Venezuela’s Bolivarian Revolution: From Sovereign Nation to Economic Colony


If Simón Bolívar raises his head, a little shame will fly into his belly. The revolution that took place in its name led to the transformation of a sober nation, Venezuela, into an economic colony of the American empire.

In just 25 years, on its own merits, Venezuela has gone from a country larger than 3.5 million barrels of oil per day (bpd) in 2011 to less than 1 million bpd. From exporting 72,000 million USD (dollars) in 2012 to less than 7,600 in recent years.

It is the land of emigrants and the opportunities sought by the 9 million people who have left Venezuela over the past 25 years. In the same way, employers, professionals, people with training and the ability to take care of her quickly left her. He was decapitalized in the field of human rights.

To maintain a reasonable formal democracy, even if it is believed to be corrupt, to convert in a country of dictators, totally corrupt and with a narcotic reputation. More or less transparent elections to an electoral fraud that cannot support its own government.

The joy of the Caribbean has become a land of begging beggars, with a useless army unable to defend its president and revolutionary militias of a fascist character.

Now Venezuela is a colony of Mr. Trump’s empire. You can give her the raw meat you want, at the price you want, when you want it

In 2026, the situation worsened when North American forces detained the de facto president (who was not elected): dictator Sr. Madura. After his transfer to the EEUU court, accused of various charges between his family’s drug dealers.

This is what the history of the famous Bolivarian revolution initiated by Commander Chaves and continued by bus conductor Sr. Maduro will record.

The question was whether the Spanish nation, including President Sánchez, is or is not related and given.

Now Venezuela is a colony of Mr. Trump’s empire. You can give her the raw meat you want, at the price you want, when you want it.

The colony has a current governor, Pilatos Marco Rubio, Trump’s secretary of state for foreign employment. It also has a heroine, Mrs. Delcy Rodríguez, who sacrificed her president to save her family and her friends. A hero who must gradually sacrifice what he does to the annexes of the regime.

If you don’t, the Marines will send you a poncho. No, I don’t want her, I don’t want her friends, I don’t want her or North Americans. As Delcy goes to deribar, what can be done with the Bolivarian system to be integrated, sooner or later, who knows?, nobody knows…

In economic history, colonies were considered in the mercantilist paradigm. A paradigm that, although apparently buried in the 19th century by liberalism, may never have been present in the economy of empires (example of the English and now of North America).

In this paradigm, colonies must produce raw materials for the metropolis at the price of that mark, and consume what the metropolis sends them equally at the prices at which it is. It is the business of colonial exploitation.

Are you preparing for Trump? Great deal. You will get Venezuelan oil at a low price and send us the shipping materials, North American technicians and machines at great prices.

It is the result of one of the useless things that does not belong to economics or geopolitics. Of the Utopians who were tied to power, probably due to the incompetence, desire and corruption of the Adecos and Copeyanos, the Social Democrats and the Christian Democrats who preceded them.

A great lesson for all Hispanic countries. Include your Spain.

Countries that saw Englishman Vernon come to Cartagena in 1741, Trump did so in two days.

But once the empire was Spain and all of America was united, those were different times! Because those on one side and the other side of the Atlantic are considered Spaniards of one nation, regardless of where they live, where they come from and where they live.

Notice for shippers: when your neighbor’s beard is shaved, take off yours.

** JR Pin Arboledas is an IESE professor.

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