Towards authoritarian capitalism in Venezuela?

In the international media, the Venezuelan government is still often referred to with the prefix ‘socialist’. Inside the country, a disorderly deregulation process is opening more spaces to the market, yet it is also creating apparent new inequalities.  Towards what kind of economic system is Venezuela moving? Faced with a dearth of public data, we … Continued

Venezuela: The country that didn’t sow oil 

At the end of the 1990’s, before Chávez came to power, PDVSA was ranked as the fourth most important oil company in the world according to the American Petroleum Institute’s ranking. Today it occupies the last place among 253 oil companies.

When did Venezuela get screwed?

What happened in Venezuela, which four decades ago was an example of a democratic model, in the midst of a South America ruled by military governments. Today the country is at the bottom in terms of freedom, democracy and rule of law.

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