Most of what could be written about the economic, social, and political crisis in Venezuela would seem abstract and distant to Westerners.
But making the crises concrete is the halt in production of the real thing, Coke.
Imagine being lucky enough to have stocked up in advance. Imagine having enough in your stockpile to sell at a shortage-induced inflated price.
But also imagine having to do without a cold soda pop whenever you want one.
Coca-Cola is halting production of its namesake soft drink in Venezuela for the foreseeable future due to a shortage of sugar.
The US company says it is being forced to take the action because it has run out of the raw material.
Venezuela’s economy is teetering on the edge of collapse with widespread food shortages and inflation forecast to surpass 700%.
Last month, Venezuela’s largest food and drinks company, Empresas Polar, stopped production of beer because it was unable to obtain enough imported barley.
Coca-Cola said sugar-free drinks would be unaffected.
The move comes after a week of violent clashes between security forces and supporters of the opposition to President Nicolas Maduro.
Last week Mr Maduro imposed a 60-day state of emergency giving extra powers to police and soldiers.
But analysts say that for many Venezuelans, the state of emergency is irrelevant as their daily life now involves spending hours waiting to buy scarce food and basic goods.
The situation in the country has got progressively worse. Last year the US designated Venezuela a danger to its national security.
On Friday, in response to the unrest, the President launched what he billed as the country’s biggest-ever military exercises.
Two days of drills included fly pasts by Russian-made Sukhoi Su-30MK2 strike jets and state TV showed tanks and troops on manoeuvres.
The drill, codenamed “Independence 2016”, involves 520,000 soldiers and military personnel and is thought to be aimed at the United States, which Mr Maduro blames for most of his country’s problems.
There have been some reports of looting in Venezuela in recent weeks.
Foreign mediators have been in Caracas trying to arrange discussions between the government and the opposition to ease the political strife.
There are two schools of thought about the Venezuela crisis. One is that the country is being looted by the New World Order.
Henry Makow posted this piece back in 2014:
Venezuela has the second largest oil reserves in the world and used to be the main exporter of oil to the US. Chavez and his minion have destroyed this fabulously rich country. Official inflation is 56%, but real one is probably much higher. 28% of basic staples are missing from the market shelves, including chicken, sugar and even toilet paper, which had to be imported in a hurry and became a source of jokes. Maduro even ordered the invasion of the factory. Since there are no dollars needed to import parts and raw materials, factories such as Toyota and GM have closed doors. – See more at: http://henrymakow.com/2014/02/NWO%20Agenda%20Behind%20Mayhem%20in-Venezuela.html#sthash.CI6yAHxv.dpuf
The embedded video below was published on youtube on April 24, 2016. It continues the theme of the Illuminati control of Venezuela.
An alternative to the New World Order/Illuminati theories of Venezuela’s problems is found in racial theories. The basic idea is that mestizos are incapable of effective self-government.
My own very respectable economic development professor at the University of New Orleans, Dr. Walton T. “Terry” Wilford, spent years in South America, working with Mestizos. As he used to say, they have no ability to organize and manage. A central character flaw in them is their failure to see ahead. According to Dr. Wilford, they live for today and for today only.
In short, by today’s standards, my professor was a “racist” who would be fired these days for the truths he told about his years in South America, years he spent trying to further the economic development of the mestizo.
Note: We used an even earlier edition of the classic Benjamin Higgins Economic Development text. You can buy a slightly newer edition than we used here. My guess is that the 1968 edition was still largely politically incorrect. The book would be a good investment for anyone looking to get up to speed with theories of how countries develop economically. Higgins was a liberal, but I vaguely recall that at least some of what he wrote would be considered race realism.