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Guillermo Ortega (ALnavío).-Since the end of 2018, the government of Nicolás Maduro has begun to transform its economic policy: removing controls and allowing some flexibility in determining the exchange rate, introducing a currency restriction program, abandoning price control and oil affairs, he gave partners a lot of freedom to decide the direction of the business, loosening the shackles that had been in place since the days of Rafael Ramírez, the former president of Petroleos de Venezuela. Some saw this as a transition to Chinese socialism, where the government maintains strict political control while letting the market take care of economic affairs. Those were the days of anonymous optimists.
Of course, after a little over 18 months of change, with the return of price controls, many thought the experiment was over, and now activists have regained control and we are back to square one.
Although it seems incredible, this film about progress and setbacks in the transition process usually repeats itself in a somewhat monotonous way. This is even more common in the framework of socialist experiments, where dogma is not only an obstacle but sometimes acts as a wildcard. What is this return to control for? Is this the end of the neoliberal experiment of the Maduro government? Is this a strategic adjustment or a purely political move?
Actually, things are a bit more complicated
For those who do not understand the context of the communist world, these processes of abandoning the old dogmas of Marxist economics are highly contradictory and often a long history of advances and setbacks. It happened in the Soviet Union, it happened in China Deng Xiaoping in Cuba under Raúl Castro This is happening now in Venezuela under Maduro.
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