ANC's economic thinking is not, as is often thought, the story of an overnight switch, under foreign pressure, from socialistideology to a more market-friendly approach.
For much of the 20th century the developing countries were held back by an adapted socialistideology that put global injustice, inequality and victimhood front and centre.
His Chavismo leftist ideology made its mark on the socialist governments of Evo Morales in Bolivia, Rafael Correa in Ecuador and Daniel Ortega in Nicaragua.