Home
/
RELIGION & LIBERTY ONLINE
/
In the wake of socialism, Venezuela’s black-market capitalists meet community needs
In the wake of socialism, Venezuela’s black-market capitalists meet community needs
Jan 21, 2026 5:12 AM

The Venezuelan people continue to struggle and sufferunder the weight of severe socialist policies—facing increased poverty and hunger, swelling suicide rates, and widespread social unrest.

Yet even as its president admits to anationwide economic emergency, the government continues to celebrate the very drivers behind the collapse,blaminglow oil prices and “global capitalism,” instead.

Meanwhile, amid the turmoil and desperation, Venezuela’s localcapitalism is beginning to emerge as a solution to the woes of socialism. According to Patricia Laya at Bloomberg, the country is seeing a renewed movement of ground-up creativity and experimentation geared toward rebuilding after the destruction of top-down control and mismanagement.

“Hyperinflation and scarcity have the Bolivarian revolution’s socialist heart pulsing with entrepreneurship,” writes Laya. “Desperate citizens are eking out a living with ventures such as digging home water wells, bartering bananas for haircuts and muters in animal-cargo trucks. Theeconomy’s erosion has created markets and market players where none existed.”

Laya highlights several of the country’s burgeoning black-market entrepreneurs, many of whom repair or restore broken or used goods and resell them for a profit. Although the government hoped to snuff out independent industry, the effect is quite opposite. As economist Omar Zambrano explains in the article, “This Draconian effort to expand the state’s influence over any and every circle of life and business has created a black market for everything it touches.”

For Yessica Vaamonde and her husband, Jose Ramirez, an opportunity was found in repairing damaged light bulbs. Vaamonde now spends her days walking through the slums of Caracas collecting bulbs and bringing them back to her husband, who repairs up to 50 per day and turns them for a profit. “I had to improvise in this crisis,” says Ramirez. “Many people today have to pick food over buying things like lightbulbs. I do things well, and I help them afford a good product that will last.”

For Yhoan Guerrero, the economic collapse meant leaving his job as a paramedic to repair tires, which paid much better. But more than the money, much like Vaamonde and Ramirez, Guerrero is finding new meaning and purpose in developing a new solution to munity problem. He’s meeting real human needs with his own initiative, creativity, and capacity:

Noticing the rising price of car tires, the father of one learned to sew, patch, fill and shape busted tires and now makes almost four times as much. He calls the process plete tire surgery.”

“We save people around here,” said Guerrero, his hands darkened with grease and rubber, while using his weight to pry a tire from its rim. “With the country being how it is, no one can afford a new tire. I’ve built a loyal clientele in the past seven months. They want no one else touching their tires.”

…Often people e in begging for a cheap fix, he said. In those cases, he’ll fill their tires with plastic foam and melt it with gasoline; other times he’ll use sawdust and liquid soap. “It gets them moving again.”

Far from being crushed by the decades-long abuses of an oppressive socialist regime, Venezuela’s emerging entrepreneurs are demonstrating the real solution to economic scarcity and social desperation: human ingenuity creativity freely expressed in the service of others.

In doing so, these entrepreneurs remind us, yet again, of the inherent, God-given dignity and creative capacity of the human person. These are features that exist and endure, not fading or deteriorating according to the economic, social, and political dysfunction that surrounds us.

No matter how much our governments and economic institutions may fail, those basic human attributes and gifts remain, and the human calling to create and serve will eventually reawaken and renew.

“Most Venezuelans didn’t have to struggle to make it because they lived off of oil for a very long time,” says historian Tomas Straka, a professor at Andres Bello Catholic University in Caracas. “We’re seeing a new phenomenon under the worst of circumstances.”

Read the full article here.

