Since the discovery of abundant oil resources in the 1920s, Venezuela has had an economically privileged position among the nations of Latin America, which has led to its being treated by economic ...and political analysts as an exceptional case. In her well-known study of Venezuela’s political economy, The Paradox of Plenty (1997), Stanford political scientist Terry Karl argued that this oil wealth induced extraordinary corruption, rent-seeking, and centralized intervention that resulted in restricting productivity and growth. What this and other studies of Venezuela’s economy fail to explain, however, is how such conditions have accompanied both growth and stagnation at different periods of Venezuela’s history and why countries experiencing similar levels of corruption and rent-seeking produce divergent developmental outcomes.
By investigating the record of economic development in Venezuela from 1920 to the present, Jonathan Di John shows that the key to explaining why the economy performed much better between 1920 and 1980 than in the post-1980 period is to understand how political strategies interacted with economic strategies—specifically, how politics determined state capacity at any given time and how the stage of development and development strategies affected the nature of political conflicts. In emphasizing the importance of an approach that looks at the political economy, not just at the economy alone, Di John advances the field methodologically while he contributes to a long-needed history of Venezuela’s economic performance in the twentieth century.
Populism is best understood as a Manichaean world view linked to a characteristic language or discourse. Chavismo, the movement that sustains Hugo Chávez in Venezuela, is a paradigmatic instance of ...populism. Using a novel, cross-country dataset on populist discourse, combined with extensive data from within Venezuela and across other countries, this book demonstrates that populist movements can be understood as responses to widespread corruption and economic crisis. The book analyzes the Bolivarian Circles and government missions in Venezuela, revealing how populist ideas influence political organization and policy. The analysis provides important insight into the nature of populism, including its causes and consequences, and addresses broader questions about the role of ideas in politics.
Dancing Jacobins traces the populist "monumental governmentality" that began to take shape in Venezuela and other Latin American nations around the time of independence, in response to the insistent ...return of subaltern populations in the form of crowds. Informed by a Bolivarian political theology, the nation's representatives, or "dancing Jacobins," draw on the repertoire of busts, portraits, and equestrian statues of national heroes scattered across Venezuela in a montage of monuments and dancing--or universal and particular. To this day, the nervous oscillation between crowds and peoplehood intrinsic to this form of government has inflected the republic's institutions and constructs, which are haunted and imbued from within by the crowds they otherwise set out to mold, enframe, and address.
Beginning in the late 1950s political leaders in Venezuela built what they celebrated as Latin America's most stable democracy. But outside the staid halls of power, in the gritty barrios of a ...rapidly urbanizing country, another politics was rising—unruly, contentious, and clamoring for inclusion. Based on years of archival and ethnographic research in Venezuela's largest public housing community, Barrio Rising delivers the first in-depth history of urban popular politics before the Bolivarian Revolution, providing crucial context for understanding the democracy that emerged during the presidency of Hugo Chávez. In the mid-1950s, a military government bent on modernizing Venezuela razed dozens of slums in the heart of the capital Caracas, replacing them with massive buildings to house the city's working poor. The project remained unfinished when the dictatorship fell on January 23, 1958, and in a matter of days city residents illegally occupied thousands of apartments, squatted on green spaces, and renamed the neighborhood to honor the emerging democracy: the 23 de Enero (January 23). During the next thirty years, through eviction efforts, guerrilla conflict, state violence, internal strife, and official neglect, inhabitants of el veintitrés learned to use their strategic location and symbolic tie to the promise of democracy in order to demand a better life. Granting legitimacy to the state through the vote but protesting its failings with violent street actions when necessary, they laid the foundation for an expansive understanding of democracy—both radical and electoral—whose features still resonate today. Blending rich narrative accounts with incisive analyses of urban space, politics, and everyday life, Barrio Rising offers a sweeping reinterpretation of modern Venezuelan history as seen not by its leaders but by residents of one of the country's most distinctive popular neighborhoods.
