The Dig: Explaining Venezuela's Crisis
A decline in oil prices gutted the revenue stream that Venezuela depended on to bankroll its social spending. The government led by Chavez’s successor Nicolás Maduro is increasingly turning to repression in response to constant, and often violent,
July 26, 2017
54 min
73 of 1,867
July 26, 2017
The Dig: Explaining Venezuela's Crisis
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Jacobin Episodes Around July 26, 2017
Episode 73 of 1,867 — walk the feed in the order it was published.
The Dig: Explaining Venezuela's Crisis
Summary
A decline in oil prices gutted the revenue stream that Venezuela depended on to bankroll its social spending. The government led by Chavez’s successor Nicolás Maduro is increasingly turning to repression in response to constant, and often violent, protests from the opposition. NYU historian and NACLA Executive Editor Alejandro Velasco explains what's happening in Venezuela and why, as well as how the promise of the Bolivarian Revolution might still be salvaged. Thanks to supporters at nacla.org, an unrivaled source for left-wing news on Latin America.
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