Venezuela’s collapse is a window into how the Oil Age will unravel
For some, the crisis in Venezuela is all about the endemic corruption of Nicolás Maduro, continuing the broken legacy of Chavez’s ideological experiment in socialism under the mounting insidious influence of Putin. For others, it’s all about the ongoing counter-democratic meddling of the United States, which has for years wanted to bring Venezuela — with its huge oil reserves — back into the orbit of American power, and is now interfering again to undermine a democratically elected leader in Latin America. Neither side truly understands the real driving force behind the collapse of Venezuela: we have moved into the twilight of the Age of Oil.






