Socialism, Not Sanctions, Is Responsible For The Destruction Of Venezuela

Jan 12th 2026 3:45pm EST

Socialism, Not Sanctions, Is Responsible For The Destruction Of Venezuela Authored by Daniel Lacalle, Venezuela is not poor due to sanctions. It is poor because the Chavez-Maduro regime stole hundreds of billions of dollars and demolished the productive fabric of the economy. Venezuela had 12,700 private companies when Chávez came to power, according to Conindustria. Only about […]

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