Venezuela's Criminal Economy Under Chávez and Maduro
42 sec About Venezuela Crime & incidents
42 sec About Venezuela Crime & incidents
Venezuela shares a border with the world's biggest cocaine producer, Colombia.
Drugs flow from there through the country.
Gold and rare earth mines in Venezuela are illegally exploited by guerrillas and criminal bands.
But it was Hugo Chávez, the founding father of Venezuela's socialist revolution, who created the conditions for the hybrid state to flourish from its God-given assets.
Chávez allowed the military and the state to benefit from Venezuela's criminal economies.
Then Maduro expanded and institutionalized the system, installing and fermenting key figures in the system built around the drug trade, illegal mining, prison gangs, and state corruption.
End of transcript · 100 words
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