The politics of Venezuela occurs in a framework explained in Government of Venezuela.
There are currently two major blocs of political parties in Venezuela: the incumbent leftist bloc United Socialist Party of Venezuela (PSUV), its major allies Fatherland for All (PPT) and the Communist Party of Venezuela (PCV), and the opposition bloc led by A New Era (UNT) together with its allied parties Project Venezuela, Justice First, Movement for Socialism (Venezuela) and others. Following the fall of Marcos Pérez Jiménez in 1958, Venezuelan politics was dominated by the Third Way Christian democratic COPEI and the center-left social democratic Democratic Action (AD) parties; this two-party system was formalized by the puntofijismo arrangement. However, this system has been sidelined following the initial 1998 election of current president Hugo Chávez, which started the Bolivarian Revolution.
Chavez has also established alliances with several Latin American countries which have elected leftist governments, such as Argentina, Bolivia, Brazil, Ecuador, and Paraguay. Evident in the strong ties it shares with Bolivia, Ecuador, Honduras and Nicaragua in the Bolivarian Alternative for the Americas .
Read more about Politics Of Venezuela: History, Statutes, Venezuelan Presidential Election of 2012
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