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"Crude Nation: How Oil Riches Ruined Venezuela"

By Jason Fargo

Raúl Gallegos traces the roots of Venezuela's current collapse along the lines of its oil-laden history.

This article is adapted from AQ's special issue on the U.S.-Mexico relationship. To receive AQ at home, subscribe here.

The story of Venezuela is one of Latin America’s most tragic. Home to massive oil resources, and once considered the region’s wealthiest country, Venezuela is today a nation in self-inflicted collapse.

The ruling chavista...

Read this article on the Americas Quarterly website. | Subscribe to AQ.

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