I'm back again
There is some interesting work of one of the economists there. Pasqualina Curcio. She analyzes and provides some facts about the "economic warfare" Maduro and the chavistas refers all the time. (I'm chavista obviously, and in the neverending way of understanding theory, marxist that is, not a simple task)
Oil prices dropping is one of the causes of course. If we had a cake, a pie, called "The Venezuelan Crisis" oil prices dropping would take about 25% of the cake, maybe a little more.
Without the influx of money the high oil prices gave years ago, the government simply don't have maneuver power or a way to handle the attacks of the US backed opposition and the capitalists, businessman, entrepreneur, merchants etc.
Other factors are the following:
1. The capitalists in our country, the opposition, the bourgeoisie are not… mmm how to put it, the term in english would translate to something like "The are not developists" they literally are the worst capitalists ever, they are not interested in developing our country they just leech the state for those petrodollars, THEY DON'T INVEST THEIR OWN MONEY. see Polar. They are just parasites of the state. That was their whole business before Chavez, they could take away all the oil rent the country recived through PDVSA, without investing in social programs whatsoever, they were happy , the people wasn't and what is happening in Mexico right now, happened to us in 1989. Of course the government back then (opposition now) killed a lot of people.
2. The black market dollar exchange rate and the "exchange bike" created in our border with Colombia, that distorted our currency value affecting the prices of almost everything we consume, because everything is imported. Why? Because our "capitalists" didn't produced anything, what the majority of them did was buy things outside and then sell them in here, making a profit out of it. Buy the parts of equipment, automobiles, production lines, motors, machines etc. you name it and then assemble the product. Those were and are most of the factories here.
This is explained in a relatively close way here
15yultimo.com/2016/12/18/entonces-donde-estaban-los-billetes-de-100-bolivares/
… sorry it's in spanish
Factors 1. and 2. make like 30% piece of the "The Venezuelan Crisis" pie.
3. Corruption, weakness in exercising power, fifth columns, opportunists, bad bureucracy, inexperience in handling and operating the newly means of production created, confiscated, recovered, expropiated in all these years. Back and forth policies, you know "testing" "seeing if something works" trying to solve issues using liberal policies, like if we are in ideal conditions etc.
This represents like a 25% piece of the pie i mentioned before
4. Last but not least in my opinion is something akin to what this guy is saying right now most people feel like the whole world is kind of like against us, everybody is throwing shit at us for things their own countries are the worst offenders. The rest of the pie is represented by this.
And is something that reaches hilarious levels everytime i turn CNN en español or read any right-wing or liberal media (what you call your other right wing)