What happened to Venezuela? How did things go so
wrong? The short answer is Chavismo. Under the leadership of Hugo Chávez
and his successor, Nicolás Maduro, the country has experienced a toxic mix of
wantonly destructive policy, escalating authoritarianism, and kleptocracy, all
under a level of Cuban influence that often resembles an occupation. Any one of
these features would have created huge problems on its own. All of them
together hatched a catastrophe. Today, Venezuela is a poor country and a failed
and criminalized state run by an autocrat beholden to a foreign power. The
remaining options for reversing this situation are slim; the risk now is that
hopelessness will push Venezuelans to consider supporting dangerous measures,
such as a U.S.-led military invasion, that could make a bad situation worse.
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