I have so many Venezuelan friends here in Miami and it makes me sad that their country is in such a rough state. I hope that someday everything will improve and that Venezuela will strive again.
Maria Gonzalez me too I have so many beautiful women as side Junes from south America especially from Venezuela like your mother she's like a hero you never need a nother...hutchymama for ever 💯👍
I just found this channel through your Mexico video and I'm going back to watch everything from the beginning. Fantastic content, you're fulfilling a niche which is SEVERELY neglected in English Speaking History RUclips. Thank you Professor.
2 года назад+7
Thank you for the kind words. I did this for my classes, but it's really nice to know that people are finding it and thinking it useful.
So if inflation already existed in Venezuela prior to the sanctions, then why on Earth, did the USA impose MORE SANCTIONS??? To make the problem worse??? To toy with Maduro? This whole idea of sanctioning nations just to get back at political rivals is silly because at the end of the day, the people of Venezuela will get hurt. I agree that the issue in Venezuela was not socialism but authoritarianism, but why on God’s holy earth would the United States exasperate an issue that was already so bad? It’s so inhumane.
Год назад+2
I don't know exactly the reasoning because I wasn't at those meetings. But as I see it, it's mostly that the US can do very little to change any country's behavior (unless they invaded and occupied or something) and sanctions are the cheapest and most targeted options. Trump, I think, expanded them for the same reasons. They were his least costly options to DO something. And he cared even less than Obama did about potential unintended consequences. But obviously they were failures in both cases. Maduro's regime is, if anything, more entrenched than they were under Obama.
Why does the US need to meddle at all in the Venezuelan government in the first place though? It shouldn't be our job to police the world and deem what systems are right and which are wrong, then impose crippling sanctions/invasions on countries who fail to tow the status quo. Not to mention the amount of meddling and coups that have been executed by both politicians and CIA spooks alike. John Bolton has literally admitted that the US was trying to put Bolsinaro in power with a planned coup. To me, this is way too far of a stretch of our authority and could be part of the reason Maduro entrenched himself into authoritarianism. If you get backed into a corner by the most powerful government in the world, what would you do?
I was searching for documentary on Venezuelan history but all I kept seeing was biased trash from VOX or AJ+ about how America caused everything or how socialism helped the country. Your video is by far the most objective and nuanced and factual one I have seen on Venezuelan history. Thank you!
A very good, comprehensive history of Venezuela during the 20th century, its politics and its economic and industrial development, and expansion and modernization of the armed forces - and two military dictatorships.
as a grad student taking business, it stuck with me reading that Venezuela was once in fact a wealthy wealthy country, if the most wealthy, that was what some called the Gem of the Southern Americas, like Viet Nam was even itself referred to the Pearl of the Orient. I can wonder now how there seems to be an unsettling feeling in my gut that Venezuela and US relations are among the most covered up. Oil was its golden goose of its local resources but short lived, probably frittered away by the regimes that held the most wealth and power to be caught up with years later. Immigration from Venezuela to U.S. numbers at the time would have been of extreme low scores as I don't come across or even can vividly recall meeting someone from the country. That can tell me that the country takes care of its people (if that's what they're telling us) but I've also seen documentaries of the corruption causing high cases of very illegal activities- prostitution, child and drug trafficking, just as bad as the other desperately disheveled nations where parts sound they're as bad as Bolivia. I can't help but imagine the numerous secret ops missions the U.S. being involved in being more than anyone can imagine, and when the Viet Nam conflict had concluded some half a decade ago.
Actually 3 important lessons. 1. Never EVER nationalize your oil. 2. Or if you are going to nationalize your oil. Make sure you have a strong diversified economy first. 3.a coup very rarely results in a more democratic process. If someone is willing to take power by force. Chances are they will not be willing to give it up without it.
M. John Bolton, Univision TV 2019: “ we have stranglulated economically Venezuela “. M. William Brownfield, 2018, ex usa ambassador in Venezuela: “ sanctions in Venezuela are a tragedy. We must keep on these sanctions knowing that civilians will not have access to food nor medicaments”
Dude, you must include the Essequibo land. In fact, that territory is Venezuelan despite being a disputed land. Guyana pretends to steal it, but they won't!!
