Is Venezuela on the Verge of a Social Explosion?

Marxist analyst Jorge Martin examines the causes, responses and solution to Venezuela’s current economic crisis.

Demonstrators push police's shields as they protest Venezuela's President Nicolas Maduro near the attorney generals office in Caracas, Venezuela, July 18, 2018. The previous night, former presidential candidate and opposition leader Henrique Capriles called on the country's political forces to reorganize in order to cope with the South American country's hyperinflation, and lack of food and medicine. Fernando Llano | AP

The aggravation of the economic crisis is making life unbearable for working people in Venezuela. The destruction of the purchasing power of wages has been combined with the collapse of all basic infrastructure (water, electricity and public transport). Workers in different sectors have started to organize and protest, demanding higher wages; while

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