Just read this article about the last 20 years of Venezuelan economics/politics 🇻🇪
Really quite saddening, but also very interesting. Relying on the oil boom for prosperity was a bad choice, and Chavez set up some economic measures which back-fired. Corporate lockouts and coup attempts clearly didn't help either.
But let's not get lost in the abstract: normal people in Venezuela don't have enough to eat right now.