by Alice Greene,
8/3/16
Venezuela
is currently ranked as the world’s worst economy – and it’s getting worse.
Analysts predict the nation’s struggling economy will shrink by another 10%
this year. Inflation is expected to rise over 700%.
Venezuela’s current plight is the result of several
factors:
•
Socialist leadership under former president Hugo Chávez
•
Decrease in agricultural investment
•
Increase in importing food
•
Dependence on a single export (oil)
•
Severe drop in oil prices
•
Continuing socialist leadership under current president Nicolas Maduro
Today,
Venezuelans wait for hours just to enter grocery stores that lack basic items
like toilet paper and milk. Many have resorted to stealing from delivery trucks
or looking through dumpsters just to feed their families.
Meanwhile,
President Maduro claims he is a “victim of an economic war that seeks to
destabilize the country and topple his government.” Maduro’s newest effort
to combat food shortages comes in the form of a decree requiring both public
and private citizens to work on farms. The decree “effectively amounts to
forced labor,” reports Amnesty International.
“Trying
to tackle Venezuela’s severe food shortages by forcing people to work the fields
is like trying to fix a broken leg with a band aid,” says Amnesty
International’s Erika Guevara Rosas.
According
to Venezuelan law, however, a presidential decree cannot be overturned by the
National Assembly (Congress). The decree, issued on July 22nd, assures
workers that they will continue to receive a normal salary and will not be
fired from their "real jobs" while they are working the country’s
neglected farms.
Maduro’s
actions are uncomfortably similar to a strategy used by communist Cuba in the
1960s when it tried to improve sugar production after the US embargo on the
island’s goods. The Cuban government forced citizens to work on sugar farms in
a desperate move to cultivate the nation’s key commodity.
Many
believe that Maduro’s decree was influenced by Vladmimir Padrino, a
Defense Minister recently promoted to lead a team responsible for controlling
Venezuela’s food supply and distribution.
“The
power handed to Padrino in this program is extraordinary, in our view, and may
signal that President Maduro is trying to increase support from the military
amid a deepening social and economic crisis,” writes Bank of America economist
Sebastian Rondeau.
http://punchingbagpost.com/venezuelan-president-decrees-forced-labor
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