Winner of the 2022 Cornelius Ryan Award of the Overseas Press Club of America for the best nonfiction book on international affairs.
Foreign Affairs Best Books of 2022
National Endowment for Democracy Notable Books of 2022
"Richly reported...a thorough and important history." -Tim Padgett, The New York Times
A nuanced and deeply-reported account of the collapse of Venezuela, and what it could mean for the rest of the world.
Today, Venezuela is a country of perpetual crisis—a country of rolling blackouts, nearly worthless currency, uncertain supply of water and food, and extreme poverty. In the same land where oil—the largest reserve in the world—sits so close to the surface that it bubbles from the ground, where gold and other mineral resources are abundant, and where the government spends billions of dollars on public works projects that go abandoned, the supermarket shelves are bare and the hospitals have no medicine. Twenty percent of the population has fled, creating the largest refugee exodus in the world, rivaling only war-torn Syria's crisis. Venezuela's collapse affects all of Latin America, as well as the United States and the international community.
Republicans like to point to Venezuela as the perfect example of the emptiness of socialism, but it is a better model for something else: the destructive potential of charismatic populist leadership. The ascent of Hugo Chávez was a precursor to the emergence of strongmen that can now be seen all over the world, and the success of the corrupt economy he presided over only lasted while oil sold for more than $100 a barrel. Chávez's regime and policies, which have been reinforced under Nicolás Maduro, squandered abundant resources and ultimately bankrupted the country.
Things Are Never So Bad That They Can't Get Worse is a fluid combination of journalism, memoir, and history that chronicles Venezuela's tragic journey from petro-riches to poverty. Author William Neuman witnessed it all firsthand while living in Caracas and serving as the New York Times Andes Region Bureau Chief. His book paints a clear-eyed, riveting, and highly personal portrait of the crisis unfolding in real time, with all of its tropical surrealism, extremes of wealth and suffering, and gripping drama. It is also a heartfelt reflection of the country's great beauty and vibrancy—and the energy, passion, and humor of its people, even under the most challenging circumstances.
Things Are Never So Bad That They Can't Get Worse
Inside the Collapse of Venezuela
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March 15, 2022 -
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- ISBN: 9781250266170
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- ISBN: 9781250266170
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- English
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Reviews
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Library Journal
October 1, 2021
Former New York Times reporter and translator-from-Spanish Neuman was stationed in Caracas, Venezuela, serving from 2012 to 2016 as the paper's Andes Region Bureau Chief. That gave him a close-up view of Venezuela's ongoing implosion. Here, while supplying details particular to Venezuela's situation, he also argues that the election of Hugo Chavez as president in 1998 presaged the appearance of strongmen worldwide who have gutted their countries. With a 50,000-copy first printing.
Copyright 2021 Library Journal, LLC Used with permission.
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Publisher's Weekly
Starred review from December 20, 2021
Journalist Neuman debuts with a heartbreaking and deeply reported account of the ongoing crisis in Venezuela. Depicting the country’s downward spiral since 2014—driven by a collapse in oil prices, U.S. sanctions, and hyperinflation—from the perspectives of political leaders and ordinary citizens, Neuman notes that one in six Venezuelans has fled the country during the crisis, an exodus “second only to the flight from Syria, which was in the midst of a civil war.” He begins the narrative with a vivid description of the 2019 blackouts that left the entire country in the dark, pinning the blame on decades of neglect by President Hugo Chávez and his successor, Nicolás Maduro. Neuman then explains how Chávez, who came to power in 1999 and died in 2013, created a cult of personality by stoking political polarization and invoking the country’s revolutionary past while funneling oil revenues into a national “slush fund” for development projects and borrowing heavily from foreign banks. Neuman excels at humanizing the suffering of ordinary Venezuelans who lack access to basic food, medicine, or shelter, and incisively analyzes how the country’s fractured and ineffective opposition has allowed Maduro to retain control. Through lyrical prose, in-depth interviews, and lucid discussions of political and economic matters, Neuman makes the scale of Venezuela’s tragedy clear. Readers will be riveted and appalled. -
Booklist
February 1, 2022
Journalist Neuman presents a jaunty, intimate look at the recent (and ongoing) implosion of Venezuelan society that emphasizes the perils of the petrostate and the human cost of endemic corruption. Beginning in the late 1970s, Venezuelans enjoyed low taxes, subsidized housing, and ultracheap gasoline, their rewards for living atop the world's largest petroleum reserves. But by the twenty-first century, the government was reduced to a distribution system for oil money. Corruption was widespread, as illustrated by shady import arrangements and abandoned infrastructure projects. Following the death of autocrat Hugo Ch�vez in 2013, Venezuela plunged into an inflationary death spiral, causing food shortages, political unrest, a contested election, and an attempted coup-d'etat. Neuman focuses on a series of frightening power outages in 2019, noting that the blackouts "got inside your head," destroyed all generosity, and revealed a nation in total breakdown. As Neuman tries to square the lively nation he once knew with its current poverty and cruelty, he worries that such governmental failure may actually represent "the Republican dream fulfilled," a "state reduced to the absolute minimum" in service to libertarian extremes.COPYRIGHT(2022) Booklist, ALL RIGHTS RESERVED.
