The longterm crisis

The Venezuelan oil rentier model and the present crisis the country faces
24 Enero 2018
Article

In this article Edgardo Lander portrays today's extensive crisis that is facing Venezuela. Because today, after more than a decade of profound political and social transformations, Venezuela is facing its most severe crisis since the civil wars of the 19th century. The significant accomplishments of the Bolivarian Revolution are all at risk. The economy is collapsing, poverty, undernourishment and death rates are increasing. Political polarization and violence could lead to a civil war. All this is seriously aggravated by increasing international isolation, due among other things, to the turn to the right of the governments of Brazil and Argentina, and imperialist actions like the recently imposed financial blockade and threats of military intervention made by Donald Trump.