It's disputed territory, i know it's a issue near and dear their hearts for both Venezuelans and Guyanans, but regardless of who has the better claim we should avoid saying one or the other owns it, jingoism is stupid and i don't have a horse on this dispute as I'm Brazillian, but i think you two should solve this peacefully.
It is neither disputed nor stolen as it is under the effective control of Guyana so he cannot include the Essequibo as part of Venezuela when every other country besides Venezuela does not recognize it as such.
Essequibo is in Guyana,s possession Venezuela is making the claims almost half of Guyana's population lives there if they Include it as Venezuela that's implying that the ppl there are Venezuelans when all is Guyanese. Venezuelans cant cross the borders without a passport. Those Venezuelan that still believe essequibo is Venezuela is living in a dream world. The claims was fabricated by the government due essequibo's riches, it's just simple as that
I used many to put this together, but if you'd like one for the Chavez era, I'd recommend Javier Corrales' book. www.amazon.com/Dragon-Tropics-Venezuela-America-Initiative/dp/0815725930/ref=sr_1_1?dchild=1&keywords=javier+corrales&qid=1619904783&sr=8-1
i really enjoyed this video and i feel much more educated about Venezuelan history. but at the end you said that the collapse was caused by authoritarianism and from what you said it was a key part of it but i think that The authoritarianism simply sped up the collapse. I think that because of the high government spending that socialism requires mixed with the fluctuating oil prices that were the country’s only revenue would have resulted in a similar economic status as seen today even without the authoritarian aspect. but i could be wrong and i really did enjoy the video so thank you for your work
Do you have a list of your sources? I'm doing a research project based on the caravans with a focus on Venezuela and would love to use some of the information for context/history.
11 месяцев назад+2
yes, here it is. this is what it's based on: Myers, David. 2017. "Venezuela: Political Decay Amid The Struggle for Regime Legitimacy." In Harvey Kline, Christine Wade and Howard Wiarda Ed. Latin American Politics and Develompent. 9th edition.
never change the constitution to have more terms. ppl always turn on you after that. i guess he had no reason to know better, and it is life and death at the time.
Overall a nice video, but I will add a few considerations for anyone who is watching: a. You need to include the Guayana Esequiba territory when drawing Venezuela, as it is still a disputed territory by international laws and Venezuela still holds a legal claim, you can highlight it but should not delete it; b. The first oilfield of importance was discovered on 1914 (not 1918) in the Maracaibo Basin (not in the city of Maracaibo but in the other extreme of the lake); c. When we talk about "improving the life of the poor" we need to be specific: offering short term bonuses (e.g., a.temporary access to free low quality food or medicines or b.keys to houses/cars/industries without ownership rights in place) while reducing the access to overall quality services/products (by destroying private property & promoting corruption in public sector) does not equal actual improvement in people's lives. There was no mid-long term benefit for the poor population in Venezuela under the Chavez/Maduro regime, people progressively adapted to a mediocre way of life in which every day things were inevitably worse; e. The inflation has never receded from its peak, it's worse every day.; f. Finally, even though there were many factors contributing to the events of the last 30 years, socialist ideas did play a major role in Venezuela, by being used by populists to sow resentment and division among the population, polarizing and radicalizing sectors, creating a division in society while the "good and human" criminals in the power corrupted all the institutions. It is absurd to say that the socialism did not play a major role in destroying the Venezuela we knew, when the ebullience of negative resentment took over empathy and led to a general feeling of apathy/inertia when witnessing rising injustice and loss of democratic values. The expropriation of so many private enterprises while having each time a bigger, more powerful corrupted government was our doom, and the destruction of our cultural values was the root to the later destruction of the economy
Yes its clear that the author of this video has a strong left leaning bias. Socialism seems to produce damaging corruption in south america. Venezuela is a stark example
@@UV_Lightning I think a revolt would be likely and given the us’s current foreign policy, it’s likely the U.S. would at least help fund the people. We shall see what will happen.
