
CARACAS, Venezuela — In the capital, a store sells Prada purses and a 110-inch television for $115,000. Not far away, a Ferrari dealership has opened, while a new restaurant allows well-off diners to enjoy a meal seated atop a giant crane overlooking the city.
“When was the last time you did something for the first time?” the restaurant’s host boomed over a microphone to excited customers as they sang along to a Coldplay song.
This is not Dubai or Tokyo, but Caracas, the capital of Venezuela, where a socialist revolution once promised equality and an end to the bourgeoisie.
In shambles? Venezuela is the embodiment of the socialist vision.











The UCL academic, who is a frequent contributor on the BBC and ITV, has been a member of the Communist Party of Britain for more than 40 years.
