“... forces and to produce ethanol from sugar cane. So Zelaya turned instead to another regional power, Hugo Chávez’s Venezuela. From 2007 onwards, Chávez began to deliver subsidised petroleum and to invest in the development projects that Zelaya wanted to promote. In 2008, Zelaya raised the minimum wage to the ...”

“... Robin Hood is a programme of the left. Robin Hood is Jeremy Corbyn. He’s Russell Brand. He’s Hugo Chávez. So it used to seem. But a change has come about. The wealthiest and most powerful in Europe, Australasia and North America have turned the myth to their advantage. In this version of Robin Hood the traditional poor – the unemployed, the ...”

“... and prices reacted accordingly (amid some agitation among traders regarding the ascension of Hugo Chávez in Venezuela, and deteriorating US-Iraq relations). Rising oil prices in 2000, and the bursting of the Wall Street high-technology bubble, doubtless fed the perception that oil was scarce and economic recovery might be compromised. But rising ...”

“... of foodstuffs, it stood on the brink of a commodities boom, and also had the friendship of Hugo Chavez in Venezuela, who financed his fellow left populists in Buenos Aires on generous terms. Whether or not class struggle is the motor of history, it rarely goes by that name. Coggan attempts to stay above the fray: ‘Economic history has been a war ...”