Wednesday, November 19, 2014

Enabling Law in Venezuela

Nicolás Maduro announced all the laws he has passed through the Enabling Law that gives the executive decree power. It was about to expire. They cover a wide range of issues that he says will help the country combat the "bourgeoisie's economic war." It is a "new era in the revolution."

The enabling law was passed last year, and according to Maduro its main intent was to fight corruption. I would expect the current batch of laws aimed at the economy will be about as successful as the anti-corruption efforts.

The government defends the laws, arguing accurately that they were used by other governments in the past. This logic seems a little strange, since they also claim those governments were corrupt and inept.


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