The video says “Trump’s sanctions have been far more damaging to the Venezuelan economy. And have no doubt hurt Venezuelans and done little to weaken the Maduro regime.”
Sure. Right. Of course it does. Because human ingenuity just goes out the window when you switch from greedy companies running things to greedy governments. Okay.
I love how you say “sounds like a bad idea” but literally from the 50s to 70s capitalism helped grow the country 😂🇺🇸⚡️👌🏽🎯🏆🤌🏽 this is why america is #1
Год назад
You misunderstood. The “sounds like a bad idea” did not refer to capitalism or not, but to the punto fijo pact which made it so that voters could not choose who they wanted to run the country because regardless of who they chose, the other two parties had to be given access to power. In the long run this made people very distrustful of elections and political parties which is what opened the door to Hugo Chávez.
America is number one yet we have a growing problem of food insecurity that the government does not report, a stark decline in literacy, and the anihiliation of the middle class. America is number 1 FOCK NO!
I have so many Venezuelan friends here in Miami and it makes me sad that their country is in such a rough state. I hope that someday everything will improve and that Venezuela will strive again.
Maria Gonzalez me too I have so many beautiful women as side Junes from south America especially from Venezuela like your mother she's like a hero you never need a nother...hutchymama for ever 💯👍
I do too. It's really similar to haiti my home
I just found this channel through your Mexico video and I'm going back to watch everything from the beginning. Fantastic content, you're fulfilling a niche which is SEVERELY neglected in English Speaking History RUclips. Thank you Professor.
Thank you for the kind words. I did this for my classes, but it's really nice to know that people are finding it and thinking it useful.
So if inflation already existed in Venezuela prior to the sanctions, then why on Earth, did the USA impose MORE SANCTIONS??? To make the problem worse??? To toy with Maduro? This whole idea of sanctioning nations just to get back at political rivals is silly because at the end of the day, the people of Venezuela will get hurt. I agree that the issue in Venezuela was not socialism but authoritarianism, but why on God’s holy earth would the United States exasperate an issue that was already so bad? It’s so inhumane.
I don't know exactly the reasoning because I wasn't at those meetings. But as I see it, it's mostly that the US can do very little to change any country's behavior (unless they invaded and occupied or something) and sanctions are the cheapest and most targeted options. Trump, I think, expanded them for the same reasons. They were his least costly options to DO something. And he cared even less than Obama did about potential unintended consequences. But obviously they were failures in both cases. Maduro's regime is, if anything, more entrenched than they were under Obama.
Why does the US need to meddle at all in the Venezuelan government in the first place though? It shouldn't be our job to police the world and deem what systems are right and which are wrong, then impose crippling sanctions/invasions on countries who fail to tow the status quo. Not to mention the amount of meddling and coups that have been executed by both politicians and CIA spooks alike. John Bolton has literally admitted that the US was trying to put Bolsinaro in power with a planned coup. To me, this is way too far of a stretch of our authority and could be part of the reason Maduro entrenched himself into authoritarianism. If you get backed into a corner by the most powerful government in the world, what would you do?
I was searching for documentary on Venezuelan history but all I kept seeing was biased trash from VOX or AJ+ about how America caused everything or how socialism helped the country. Your video is by far the most objective and nuanced and factual one I have seen on Venezuelan history. Thank you!
that's very much appreciated Orbo. Thank you.
Hoping Venezuela bounces back ❤
I hope so too. Right now the future looks bleak.
