Daily Archives: May 16, 2017

Country Research | Venezuela’s Shocking, Impending Collapse

 

A chronicle of the sad dissolution of a formerly democratic country: Venezuela. Previously, the stuff of former Soviet states, a Latin American economic powerhouse has been bankrupted in every sense of the word.

How does this cut against a common conclusion of political science research, namely that democracies rarely collapse into authoritarianism? Thank chavismo, mismanagement, institutional destruction, bad policy, and corruption, according to Moises Naim and Francisco Toro.

And in the NYT’s Interpreter, Max Fischer offers this:

Distrust of institutions often leads populists, who see themselves as the people’s true champion, to consolidate power. But institutions sometimes resist, leading to tit-for-tat conflicts that can weaken both sides.

“Even before the economic crisis, you have two things that political scientists all agree are the least sustainable bases for power, personalism and petroleum,” Mr. Levitsky said, referring to the style of government that consolidates power under a single leader. …

Because populism describes a world divided between the righteous people and the corrupt elite, each round of confrontation, by drawing hard lines between legitimate and illegitimate points of view, can polarize society.

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