Autopsy of a sick economy

in #english7 years ago

Greetings friends of the steemit world, I hope you are very well.

Today I want to share with you a brief forensic examination of the Venezuelan economy.

Venezuela, a land of natural, social and economic contrasts, has been a reference in the world for its variety of attractions, both for life, tourism and investment.

The old Venezuela of good coffee and high quality chocolate, recognized throughout the world, was forgotten when the internal migratory flows were transferred to the cities where oil exploration began.

Very quickly, the transnational corporations, in agreements with the governments in power, seized the oil resource and its derivatives, leaving very little of their profits to the country.

A change was the result of the nationalization of petroleum and mineral resources promoted by the president of the time, Carlos Andrés Pérez.

Venezuela had an oil company recognized worldwide for the quality of its products, with high standards and professional human resources, dedicated to innovate in the study of deposits and production of petrochemicals.

Venezuela, soon left behind its role as an agricultural country, to occupy its new stage as a producer of oil and derivatives. The farmer and the conuco changed their occupation and moved from the rural area to the cities, which grew without measure, generating a dynamic of life according to the new times.
There came a time when Venezuela had a prosperous economy, allowed its residents to travel, import and live comfortably according to the new oil dynamics, using a very colloquial phrase like "it's cheap, give me two ...", consumption and luxury . It was growing in a large part of the population, buying the new and the new was a habit.
Petroleum became the central base of the Venezuelan economy, companies were created with foreign or mixed capital to process oil and produce chemical derivatives that widely supplied the national and international market.

Once, a famous writer, the illustrious Arturo Uslar Pietri, coined a phrase that is still very current: "We have to sow the oil". Many have not understood or have ignored this important warning made by this educated person of the time, which can be applied to any resource used as a source of income since Venezuela is exploiting gold, diamonds and other minerals.

Currently, oil prices remain low and for the first time Venezuela is going through a great economic crisis that has become a shortage of food, medicines, mafias and a great exodus of their fellow citizens to other countries, in search of better opportunities. The lack of qualified professional staff is becoming more noticeable and young promises after graduating from high school, are very clear that their best option for higher education and work, for now is to migrate from Venezuela.

Economically, an inflationary spiral, drag any attempt of the current government to stabilize without results, the reflection of the crisis is appreciated in all directions and anywhere, to go out in the streets you can see long queues of people looking to buy and observe children, young people and the elderly who check the garbage in search of food, is a denigrating and frequent image that has become common for the community.

The current government, seeking to maintain minimum confidence, has made arrests for corruption of people related to political positions of trust as those who oppose their way of governing.

Socially and economically to maintain a certain appearance of tranquility in the citizens, the government has granted bonds of the mother country, by means of a card that the majority of the Venezuelans acquired when registering in a web platform.

Many events have happened in this corner of South America: protests, uprisings and military insurgency that the government has sought in one way or another to control.

The political center of the current government, apparently increasingly isolated and with rows reduced to its minimum expression, generate many rumors that are transmitted by the small options of digital communication, which can still be accessed without greater control by the sector that governs telecommunications, managed by people related to the president.

The bleeding veins of Venezuela continue to feed nationally and internationally members, friends, family and people who apparently support the current government and its administration. Despite cases of corruption and arrests, there are still many cases that will be announced over time.

Soon atypical presidential and legislative elections will be held that place Venezuela in the international perspective, where opposition groups demand real guarantees to participate.

The oil, mineral resources and all the wealth of Venezuela are under the administration of the current government, and the question is: what will be left for Venezuela and its citizens in the coming times?


Well, that is all for now. I await your comments and contributions.

source of photographs: https://pixabay.com
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