Venezuela's Hugo Chávez was the first anti-neoliberal presidential candidate to win in the region.Electing Chávezexamines the circumstances that facilitated this pivotal election. By 1998, Venezuela ...had been rocked by two major scandals-the exchange rate incidents of the 1980s and the banking crisis of 1994-and had suffered rising social inequality. These events created a deep-seated distrust of establishment politicians. Chávez's 1998 victory, however, was far from inevitable. Other presidential candidates also stood against corruption and promised a clean break from politics as usual. Moreover, business opposition to Chávez's anti-neoliberal candidacy should have convinced voters that his victory would provoke a downward economic spiral.InElecting Chávez, Leslie C. Gates examines how Chávez won over voters and even obtained the secret allegiance of a group of business "elite outliers," with a reinterpretation of the relationship between business and the state during Venezuela's era of two-party dominance (1959-1998). Through extensive research on corruption and the backgrounds of political leaders.Gates tracks the rise of business-related corruption scandals and documents how business became identified with Venezuela's political establishment. These trends undermined the public's trust in business and converted business opposition into an asset for Chávez. This long history of business-tied politicians and the scandals they often provoked also framed the decisions of elite outliers. As Gates reveals, elite outliers supported Chávez despite his anti-neoliberal stance because they feared that the success of Chávez's main rival would deny them access to Venezuela's powerful oil state.
Beneath Venezuelan soil lies an ocean of crude-the world's largest reserves-an oil patch that shaped the nature of the global energy business. Unfortunately, a dysfunctional anti-American, leftist ...government controls this vast resource and has used its wealth to foster voter support, ultimately wreaking economic havoc.Crude Nationreveals the ways in which this mismanagement has led to Venezuela's economic ruin and turned the country into a cautionary tale for the world. Raúl Gallegos, a former Caracas-based oil correspondent, paints a picture both vivid and analytical of the country's economic decline, the government's foolhardy economic policies, and the wrecked lives of Venezuelans.Without transparency, the Venezuelan government uses oil money to subsidize life for its citizens in myriad unsustainable ways, while regulating nearly every aspect of day-to-day existence in Venezuela. This has created a paradox in which citizens can fill up the tanks of their SUVs for less than one American dollar while simultaneously enduring nationwide shortages of staples such as milk, sugar, and toilet paper. Gallegos's insightful analysis shows how mismanagement has ruined Venezuela again and again over the past century and lays out how Venezuelans can begin to fix their country, a nation that can play an important role in the global energy industry.
This fascinating study traces sixteenth-century German colonialism in Venezuela through the lens of racialized capitalism and the subsequent memorialization of the period through to the twentieth ...century.Giovanna Montenegro investigates one of the strangest and often-ignored episodes in the conquest and colonization of the Americas--the governance of the Province of Venezuela by the Welsers, a German banking family from Augsburg, in the sixteenth century. Using a comparative and interdisciplinary approach, the book chronicles the Welsers' business expansion beyond banking to colonization and the slave trade in the Spanish Indies and the eventual failure of the colony. Montenegro follows the money that financed the Habsburg empire, tackling a multifaceted, multilingual corpus of primary documents. She examines numerous legal documents, from contracts granting colonization and slave trade rights (capitulaciones, asientos) to complex financial transactions (interests, exchange rates). She also analyzes maps, literary texts, and various chronicles and poems of the period. The book examines a history of violence perpetrated upon enslaved Indigenous and African people, but it is also the story of how different generations across the Atlantic, up to Nazi Germany in the twentieth century, have remembered and recalled this Welser period of governance in Venezuela to serve other social and political purposes. Montenegro positions her research in relation to current critical discussion on inequality, slavery, White supremacy, and neoconservative nationalist movements in contemporary Latin America and Germany. German Conquistadors in Venezuela is a stimulating read. The book will appeal to Latin Americanists, Germanists, early modernists, and scholars and students interested in postcolonial studies, cultural studies, and memory studies.
