Amid rousing music, he is portrayed in black and white, shrouded in pensive solitude by a swirl of cigarette smoke, reaching his momentous decision to nationalise the canal.
But the Youth League wants to go further and nationalise the means of production as well as the resources in order, it says, to distribute the profits among the people as a whole.
It will also diversify its cash reserves into the currencies of Allies, such as China, Russia and Brazil, and nationalise the gold industry.
Mr Chavez also announced plans to nationalise the country's two biggest coffee-roasters, blaming them for shortages.