Friday, January 30, 2015

God does not care for Venezuela!

There is one huge problem that I end up with after traveling to a country--I end up worrying about that country, too.  As a kid, life was simpler for the only reason--in this context--that all I worried about was, well, India, though I was fascinated by other countries also.  Then, from the moment I landed in Los Angeles, my worries about the US began.

The first on this list of my "special" countries--other than the old country and the adopted one--was Venezuela.  In the summer after the first year of graduate school in Los Angeles, I went to Venezuela with a group of fellow graduate students.  As I have blogged more than once, I have warm memories of that country and its people, and how that experience was even a part of my growing up in so many different ways.

It pains me--and such empathy is no good for my heart--when I read about the chaos there, thanks to the resource-curse and the dirty rotten scoundrels who have governed Venezuela.  I don't know enough about its history to figure out whether Hugo Chavez was the worst of them all, but I bet he is up there in the hall of shame.
“I’ve always been a Chavista,” said Ms. Noriega, using a term for a loyal Chávez supporter. But “the other day, I found a Chávez T-shirt I’d kept, and I threw it on the ground and stamped on it, and then I used it to clean the floor. I was so angry. I don’t know if this is his fault or not, but he died and left us here, and things have been going from bad to worse.”
Indeed, from bad to worse!

In the old days, we used to joke about life in the Soviet Union, with its shortages.  Like this one:
A customer walks into a shop and says, "oh, you don't have any fish".
The shop worker angrily retorts with, "you have come to the wrong shop, comrade.  This is a butcher's shop where we don't have any meat."   And then he adds "the store where they don't have any fish is in the fish shop across the road!"
Those were the days that I was sure we would not return to.  But then, well, there was Hugo Chavez!
Venezuelans have put up with shortages and long lines for years. But as the price of oil, the country’s main export, has plunged, the situation has grown so dire that the government has sent troops to patrol huge lines snaking for blocks. Some states have barred people from waiting outside stores overnight, and government officials are posted near entrances, ready to arrest shoppers who cheat the rationing system.
Lines and crowds like in this photograph:



What a tragedy!

Chavez died and made sure that his chosen successor would further screw things up for the people:
President Nicolas Maduro stuck to the party line, blaming oil's ruinous price plunge on the global capitalism "of the north.""The capitalism of the world of the north is trying to destroy OPEC, to control sources of energy, to destroy the just prices that we need and have been assimilated by the entire world," said Maduro. 
As in the old Soviet Union, Chavez and Maduro have no understanding of price.  All they know is the empty flame-throwing rhetoric attacking "capitalism," whatever that means to whoever listens to them!
Venezuela has the world’s largest estimated petroleum reserves, and when oil prices were high, oil exports made up more than 95 percent of its hard currency income. Mr. Chávez used the oil riches to fund social spending, like increased pensions and subsidized grocery stores. Now that income has been slashed.
“If things are so bad now, I really cannot imagine how they will be in February or March” when some of the lowest oil prices “materialize in terms of cash flow,” said Francisco J. Monaldi, a professor of energy policy at the Harvard Kennedy School of Government.
Mr. Maduro spent 14 straight days in January traveling the globe in an effort to court investment and persuade other oil-producing nations to cut production and push the price back up.
“We have serious economic difficulties regarding the country’s revenue,” Mr. Maduro said to the legislature during his annual address, which had to be pushed back because of the trip. “But God will always be with us. God will provide. And we will get, and we have gotten, the resources to maintain the country’s rhythm.”
Aha, so there lies the difference between the Soviets and the Chavistas: at least the Soviets didn't believe that god will provide and rescue them from their terrible sins!  

Two boys who wanted to pose for me during that trip in 1988

2 comments:

Ramesh said...

Yes, Venezuela is the worst hit of them all; paying for all the profligacy of the oil boom years.

Chavez is a nuanced figure I think. Underneath the bluster, he was genuinely motivated by the concept of the ultimate welfare state. Unlike the Russians, he didn't indulge in kleptocracy of a gigantic scale. Its just that the ultimate welfare state is so deeply flawed as an economic concept, that he had to fail. History may judge him less harshly than , say, Putin.

By the way, have you visited Nigeria ?

Sriram Khé said...

Wow ... you--I mean YOU--are defending Chavez?
Wait, is that really Ramesh or somebody who hacked into his account? ;)

Of course, citing Putin in such discussions is like dragging the name of Hitler into discussions--very few can sink to that kind of lows that humanity has experienced. There is no disagreement on the Putins or Mugabes. But, history will be kinder to Chavez? Have they legalized pot in Bangalore, too, and have you been adding that to your saag paneer? ;)

Never been to any African country other than to Tanzania. No money :( If only Putin can send me some ... hehehe

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