Articles from the "21st century socialism" created the domestic economic and political risk factors and the new freedom in the failure of Marxism in Latin America and the "Washington Consensus" of the existence of erroneous assumptions to the sovereignty of the Latin American economic and social problems caused by paper elaborates on this the context of efforts to seek way out of economic development in Latin American leftist movement, which as a prominent representative of Venezuela, Hugo Chavez's "21st Century Socialism" widespread concern, it advocates a political safeguard national sovereignty, implementation of the general public can participate national affairs and the "participatory democracy" forms; economic nationalization; social field implementation of the "Bolivarian plan" to improve people's livelihood; diplomacy to uphold its independence against the U.S. hegemony policy. And practical measures to meet the aspirations of the vast number of poor people, but also faces challenges of how to understand the "21st century socialism", which the article also made some elaborat.
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