Reading the Fair Prices Law is hazardous to your health
I read the Fair Prices Law and I got a huge migraine. I wrote about it for FP (the law, not the migraine). The value added: “The effect of...
I read the Fair Prices Law and I got a huge migraine. I wrote about it for FP (the law, not the migraine). The value added:
“The effect of the bill is clear: entrepreneurship in Venezuela is now an illegal activity. Thanks to this bill, the basic freedoms that should guide any society — freedom to innovate, private property, even the right to a fair trial — have essentially been taken away. Everyone, from lowly street vendors to the executives of multinational corporations, runs the danger of landing in a Venezuelan jail if a government bureaucrat thinks they are charging too much.”
Caracas Chronicles is 100% reader-supported.
We’ve been able to hang on for 19 years in one of the craziest media landscapes in the world. Now, the difficulty level was raised abruptly with the global pandemic. We’ve seen different media outlets in Venezuela (and abroad) cutting personnel to avoid closing shop. This is something we’re looking to avoid at all costs, and it seems we will. But your collaboration goes a long way in helping us weather the storm.Donate