Hugo Chavez, the president of Venezuela since 1999, has rejected principles of liberalism by increasing government control of the economy through nationalizing firms in various sectors including cement, steel, petroleum, communications, and electricity. He seeks to implement "21st Century Socialism" to alleviate social ills while attacking capitalist globalization and existing democratic institutions. While popular among poor Venezuelans for distributing more oil income, Venezuelans were split over Chavez's rule due to growing repression and concentration of power under his leadership.