Tengo un compañero de trabajo de Venezuela ✨ quería aprender más y encontré tu canal. Muchas gracias por todo el trabajo que haces
A very good, comprehensive history of Venezuela during the 20th century, its politics and its economic and industrial development, and expansion and modernization of the armed forces - and two military dictatorships.
very wonderfully done. bless you!
as a grad student taking business, it stuck with me reading that Venezuela was once in fact a wealthy wealthy country, if the most wealthy, that was what some called the Gem of the Southern Americas, like Viet Nam was even itself referred to the Pearl of the Orient. I can wonder now how there seems to be an unsettling feeling in my gut that Venezuela and US relations are among the most covered up. Oil was its golden goose of its local resources but short lived, probably frittered away by the regimes that held the most wealth and power to be caught up with years later. Immigration from Venezuela to U.S. numbers at the time would have been of extreme low scores as I don't come across or even can vividly recall meeting someone from the country. That can tell me that the country takes care of its people (if that's what they're telling us) but I've also seen documentaries of the corruption causing high cases of very illegal activities- prostitution, child and drug trafficking, just as bad as the other desperately disheveled nations where parts sound they're as bad as Bolivia. I can't help but imagine the numerous secret ops missions the U.S. being involved in being more than anyone can imagine, and when the Viet Nam conflict had concluded some half a decade ago.
A ese mapa de Venezuela le falta el Territorio Esequibo, porque el Esequibo es de Venezuela, y la soberanía no se discute.
one lesson:
don't depend on Oil revenue too much LOL
That is one lesson, yes
Actually 3 important lessons.
1. Never EVER nationalize your oil.
2. Or if you are going to nationalize your oil. Make sure you have a strong diversified economy first.
3.a coup very rarely results in a more democratic process. If someone is willing to take power by force. Chances are they will not be willing to give it up without it.
*nice try; but i saw "jack ryan". theyre trying to nuke us.* gr8 vid.
M. John Bolton, Univision TV 2019: “ we have stranglulated economically Venezuela “.
M. William Brownfield, 2018, ex usa ambassador in Venezuela: “ sanctions in Venezuela are a tragedy. We must keep on these sanctions knowing that civilians will not have access to food nor medicaments”
Fantastic video
You failed to mention that Haitians helped the bolivarian revolution of independence
Dude, you must include the Essequibo land. In fact, that territory is Venezuelan despite being a disputed land. Guyana pretends to steal it, but they won't!!
It's disputed territory, i know it's a issue near and dear their hearts for both Venezuelans and Guyanans, but regardless of who has the better claim we should avoid saying one or the other owns it, jingoism is stupid and i don't have a horse on this dispute as I'm Brazillian, but i think you two should solve this peacefully.
He shouldn't say it's Venezuelan land, but he shouldn't say it is Guyana either, it's a zone in dispute.
It is neither disputed nor stolen as it is under the effective control of Guyana so he cannot include the Essequibo as part of Venezuela when every other country besides Venezuela does not recognize it as such.
Tal cual mi pana.
Essequibo is in Guyana,s possession Venezuela is making the claims almost half of Guyana's population lives there if they Include it as Venezuela that's implying that the ppl there are Venezuelans when all is Guyanese. Venezuelans cant cross the borders without a passport. Those Venezuelan that still believe essequibo is Venezuela is living in a dream world. The claims was fabricated by the government due essequibo's riches, it's just simple as that
Thank you
Sources?
I used many to put this together, but if you'd like one for the Chavez era, I'd recommend Javier Corrales' book.
www.amazon.com/Dragon-Tropics-Venezuela-America-Initiative/dp/0815725930/ref=sr_1_1?dchild=1&keywords=javier+corrales&qid=1619904783&sr=8-1
i really enjoyed this video and i feel much more educated about Venezuelan history. but at the end you said that the collapse was caused by authoritarianism and from what you said it was a key part of it but i think that The authoritarianism simply sped up the collapse. I think that because of the high government spending that socialism requires mixed with the fluctuating oil prices that were the country’s only revenue would have resulted in a similar economic status as seen today even without the authoritarian aspect.
but i could be wrong and i really did enjoy the video so thank you for your work
Thank you, great work.
Thank you for this
It's not remotely socialism fault, just government overspending and socialism.
Dependency on oil is what killed them.
I think that's a fair read of the situation.
Nope, that’s pathetically ignorant. Venezuela wouldn’t have that situation without the enormous spending that the socialist agenda required.
