Matias Vernengo — A brief note on Venezuela and the turn to the right in Latin America

Matias explains the situation in Venezuela in more detail. The problem is endemic and not directly the result of the Chavez-Maduro governments. A right-wing neoliberal government won't be able to fix it either, although they would likely get assistance from the IMF and US, at a price that will be borne by the people rather than the elite, who will be boosted by it, in particular as compradors.

Naked Keynesianism
A brief note on Venezuela and the turn to the right in Latin America
Matias Vernengo | Associate Professor of Economics, Bucknell University