Venezuelan Crisis: Grounds for Revolution? Essay

This delicate subject is affecting millions Venezuelan citizens as well as raising concerns of family members abroad fearing for their kin. It has affected generations so much that many have decided to leave behind jobs, friends and family to flee from its own country. Venezuela is one of the most dangerous countries at present, a dangerous country where “economic crises and high inflation, like panic-induced runs on banks, generate self-serving, defensive behaviors that tend to spiral out of control,” (Corrales, 15). Venezuelan citizens are having a really difficult time realizing how bad their country is doing and how their families are trying to survive day by day.

Venezuela is now witnessing its largest protests in a decade. President Nicolas Maduro who is a affiliate and follows the socialist norms took power almost a year ago and has cracked down on demonstrations with unprecedented force, using the National Guard and armed paramilitary gangs. There is a considerable portion of the population that is fed up with the country’s rapidly weakening financial system. The government has run out of cash and now relies on printing money to finance itself. As a result this country has the highest inflation rate in the world.

Nicolas Maduro, president of Venezuela has been trying to change the constitutional body of Venezuela which has lead people to think he is on the path of dictatorship. Nicolas Maduro has been saying it is for the good of the people that he is going to take over the Congress, but the people of Venezuela disagree. This made people want him to resign and has lead to very violent protest between the two. These actions have totally reflected on revolution because it is about the people of Venezuela protesting against Nicolas Maduro and how they are rebelling.

In support of this tumultuous political tactic, along with the upper class, were the both the Venezuelan and U.S. media, and the U.S. government; examining their interests is the key to understanding why these groups are against Chavez and what hand they played in helping an undisciplined regime coordinate the coup. Furthermore, a look at the country's economic structure, its historical political leadership, Chavez's political stances, and the role of the media will help us to understand what has led Venezuela to this point of extreme division and political chaos.

It is widely known that Venezuela has been having an economic crisis. But did you know it is so bad that it is being compared to the crisis that Venezuela faced in 1989? Hundreds of people in the poverty struck country have begun to loot grocery stores and trucks all in a bid to feed their families, according to a Reuters report posted Sunday, June 12, 2016.

Things are not going well in Venezuela. As a matter of fact, things are horrible. 700% inflation is causing citizens to not be able to afford basic commodities. Rolling blackouts are causing infant deaths in hospitals. Last but not least, Caracas currently has the highest murder rate worldwide.

Venezuela has experienced cyclic economic crisis for decades, and the recent one is triggered by falling oil prices (country's major source of revenue), and consequent balance of payment crunch and triple-digit inflation, all of which led to shortages of food and household product supplies.

Another outcome that can be used in Venezuela is a regime change. For instance the prohibition of US dollars in oil transactions as it was done in Iran to change its regime. The crisis in Venezuela is caused by first mismanagement of the economy, the populist policies, its dysfunctional exchange rate system, and the currency of the money used in Venezuela. The Bolivar is the official currency of Venezuela. Which currently has lost almost all of its value against the US dollar. The country’s economy has fallen into a problem in the past few years due to a plunge in global oil prices and a miss leading government response to the crisis. The reduction or elimination of foreign currency in Venezuela means to make some adjustment to its economy

Many Venezuelan feel that the economic crisis that exists there is because of his inefficient management of the

There have been political conflicts that are far beyond our reach in Venezuela. Venezuela has been known for being in a state of crisis for several years now, frustration within the community has been growing over food shortages, other materials, lack of security, and high inflation. According to Political Crisis in Venezuela, Patrick Duddy states that economic problems have been increasing, and possibly will lead them to catastrophe. The president of Venezuela, Nicholas Maduro, has not reacted to any of these emergencies lately, therefore leaving Venezuela to plummet, this can increase Venezuela’s political instability. Since the election of Nicholas Maduro, government facilities has become more strict and tight, says Duddy. Individuals like

Violence towards government’s opposition is a serious problem in Venezuela and it has been increasing through the years. It affects every single one of the Venezuelans and many people around the world may not be conscious about it. Even though, it can be extremely hard to solve this problem, in fact, it requires many effort, dedication, patience and of course, time. People need to understand that every problem has a solution and they cannot give up right now. It is time for each person to express herself/himself without being afraid or feeling intimidated. As a final point, it is important to understand that as humanity evolves, more problems are will be originated and it is up to society to be prepared to solve those

There are mass shortages. There is simply just not enough food to go around. Imports have fallen two-thirds since 2012. Venezuela’s economy dipped 8 percent in 2016 and is expect to dip even more this year. Since the price controls are so tight, even private companies cannot import raw materials. Coca-Cola halted production in 2015 due to a sugar shortage. The government continues to blame the economic disaster on an economic war started by foreign powers that are against the Venezuelan government. Maduro claims the business elite supported by countries like the United States and Spain have cut back production on foodstuffs to create a shortage, hoping to detonate a social crisis that would help dethrone him. The citizens are looking for their own solutions. They have no choice but to buy food on the black market. Prices on the black market are many times that of the government-established price. The government is on a crack down on these black market food distributors who obtain food illegally and resell it at a steep price. One of the country’s most costly price controls is that on gasoline. You are able to fill up a full take for a few cents. On the black market you could flip gasoline and make more money over the boarder. This is so profitable that even engineers, doctors, and lawyers have given up their day job to participate. You will even find children smuggling gasoline in coke bottle across the border into Colombia. The

Now it must be mentioned that Maduro, instead of changing tack upon the death of Chavez, doubled-down on the latter’s policies and, in many cases, initiated economic policies that have further exasperated the crisis. As a result of having depleting government reserves, Maduro slashed imports including basic good like groceries and medical supplies – this was done in order to avoid having to default on foreign debt. Moreover, Maduro also made the grave mistake of responding to the impending crisis by printing money, which has caused inflation to skyrocket and exasperated the situation even further by making basic goods unaffordable. These policies coupled together have led to food shortages which have even led to food riots. While the economic policies of Chavez created the current crisis, those of Maduro has made the crisis far worse. The two men, quite simply, personified economic populism, relying on “the creation of a material base for the public’s support and the distribution of favors to constituents,” all whilst paying little heed to financial constraints (Cordova Cazar and Lopez-Bermudez 2009,

The long and ongoing crisis in Venezuela has been one of the most tragic examples of government instability in recent history. It began when former socialist leader Hugo Chavez was elected president after leading two failed coup attempts acted out by the United Socialist Party of Venezuela (formerly the Fifth Republic Movement), his service as president spanning from 1999 to his death in 2013. He was succeeded by Nicolás Maduro, who took office in a rigged election and who many Venezuelans and academics believe caused inflation, hunger, poverty, increased violence and socioeconomic decline because of his continuation of former president Chavez’s policies.

Nowadays, globalization is a kind of phenomenon of human social development process. It enhances global connections and makes different culture spread from all over the world. Globalization is also an exchange of world view, products, concepts and other cultural elements, and it brings a process of international integration. As we know, there are more and more worldwide brands appear in the world, such as Starbucks. Many eastern people begin to accept coffee in their life even though Starbucks is a western brand, so globalization makes a connection between every countries and influence each others. However, some people with traditional ideas may think that globalization is a bad thing to protect national culture, and it can lead to cultural conflict. I believe that globalization promotes a better development and transmits more advanced knowledge by cooperation between every individual countries all over the world.