287 | Jean-Paul Faguet on Institutions and the Legacy of History

5217.484 - 5241.118 Jean-Paul Faguet

It looked like it was going to overtake the U.S. The wheels start falling off the cart in 1978. And then in the 90s, things get worse. Hugo Chavez tries to mount a coup. He fails but becomes a big figure and then he actually gets elected president. And at that point, Venezuela goes into really steep decline because these crazy, what he calls 21st century socialism policies, it just like got.