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Kirkus
Starred review from January 15, 2022
Tracking the tragic demise of the once-thriving, oil-rich nation. As the Caracas-based Andes bureau chief for the New York Times from 2012 to 2016, Neuman is well qualified to recount the South American nation's precipitous decline. He records Venezuela's dramatic political and economic changes through interviews and deft firsthand observations, exploring the collapse of social institutions, entrenched poverty, staggering inflation, chronic blackouts, famine, and pervasive despair. Neuman points to two specific elements that help explain the tumult: the "Resource Curse" caused by its massive oil wealth, to which the entire economy was chained; and the violent rift between those who supported Hugo Ch�vez, the publicity-hungry president who nationalized the oil industry and centralized the government, and those who did not. Ch�vez "mined [the rift] and encouraged it until it became part of the landscape, something that people took as a given." When he died in 2013, after 14 years as president, he was succeeded by his crony Nicol�s Maduro, "a less talented politician who styled himself as the ideological heir of the man he called the eternal comandante." In 2014, the massive drop in oil prices collapsed the economy, as the country depended almost entirely on its oil exports, at the expense of all others. In 2018, the disputed reelection of Maduro, tainted by heavy-handed oppression of his opponents, led to the attempted coup by the head of the National Assembly, Juan Guaid�, who declared himself interim president in 2019. Despite support by the U.S. and others in a concerted effort to depose Maduro--accompanied by crippling sanctions by the Trump administration--there was no citizens uprising, as hoped, just more misery. The author delivers the best kind of journalism, combining powerful facts and pointed observation, as he moves from one alarming event to the next, bringing into the spotlight countless Venezuelans who have little hope for the future. A heartbreaking yet authoritative, necessary look at a ruined nation.COPYRIGHT(2022) Kirkus Reviews, ALL RIGHTS RESERVED.
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Library Journal
February 1, 2022
Veteran New York Times reporter Neuman debuts with a searing indictment of the Venezuelan petro-state. He argues that populist president Hugo Ch�vez, instead of diversifying the country's economy to sustain the socialist revolution he claimed to lead, coasted for 14 years on oil money. The Ch�vez regime doled out cheap gas and sinecures to persuade Venezuelans to ignore rampant incompetence, corruption, and democratic backsliding. But since 2013, as oil revenues collapsed and Ch�vez's successor Nicol�s Maduro embraced authoritarianism amid U.S. sanctions on Venezuela, the nation plunged into humanitarian crisis while the U.S.-backed opposition flailed ineffectually, Neuman writes. Venezuela lost two-thirds of its gross domestic product between 2013 and 2019, accompanied by hyperinflation and emigration of a sixth of its population. Neuman denounces Ch�vez and Maduro but gives the conservative opposition and U.S. foreign policy their fair share of criticism as well. Neuman, who lived in Caracas for years, writes lyrically and uses in-depth interviews and reflections to put individual faces to Venezuela's dissolving bonds of fellowship. However, his ham-fisted metaphors ("time was a fast-food sandwich") and patronizing comments ("I thought of Venezuela as the shouting country") sometimes detract from the book's geopolitical insights and heartfelt laments. VERDICT A riveting personal exploration of Venezuela's slow-moving collapse.--Michael Rodriguez
Copyright 2022 Library Journal, LLC Used with permission.
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