The Political Economy of Oil in Venezuela
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The Political Economy of Oil in Venezuela
Incorporating interviews with Venezuelan activists, scholars, politicians, and economists, this book explores Venezuelan oil development from 1999-2016, situating it within contemporary international political economy, national class politics, and Venezuela’s history as an oil nation.
The Political Economy of Oil in Venezuela re-examines oil dependency debates, situated within an analysis of Venezuela’s Bolivarian Process from 1999-2016.
Drawing on interviews with Venezuelan politicians, economists, scholars, and activists, as well as extensive archival research, the book explores the potential for class struggle to shape national oil development and conditions of oil dependency.
It situates Venezuela’s Bolivarian Process within a broader regional shift to the left in Latin America, the structures of the global oil market, and Venezuela’s role as an oil-exporter in the global economy. Additionally, it discusses popular class struggle in Venezuela arising out of the neoliberal period, and the history of Venezuelan rentier accumulation.
Ultimately, the book explores the question of agency in conversation with structural analyses of rent and natural resource dependency.
Series: Historical Materialism Book Series
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INFORMATION
ISBN: 9789004749139
Publisher: Brill
Format: Hardback
Date Published: 19 February 2026
Country: Netherlands
Imprint: Brill
Audience: Professional and scholarly
DIMENSIONS
Spine width: 24.0mm
Width: 155.0mm
Height: 235.0mm
Weight: 607g
Pages: 288
About the Author
Kristin Ciupa is Associate Professor of Sociology at the University of Regina. She has published on the political economy of extraction in Latin America and Canada, and is co-editor of The Labor of Extraction in Latin America (Rowman and Littlefield, 2024).
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