Do you have a list of your sources? I'm doing a research project based on the caravans with a focus on Venezuela and would love to use some of the information for context/history.
yes, here it is.
this is what it's based on:
Myers, David. 2017. "Venezuela: Political Decay Amid The Struggle for Regime Legitimacy." In Harvey Kline, Christine Wade and Howard Wiarda Ed. Latin American Politics and Develompent. 9th edition.
this vid is great
never change the constitution to have more terms. ppl always turn on you after that. i guess he had no reason to know better, and it is life and death at the time.
Very good
Hi mi friend. Where are you from. I’m praying for venezuela
20:00 im sure starvation sanctions arent helping tho, nestcepas?
Printing money isn’t capitalism
You’re joking right
Overall a nice video, but I will add a few considerations for anyone who is watching: a. You need to include the Guayana Esequiba territory when drawing Venezuela, as it is still a disputed territory by international laws and Venezuela still holds a legal claim, you can highlight it but should not delete it; b. The first oilfield of importance was discovered on 1914 (not 1918) in the Maracaibo Basin (not in the city of Maracaibo but in the other extreme of the lake); c. When we talk about "improving the life of the poor" we need to be specific: offering short term bonuses (e.g., a.temporary access to free low quality food or medicines or b.keys to houses/cars/industries without ownership rights in place) while reducing the access to overall quality services/products (by destroying private property & promoting corruption in public sector) does not equal actual improvement in people's lives. There was no mid-long term benefit for the poor population in Venezuela under the Chavez/Maduro regime, people progressively adapted to a mediocre way of life in which every day things were inevitably worse; e. The inflation has never receded from its peak, it's worse every day.; f. Finally, even though there were many factors contributing to the events of the last 30 years, socialist ideas did play a major role in Venezuela, by being used by populists to sow resentment and division among the population, polarizing and radicalizing sectors, creating a division in society while the "good and human" criminals in the power corrupted all the institutions. It is absurd to say that the socialism did not play a major role in destroying the Venezuela we knew, when the ebullience of negative resentment took over empathy and led to a general feeling of apathy/inertia when witnessing rising injustice and loss of democratic values. The expropriation of so many private enterprises while having each time a bigger, more powerful corrupted government was our doom, and the destruction of our cultural values was the root to the later destruction of the economy
Yes its clear that the author of this video has a strong left leaning bias. Socialism seems to produce damaging corruption in south america. Venezuela is a stark example
You dont even know who did?
Anyone else watching this in 2024 after Maduro was ousted?
Was he tho? I don’t think he’s going anywhere until the people force him…
@@UV_Lightning I think a revolt would be likely and given the us’s current foreign policy, it’s likely the U.S. would at least help fund the people. We shall see what will happen.
Can we just come out and say socialism is bad tho?
Trump's sanctions didn't harm Venezuela 😂😂😂😂
The video says “Trump’s sanctions have been far more damaging to the Venezuelan economy. And have no doubt hurt Venezuelans and done little to weaken the Maduro regime.”
Communism stifles ingenuity. And yes nationalized oil was an example of that. Communism began before Chavez
Trust him he knows 😂😂😂😂
Sure. Right. Of course it does. Because human ingenuity just goes out the window when you switch from greedy companies running things to greedy governments. Okay.
Yeah so communism
🤡🤡🤡🤡🤡
I love how you say “sounds like a bad idea” but literally from the 50s to 70s capitalism helped grow the country 😂🇺🇸⚡️👌🏽🎯🏆🤌🏽 this is why america is #1
You misunderstood. The “sounds like a bad idea” did not refer to capitalism or not, but to the punto fijo pact which made it so that voters could not choose who they wanted to run the country because regardless of who they chose, the other two parties had to be given access to power. In the long run this made people very distrustful of elections and political parties which is what opened the door to Hugo Chávez.
America is number one yet we have a growing problem of food insecurity that the government does not report, a stark decline in literacy, and the anihiliation of the middle class. America is number 1 FOCK NO!