This thesis examines the last circa twenty years of Venezuelan politics and economics with a focus on populism. It seeks to understand the central cause of the current economic, social and...Show moreThis thesis examines the last circa twenty years of Venezuelan politics and economics with a focus on populism. It seeks to understand the central cause of the current economic, social and political crises. The paper poses the hypothesis that populism answers questions in this debate alternative explanations cannot. It argues that populism has been the underlying tool that legitimized and consolidated the government’s political and economic actions even in the light of overspending, mismanagements and anti-democratic adjustments. However, the paper acknowledges that there can be sound alternative explanations as well if one only considers central planning without incorporating populism. The thesis concludes that the current crisis is an ideology-made one.Show less
