Description

In 1935, after the death of dictator General Juan Vicente Gomez, Venezuela consolidated its position as the world's major oil exporter, establishing South America's longest-lasting democratic regime. Endowed with the power of state oil wealth, successive presidents appeared as transcendent figures who could magically transform Venezuela into a modern nation. During the 1974-78 oil boom, dazzling development projects promised to effect this transformation, yet now the state must struggle to appease its foreign creditors, counter a declining economy, and contain a discontented citizenry. In critical dialogue with contemporary social theory, this text examines key transformations in Venezuela's polity, culture and economy, recasting theories of development for other postcolonial nations.

The Magical State – Nature, Money, and Modernity in Venezuela

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Paperback / softback by Fernando Coronil

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In 1935, after the death of dictator General Juan Vicente Gomez, Venezuela consolidated its position as the world's major oil... Read more

    Publisher: The University of Chicago Press
    Publication Date: 10/11/1997
    ISBN13: 9780226116020, 978-0226116020
    ISBN10: 0226116026

    Number of Pages: 466

    Non Fiction , Politics, Philosophy & Society

    Description

    In 1935, after the death of dictator General Juan Vicente Gomez, Venezuela consolidated its position as the world's major oil exporter, establishing South America's longest-lasting democratic regime. Endowed with the power of state oil wealth, successive presidents appeared as transcendent figures who could magically transform Venezuela into a modern nation. During the 1974-78 oil boom, dazzling development projects promised to effect this transformation, yet now the state must struggle to appease its foreign creditors, counter a declining economy, and contain a discontented citizenry. In critical dialogue with contemporary social theory, this text examines key transformations in Venezuela's polity, culture and economy, recasting theories of development for other postcolonial nations.

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