Foreign Policy has the article How Venezuela Struck It Poor.

The tragic — and totally avoidable — self-destruction of one of the world’s richest oil economies.

This article gives a quite different look at the issues in Venezuela than what I have been presenting on this blog. I don’t endorse it, nor do I deny what it is saying. I just add all this information into my big storehouse in my brain in the hopes that someday I may figure something out.

As I read this story and its contradictions to my previous held beliefs, I did also notice some self contradictions in the narrative it was weaving. However, I do not consider these self-contradictions enough to discredit the article. Of course, I can detect the story’s bias against socialism and its preference for oligarchic capitalism, but I still try to keep an open mind.