Hugo Chavez and Petro Populism.

The views from the slopes of Barrio San Agustin del Sur are spectacular. Tight passageways frame Caracas and the lush, cloud-draped Avila Mountain beyond. Along the neighborhood's rough cement steps, teenagers lounge around, flirting, arguing or lost in the cheap text-messaging functions of their cell phones. Ascending a nearby cliff is a small garbage dump. From afar its refuse looks like the sand in some ominous urban hourglass.

Illiteracy, violence, disease and the listlessness of endemic unemployment have shaped the life of this barrio since landless squatters from the countryside first settled it about forty years ago. But much of that could be changing.

"Even ...

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