Note: this episode was originally published in February 2016. Given today’s announcement that Venezuelan president Nicolas Maduro will not allow the main opposition parties to run in next year’s presidential election, we’ve decided to republish this episode to provide context to Venezuela’s political and economic struggles.

Venezuela recently elected a majority-opposition legislature. Will the new majority bloc, characterized by its opposition to the Venezuelan government’s entrenched chavismo ideology, be able to stand up to current president Nicolás Maduro? What other challenges stand in their way? Join us as we discuss the political and economic causes and possible consequences of what’s afoot in Venezuela.

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