There is a dramatic and worrying informational blackout in Venezuela. The regime censored all traditional media outlets. Social media has become more deception than information. And as if these problems were not enough, most Venezuelans don't even have internet access.
Since 2013, the Venezuelan economy has been in free fall. In just seven years, the country’s gross domestic product has lost nearly 70 percent of its value. This economic collapse represents the largest in the modern history of the western hemisphere.
In developed nations people tend to discuss the political economy of their countries in the following way. When they think about capitalism, they associate it with economic freedom, and therefore, with higher opportunities to climb the socio-economic ladder.