El Caracazo: The unseen military cover-up

Katy says: Yesterday was the anniversary of El Caracazo, a day that no Venezuelan can ever forget. On February 27th, 1989, thousands of poor people poured into the streets to protest a hike in the prices of gas and public transportation. As the crowds grew larger, people began looting, and pretty soon Venezuela’s major cities…

El Caracazo: The unseen military cover-up

Katy says: Yesterday was the anniversary of El Caracazo, a day that no Venezuelan can ever forget. On February 27th, 1989, thousands of poor people poured into the streets to protest a hike in the prices of gas and public transportation. As the crowds grew larger, people began looting, and pretty soon Venezuela’s major cities…

An Empty Revolution

<!– –> Printer-friendly page format <!– Home | Subscribe | Current Issue –> <!– var s_wd=window,s_tm=new Date;if(s_code!=' '){s_code=s_dc( 'cfrfa');if(s_code)document.write(s_code)}else document.write('’) //–> An Empty Revolution The Unfulfilled Promises of Hugo Chávez By Francisco Rodríguez From Foreign Affairs , March/April 2008 Summary: Even critics of Hugo Chávez tend to concede that he has made helping the poor…

The red submarines

Katy says: Chilean newspaper El Mercurio reprinted a story today originally broken by Argentine daily Clarín: Chávez is in the market to buy nine new submarines for the Venezuelan Navy, with expected costs in the billions of dollars. The main reason, according to Chávez aide Alberto Müller, is that Venezuela is concerned about a possible…

The red submarines

Katy says: Chilean newspaper El Mercurio reprinted a story today originally broken by Argentine daily Clarín: Chávez is in the market to buy nine new submarines for the Venezuelan Navy, with expected costs in the billions of dollars. The main reason, according to Chávez aide Alberto Müller, is that Venezuela is concerned about a possible…

On political common sense, Part 2: Their side

Quico says: Two weeks ago, I wrote this long piece on the deeper reasons why chavismo is so profoundly unacceptable to those of us in the opposition. I argued that Venezuela is currently caught between two competing sets of “political common senses.” Here, I want to address the other side’s common sense, its deeper roots,…

Breaking up is hard to do

Katy says: A few days ago Primero Justicia, Venezuela’s third-largest political party, suffered a public split. A group led by Chacao mayor Leopoldo López (pictured right) and former assemblymen Gerardo Blyde and Liliana Hernández resigned from the party alleging a lack of internal democracy, saying in the process that the party had “aged quickly” and…

Breaking up is hard to do

Katy says: A few days ago Primero Justicia, Venezuela’s third-largest political party, suffered a public split. A group led by Chacao mayor Leopoldo López (pictured right) and former assemblymen Gerardo Blyde and Liliana Hernández resigned from the party alleging a lack of internal democracy, saying in the process that the party had “aged quickly” and…

Six slides is all it takes

There’s something vaguely embarrassing about the whole debate about food shortages taking place in Venezuela these days. Because, really, there’s nothing to debate: the way price controls lead to shortages is one of the best understood phenomena in all of economics. This is the kind of stuff undergraduates learn within the first week of their…

Lose money or lose your business!

Quico says: Want to know how to blame the retail sector for its own expropriation? Ask yourself this: So, really, the choice is up to you. You can either: 1-Sell at the controlled price, lose money and go bankrupt. or 2-Refuse to sell at the controlled price, be tarred a “hoarder,” and get expropriated. …and…

Lose money or lose your business!

Quico says: Want to know how to blame the retail sector for its own expropriation? Ask yourself this: So, really, the choice is up to you. You can either: 1-Sell at the controlled price, lose money and go bankrupt. or 2-Refuse to sell at the controlled price, be tarred a “hoarder,” and get expropriated. …and…