How Venezuela’s ‘Bolivarian bourgeoisie’ profits from crisis

What makes Mr Libi’s success extraordinary — and provides the context for the multiple corruption allegations on which he has been investigated — is that he built his fortune in a country better known for shortages of basic goods, obscure business dealings and revolutionary confrontation rather than wealth creation. Indeed, as Mr Libi’s twin daughters and guests danced that night, Venezuela ended its 29th day of protests. The unrest has continued, leaving more than 90 dead. More…