Quote:
Originally Posted by slidey
However, from my minimal understanding I get the feeling that Venezuela under Chavismo economics has done reasonably well. Any thoughts on this?
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Having a massive amount of a super-valuable commodity like oil allows them to get away with quite a few questionable policies. On the other hand, all the folks that are beneficiaries of Venezuelan government charity (oil at cut-rate prices internationally, and staples at reduced prices for the less well of locally) do appreciate it.
Regarding Venezuela as a whole, the story's not yet complete. Time will tell, much as it will in Cuba.