Image: Venezuela man selling razors, 12019(CC0)

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
America’s Destiny Must Be Freedom
mentary this week is a simple message about the importance of returning to our founding principles and embracing the liberty granted to all of us as Americans. Independence Day should always serve as a significant reminder of the freedom narrative of this country that has provided so many people with opportunities to flourish and live out their dreams: America’s Destiny Must Be Freedom Ralph Waldo Emerson described America as “the land that has never e, but is always in the...
Evangelicals and Global Warming
This week’s Acton Commentary. Benjamin B. Phillips is Assistant Professor of Systematic Theology at Southwestern Baptist Theological Seminary, Houston Campus. This commentary was based on an article in the Journal of Markets & Morality (Vol. 12, No. 2). +++++++++ Evangelicals and Global Warming By Benjamin Phillips Since 2005, evangelicals have divided into two roughly opposing camps over the question of anthropogenic global warming. Official statements of the Southern Baptist Convention through its resolution process, its Ethics and Religious Liberty Commission,...
Geneva, the WCRC, and the Ecumenical-Industrial Complex
A delegate at last week’s Uniting General Council of the World Communion of Reformed Churches held at Calvin College urged the newly formed group to consider moving its headquarters out of the Ecumenical Centre in Geneva. Citing the costs associated with travel to and from the Swiss city, as well as those incurred during visits to the headquarters, Rev. Wesley Granberg-Michaelson, general secretary of the Reformed Church in America, asked the WCRC to move its offices to the global south....
Culture and Economic Decline
At MercatorNet, Sheila Liaugminas looks at the bank regulation push — enshrined in another 2,000 page document that few of the legislators behind this effort will actually read. In “Social Order on the Surface” she recalls an Acton conference where she heard this from Rev. Robert A. Sirico: Politicians are not our leaders in a rightly ordered society, they are our followers … Not all views of culture are equal. but we can’t engage socially on our disagreements because everything...
AU: Rousseau, Love, and Perpetual Adolescents
Since reading Rousseau raises a questions on almost innumerable topics, you can imagine that the Q&A after a lecture I gave on Rousseau was broad and varied. Among other things, love, family, and problems with relationships and maturity within modern liberal culture were a recurring theme. Two pieces that came up in discussion were: 1. Karol Wojtyla’s (John Paul II) Love and Responsibility. This is a beautiful book on human love and an antidote to most of the nonsense that...
On Cops and Cameras
Gizmodo has an intriguing post about attempts to regulate and even criminalize photography. As Wendy McIlroy reports, “In at least three states, it is now illegal to record any on-duty police officer.” She goes on to detail some of the exceptions and caveats, noting, The legal justification for arresting the “shooter” rests on existing wiretapping or eavesdropping laws, with statutes against obstructing law enforcement sometimes cited. Illinois, Massachusetts, and Maryland are among the 12 states in which all parties must...
Intellectuals and Society
Daniel Mahoney, professor of political science at Assumption College and lecturer at this year’s Acton University, (find his lectures here) wrote an excellent review in City Journalof Thomas Sowell’s new book, Intellectuals and Society. Sowell argues against the hyper-rationalist tradition of modern intellectuals whose theories tend to be divorced from reality and hostile to tradition and what Michael Polanyi called “tacit knowledge” of everyday people. As Mahoney notes, this has been a recurring theme of Sowell’s work throughout the years...
A Question of English Usage?
Christianity Today looks at the way the State Department has recently begun using the phrase “freedom of worship” instead of “freedom of religion.” The Obama Administration sees these phrases as more or less equivalent. Secretary of State Hillary Clinton echoed the shift in language. In a December speech at Georgetown University, she used “freedom of worship” three times but “freedom of religion” not at all. While addressing senators in January, she referred to “freedom of worship” four times and “freedom...
Money, Deficits, and the Devil: A Cautionary Tale
Acton Research Director Samuel Gregg contributed the article here, one of two mentaries published today. Sign up for the free, weekly email newsletter Acton News & Commentary to receive new essays, book announcements and the latest news about Acton events. +++++++++ Money, Deficits, and the Devil: A Cautionary Tale By Samuel Gregg D.Phil. Sometimes the best economists aren’t economists. One of the most famous plays in Western history was penned by the German writer Johann Wolfgang von Goethe (1749-1832). His...
Rev. Sirico: Don’t devalue Christian heritage
In a new column in the Detroit News, Rev. Robert A. Sirico warns of a “cultural shift which would reject Christian revelation’s role in the forming of American and Western civilization.” +++++++++ June 29, 2010 Don’t devalue Christian heritage By Fr. Robert Sirico A week or so ago I struck up a friendly conversation with a cleaning lady upon entering a hotel. She right away asked me, “Did you hear the news of the statue of Christ being struck with...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved