1.

Record Nr.

UNINA9910799209203321

Autore

Rossi Carlos A. <1960->

Titolo

The Rise and Fall of the Oil Nation Venezuela / / by Carlos A. Rossi

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2023

ISBN

9783031346606

3031346602

Edizione

[1st ed. 2023.]

Descrizione fisica

1 online resource (574 pages)

Disciplina

987

Soggetti

Energy policy

Power resources

World politics

Environmental sciences - Social aspects

Welfare economics

Energy Policy, Economics and Management

Natural Resource and Energy Economics

Latin American History

Political History

Environmental Social Sciences

Social Economy

Latin America History

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Above the Land-1: From Classist Colony to Caudillo Anarchy 1800-1821 -- Above the Land-2: The Era of Civil War 1821-1900 -- Below the Land: The Formation of Oil -- Above the Land-3: The Iron Fist Order of the Mountaineers 1900-1935 -- How the Andinos & Foreign Companies Managed Venezuela’s Oil -- The Conflicting Poles in the Military -- The New National Ideal.

Sommario/riassunto

This book explains why Venezuela is so rich in natural resources—it has been producing oil since 1922 and harbors the largest oil reserves in the world—and yet it is also a failed nation of class-divided citizens exhibiting deep poverty in a corrupt, incompetent state. Venezuela is a



bipolar nation, where two marked poles in the society exist which have historical origins and are mutually exclusive. The book provides a critical analysis of Venezuela's history, economy and politics and explains the context and implications of the bipolar poles, known as the elite pole and the resentful pole. Both, it shows, have done serious harm to Venezuela’s prosperity. The author describes the vicious circle of oil wealth, corruption, inefficiency and world market dependency and gives recommendations for a better future.