Post #1320

These changes in the economic policy of the Revolution were interpreted as a capitulation by the most radical sectors of Chavismo. This was the definitive break of the PSUV with the Communist Party of Venezuela (PCV), and it also led to the emergence of dissident groups accusing Maduro of having betrayed Chávez's legacy. The mending of ties between the government and the business class began accidentally in 2018, shortly after the assassination attempt against Maduro. But it was disrupted by the political and military events of 2019 (Guaidó’s self-proclamation, the attempted "humanitarian" invasion through Colombia, the induced blackouts, the April 30 failed coup d'état) and by the 2020 health emergency. By the end of 2021, there was talk of a budding economic recovery. In 2022 this gained momentum to the point that the phrase "Venezuela is fixed" began to circulate. New businesses that sprung up, companies that restarted operations and a general climate of rising consumption were very important in this perception. By the end of 2022, this favorable picture abated by new inflationary spikes and the government’s struggles to raise public sector wages. But numerous signs point to the emergence of a new business caste close to the ruling Socialist Party and a rearrangement of the traditional groups, which has already been reflected in the political stand taken by the recently elected president of Fedecámaras. https://venezuelanalysis.com/unusual-and-extraordinary/15832