticized by some socialists, communists and Marxists as a form of state capitalism, owing to the country's large private sector (70% of Venezuela's GDP was created by the private sector, as of 2009). Followers or adherents of Chavismo are known as Chavistas or Chavists.