Life After Chavez: What's Next For Venezuela

05:21

March 06, 2013

Supporters of Venezuela's President Hugo Chavez cry outside the military hospital where President Hugo Chavez, aged 58, died on Tuesday in Caracas, Venezuela, Wednesday, March 6, 2013. (Ariana Cubillos/AP)

Venezuela Vice President Nicolas Maduro has taken over until elections can be held in the next 30 days.

Before his death, Chavez urged Venezuelans to elect Maduro, but Chavez never groomed a successor.

And many Venezuelans are said to find Maduro, a former labor leader, uninspiring compared to Chavez, who was a one-man show in Venezuelan media and political life for the 14 years he was president.

What happens now in a country so dominated by one leader for so long? Will "Chavismo," Chavez's personal brand of socialism, survive? And what will that mean for the U.S. and Latin America?

Bloomberg News reports that in the near future, the country faces political infighting and potential unrest.

Bloomberg News: Hugo Chavez, Venezuela’s Anti-U.S. Socialist Leader, Dies

Guest:

Nathan Crooks, Caracas bureau chief for Bloomberg News. He tweets @nmcrooks.

This segment aired on March 6, 2013.