News and Commentary

Venezuela’s Democratic Socialist President: Our Economic Model Has ‘Failed’

John Bickley

Venezuela President Nicolas Maduro admitted on Tuesday that the economic models of his democratic socialist regime have “failed.”

“The production models we’ve tried so far have failed and the responsibility is ours, mine and yours,” Maduro told his United Socialist Party-controlled congress, AFP reports.

Got a tip worth investigating?

Your information could be the missing piece to an important story. Submit your tip today and make a difference.

Submit Tip