On February 5th 2003, Hugo Chávez put in place an exchange control regime in a doomed bid to slow capital flight. A new agency was charged with enforcing it, and though it’s since gotten a new name, everyone still calls it CADIVI. Over 13 years, Cadivi became so much more than a faceless government agency. It became a way of life, a mentality, the father, the son, and most likely, the place where the spirit of Chávez resides. It’s been 13 years. Happy Birthday, Cadivi.
Add this one to the very long list of things we can blame Cadivi for: my seven year old son finding out who really buys Baby Jesus’s presents.
For book lovers like me, Cadivi is like a completely arbitrary censor with unchecked power to decide which books will be dirt cheap, which will be mad expensive, and which just won't be available at all.
You try to explain to a prestigious gringo university that unless they falsify the major on your admissions letter your government won't let you go there.
For years, I took this perverse pride in being the one lawyer who wasn't milking money out of the permuta system. Instead, I wasted years of my professional life doing completely useless work.
Which of your high school classmates is going to be the one who ended up making it big on the Cadivi circuit? The bully, obvs.
Have you ever tried to explain Cadivi to a busy editor rushing to beat a deadline?
I used to love Cadivi, but now I despise it. It is the lynchpin of a failed government: opaque, corrupt and unspeakably negligent.