Socialism

Court-packing fundamentally transform the institution into a political actor, no longer capable of acting as an impartial referee.

Farmers warn that the country could be out of diesel in two weeks, a situation that would paralyze Venezuela’s already decimated food supply.

“La Resistencia es Libertad,” a new message heard all over Venezuela.

Last week, Venezuela experienced its latest sham election. This time is an “election” to renew the country’s national assembly, which is the only institution controlled by the opposition, and the only institution recognized by the international community. 

Pope Francis has manifested on numerous occasions his anti-capitalist vision of the world. In his latest encyclical, entitled Fratelli Tutti, Francis argues that the COVID-19 crisis exposed inherent problems of the free market system.

On Tuesday, Maduro proposed new legislation that encompasses the privatization of the oil industry, the possibility of returning expropriated companies to their original owners, and the free trade of strategy goods, such as fuel.

Last month, I wrote an article about Venezuela’s business environment

El peligroso y falso debate de las simplificaciones

Venezuela is constantly over the news given its unprecedented economic collapse. Yet, numerous people still think that the country’s economic hardships were caused by external factors, such as declining oil prices or financial sanctions from the international community. When in reality, the Venezuelan collapse is the direct consequence of the country’s inefficient, distorted, and hostile business environment.

There is a dramatic and worrying informational blackout in Venezuela. The regime censored all traditional media outlets. Social media has become more deception than information. And as if these problems were not enough, most Venezuelans don't even have internet access.