The Origins of Venezuela’s Economic Crisis


The Real News Network has the episode The Origins of Venezuela’s Economic Crisis.

Venezuela has become a popular argument against socialism amongst conservatives because of the deep economic crisis it is currently traversing. Defenders of the Bolivarian project, though, say that US sanctions and economic war are to blame for the crisis. Greg Wilpert presents an analysis that tries to take all the factors into account


This provides the factual basis for an honest discussion of Venezuela. Of course, I can only judge that it seems plausible because of its balance. It is not rabidly anti-Chavez/Maduro, and it is not rabidly pro-Chavex/Maduro. I don’t doubt that it probably has its imperfections.

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