Venezuela’s Communist Control Of The Economy Cracks Open An Inch
Editor's Note: The Venezuelan economy is one of the most repressed in the world. In fact, the country ranks next to last on the Heritage Foundation's 2022 Economic Freedom Index. The only country with worse rankings is North Korea. But there are a few signs the country's leaders are seeing at least some value in the capitalist model. Even as Venezuela's President Nicolas Maduro courts despots in Iran and Algeria, he is opening up the government's ownership of some parts of the economy, at least a crack. The story below is by Ernesto Rodriguez.
Source: My Expat Diary
June 10, 2022—If you’ve been following Venezuela’s and Latin America’s news, you might have seen something extremely curious: Predictions of growth from the Venezuelan economy. They come from various places: the Intern...