Founder of "21st Century Socialism" Blasts Venezuelan President

Hugo Chavez previously brought the concept to the South American country

The man credited with pioneering the idea of 21st Century socialism, which was championed and put into application in Venezuela under Hugo Chávez, recently made a damning condemnation of current Venezuelan President Nicolás Maduro.

German sociologist and political analyst Heinz Dieterich said Maduro has a "complete inability to deal with the serious problems of the country." He added that if the Venezuelan president doesn't do something to rectify the economic and political problems facing his country soon, he could be out of office by April of 2014.