Venezuela, a Failing State

Venezuela, a Failing State

11/22/2016

link

https://www.newyorker.com/magazine/2016/11/14/venezuela-a-failing-state

summary

This article from The New Yorker provides an in-depth analysis of the ongoing political and economic crisis in Venezuela, describing it as a failing state. The author discusses the country's history of oil wealth and corruption, which eventually led to economic mismanagement and the unraveling of its social fabric. The article describes the scarcity of basic goods, such as food and medicine, and the rise of violence and political repression. It also highlights the government's attempts to control the media and suppress dissent. Ultimately, the article presents a bleak picture of Venezuela's current state and the challenges it faces in finding a way forward.

tags

venezuela ꞏ failing state ꞏ political crisis ꞏ economic collapse ꞏ socialism ꞏ latin america ꞏ hugo chavez ꞏ nicolás maduro ꞏ oil industry ꞏ corruption ꞏ inflation ꞏ humanitarian crisis ꞏ democracy ꞏ social unrest ꞏ poverty ꞏ food shortages ꞏ political instability ꞏ international relations ꞏ us-venezuela relations ꞏ political oppression ꞏ authoritarianism ꞏ social inequality ꞏ human rights ꞏ political violence ꞏ government mismanagement ꞏ economic sanctions ꞏ migration ꞏ drug trafficking ꞏ political dissent ꞏ media censorship ꞏ opposition movement ꞏ social welfare ꞏ international aid ꞏ foreign intervention ꞏ hyperinflation ꞏ black market ꞏ currency crisis ꞏ brain drain ꞏ social programs ꞏ oil dependency ꞏ protests ꞏ political refugees ꞏ economic reforms ꞏ populism ꞏ state failure ꞏ international politics ꞏ political leadership ꞏ international community ꞏ social justice