Last year, the New York Times reported that Hugo Chávez, in his speech before the United Nations--the one in which he called George W. Bush the Devil and urged Americans to read Noam Chomsky--expressed regret that he hadn't had a chance to meet the linguist before he died. A call to Mr. Chomsky's house, the Times writer quipped, found him very much alive. The Times, though, had to issue a quick correction when, upon review of the original Spanish, it became clear that Chávez was referring not to Chomsky but rather to John Kenneth Galbraith, who had indeed passed away a few months before.

There is something more than a little ironic about this incident, where the press, in a rush to ridicule the controversial Hugo Chávez, lost John Kenneth Galbraith in translation, for it is exactly the Harvard economist's brand of New Deal social democracy, itself long expunged from public discussion, that would allow for a more honest consideration not just of Chavismo but the broader Latin American left of which it is a vital part.

Chávez has described himself as a "Galbraithiano" and says he started reading the economist, whose books have been available in Spanish in Latin America since the 1950s, as a teenager. Long before he began referring to Chomsky and other currently better-known political thinkers, he cited Galbraith to explain his economic policies; at the beginning of his presidency, in 1999, for example, he urged a gathering of Venezuelan industrialists to support his mild reform program, quoting Galbraith to warn that if they didn't, the "toxins" generated by "extreme economic liberalism" could "turn against the system and destroy it."

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