51³Ô¹Ï

The people of Venezuela are protesting against the government in a desperate response to the economic crisis.

Venezuela has the in the world. But since the , it has struggled to maintain a steady profit. To ensure economic stability, the government resorted to below its marginal price, selling its and using oil infrastructure as . This inevitably resulted in the dramatic currency that destroyed domestic business.

President Nicolas Maduro has pursued the late ’s Bolivarian revolution, continuing policies of nationalizing large segments of the economy and promoting expensive welfare programs, leading to the country’s economic collapse. Venezuelans are no longer willing to comply with the government’s socialist revolution and are responding in protest.

At least in demonstrations, a death toll that is continuously increasing. For more than 50 days, Venezuelans have been protesting in efforts to overthrow Maduro. Prices have risen and the government does not have enough funds for imports, making even basic necessities difficult to obtain. In 2016, this lack of supply saw into Colombia to buy food and medicine.

There is a major disconnect between the government and its people. The Maduro government has labeled the protesters as the extreme right, and it blames capitalism for fueling their disdain toward the current administration. But many Venezuelans have simply lost faith in the government’s abilities and efforts, and will continue to protest in demand for elections and change.

The views expressed in this article are the author’s own and do not necessarily reflect 51³Ô¹Ï’s editorial policy.

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