Study Documents Failures of Economic Policies of Chávez’s So-Called 21st Century Socialism
From 2007 to 2010, Venezuela has spent more than $23 billion on expropriations, acquisitions, and the creation of companies that follow the socialist production model. Is it working? You decide. What’s Next Venezuela brings you an exclusive interview with Venezuelan Economist Richard K. Obuchi, project coordinator and co-author of the study, Management in the Red: An Evaluation of the Performance of 16 State Companies and General Results of the Socialist Production Model. To reach their…