Next week, on June 23, the Permanent Council of the Organization of American States (OAS) will meet to discuss Venezuela, a country in the throes of an economic, political and humanitarian crisis. It now appears that it’s only a matter of time before Venezuela—virtually institution-less, politically polarized, facing chronic food and medical shortages, and with its government and military wracked by corruption—implodes and becomes a failed state.
How did this happen? How did a country with abundant natural resources, a nominally democratic government and basic human rights, one that is a member of a multilateral system with numerous safeguards to protect democracy, fall so far?
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