Things Are Never So Bad That They Can't Get Worse
Inside the Collapse of Venezuela
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- 12,99 €
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- 12,99 €
Publisher Description
Named Foreign Affairs Best Books of 2022 and the National Endowment for Democracy Notable Books of 2022
"Richly reported...a thorough and important history." -Tim Padgett, The New York Times
A nuanced and deeply-reported account of the collapse of Venezuela, and what it could mean for the rest of the world.
Today, Venezuela is a country of perpetual crisis—a country of rolling blackouts, nearly worthless currency, uncertain supply of water and food, and extreme poverty. In the same land where oil—the largest reserve in the world—sits so close to the surface that it bubbles from the ground, where gold and other mineral resources are abundant, and where the government spends billions of dollars on public works projects that go abandoned, the supermarket shelves are bare and the hospitals have no medicine. Twenty percent of the population has fled, creating the largest refugee exodus in the world, rivaling only war-torn Syria’s crisis. Venezuela’s collapse affects all of Latin America, as well as the United States and the international community.
Republicans like to point to Venezuela as the perfect example of the emptiness of socialism, but it is a better model for something else: the destructive potential of charismatic populist leadership. The ascent of Hugo Chávez was a precursor to the emergence of strongmen that can now be seen all over the world, and the success of the corrupt economy he presided over only lasted while oil sold for more than $100 a barrel. Chávez’s regime and policies, which have been reinforced under Nicolás Maduro, squandered abundant resources and ultimately bankrupted the country.
Things Are Never So Bad That They Can’t Get Worse is a fluid combination of journalism, memoir, and history that chronicles Venezuela’s tragic journey from petro-riches to poverty. Author William Neuman witnessed it all firsthand while living in Caracas and serving as the New York Times Andes Region Bureau Chief. His book paints a clear-eyed, riveting, and highly personal portrait of the crisis unfolding in real time, with all of its tropical surrealism, extremes of wealth and suffering, and gripping drama. It is also a heartfelt reflection of the country’s great beauty and vibrancy—and the energy, passion, and humor of its people, even under the most challenging circumstances.
PUBLISHERS WEEKLY
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.
