Mary Anastasia O’Grady, The Americas columnist for the Wall Street Journal writes about Venezuela’s Hugo Chavez emulating Fidel Castro’s authoritarian trait:

It is no secret that Hugo Chávez wants to be just like Fidel Castro someday. And last week he took a step closer to that goal by laying down 26 new decrees designed to eviscerate property rights and further consolidate economic power in the presidential palace. He also nationalized the third-largest bank in the country.

Yet it is not only in the economic realm that Hugo is mimicking his Cuban idol. What has been less publicized is the Venezuelan president’s expanding collection of political prisoners, and his other sinister methods of neutralizing opponents.

The economic measures of the Bolivarian Revolution are worrying enough on their own. The government has proclaimed food production and distribution a public good, which means that the state can intervene in any way it wants. Indeed, it already has; and many believe that Mr. Chávez now has the Venezuela food processor and beverage maker Polar targeted for nationalization.

Mr. Chávez has spent nearly a decade trying to transform Venezuela into a centrally planned economy. The results are dismal. There are food shortages, private-sector investment and employment are shrinking, and inflation for the past 12 months was almost 34%. A rising homicide rate suggests that civil order is breaking down.

Nevertheless, Mr. Chávez appears pleased with the circumstances, illuminating another way in which he resembles Castro: Both men are narcissists above all else, and both have been driven by an intense desire to rule as the omnipotent caudillo. The welfare of the nation is beside the point.

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