Things Are Never So Bad That They Can’t Get Worse: Inside the Collapse of Venezuela

Journalist Neuman debuts with a heartbreaking and deeply reported account of the ongoing crisis in Venezuela. Depicting the country’s downward spiral since 2014—driven by a collapse in oil prices, U.S. sanctions, and hyperinflation—from the perspectives of political leaders and ordinary citizens, Neuman notes that one in six Venezuelans has fled the country during the crisis, an exodus “second only to the flight from Syria, which was in the midst of a civil war.” He begins the narrative with a vivid description of the 2019 blackouts that left the entire country in the dark, pinning the blame on decades of neglect by President Hugo Chávez and his successor, Nicolás Maduro. Neuman then explains how Chávez, who came to power in 1999 and died in 2013, created a cult of personality by stoking political polarization and invoking the country’s revolutionary past while funneling oil revenues into a national “slush fund” for development projects and borrowing heavily from foreign banks. Neuman excels at humanizing the suffering of ordinary Venezuelans who lack access to basic food, medicine, or shelter, and incisively analyzes how the country’s fractured and ineffective opposition has allowed Maduro to retain control. Through lyrical prose, in-depth interviews, and lucid discussions of political and economic matters, Neuman makes the scale of Venezuela’s tragedy clear. Readers will be riveted and appalled. (Mar.)