Home
/
RELIGION & LIBERTY ONLINE
/
Venezuelans find a hero in big business
Venezuelans find a hero in big business
Aug 23, 2025 7:27 PM

“Big business” has e a favorite target of public scorn and contempt in the United States, constantly decried for its impersonal forces, cronyist lobbying efforts, and supposed greed.

In Venezuela, however, the country’s largest privately pany has e a leading face of anti-government resistance.

In a country torn to shreds by the follies of socialism, Empresas Polar continues to thrive and survive despite a range of economic challenges and government pressures.

The Caracas-based food and drink producer is beloved by the Venezuelan people, in part for its range of popularfood products, but also for its rebellious stances against anunpopular socialist regime. Such stances typically spring from pany’s billionaire CEO, Lorenzo Mendoza, whom the late Hugo Chavez once calleda pelucón (“bigwig conservative”) who deserves a “place in hell.”

In the Financial Times, Andres Schipani offers a fascinating report on the key developments:

[Polar’s] success is hard to swallow for the government, which continues to have Polar in its inquisitorial grip. Police intelligence agents are sometimes stationed outside its offices for no apparent reason. Company employees report that the agents eagerly accept Polar drinks or snacks offered to them as a break from the tedium.

pany’s contribution to the food sector is such that neither Chávez (who died four years ago) nor his benighted successor have felt it prudent to carry out threats of expropriation. The reason? Venezuelans are barely able to let a day go by without getting their hands on Polar products.

As Schipani explains, pany boasts a 90 percent approval rating while the country’s president, Nicolás Maduro, garners less than 12 percent (according to a local pollster).

After the death of Chavez, there was a momentwhere some thought Maduro may look more favorably panies like Polar. But alas, the tensions have continued to broil:

Maduro is still apt to accuse Mendoza of being a price-gouging coup-monger who stockpiles food in order to wage “economic war” against the Chavista revolution. More damaging, the government retains control of legal sales of hard currency to pay for imports in a country that produces little of its own other than oil.

…Last year, Mendoza urged the government to stop strangling the private sector. The embattled Maduro roared back at him on television: “If you cannot handle panies, hand them over to the people who can.” The president rounded off by labelling the Polar chief a “bandit, thief, oligarch, traitor”.

Informed sources in Caracas suggest that what the government cannot bring itself to shout about is that the food shortages — increasingly a source of widespread discontent — might have something to do with official policy ings. Venezuelans’ reaction, therefore, should some of their favourite food and drink brands fall into state hands, could spark unrest, which would be one of the last things the Maduro administration needs.

At a time when Venezuelan officials have taken to locking up bakers in pursuit of a so-called “bread war” — nit-picking over ingredient quotas rather than fixing laws pound human suffering — Polar’s openly defiant position is a breath of fresh air. Further, in an era where big business is often ridiculed and rarely praised, it’s a reminder of the good it can achieve, even amid and against the abuses of the state.

As the Venezuelan government continues to erode the country’s economic infrastructure, squeezing its citizens via coercive government tricks, Polar and other Venezuelan businesses are trying their best to meet basic human needs using basic human exchange.

When this is the choice — “21st-century socialism” vs. 21st-century “big business” — Venezuelans are making their preferences clear.

“Ordinary people say that even if the government wants to trounce Polar, they will stand up and defend it,” says a Polar executive, according to Schipani. “The more the government punches us, the more the people love us.”

Image: Paulino Moran, Vista PlazaVenezuela, CC BY-SA 2.0

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
A new Member of European Parliament exposes Europe’s self-doubt
Last week’s elections for European Parliament swept a bountiful harvest of Euroskeptic thorns into the EU’s side. Among them are the Sweden Democrats; Trey Dimsdale has interviewed successful SD candidate Charlie Weimers for the Acton Line podcast, and Weimers contributes a book review of Kasja Norman’s stirring book Sweden’s Dark Soul: The Unraveling of a Utopia to Acton’s transatlantic website. The book’s evocative opening leads to probing questions of Sweden’s searing self-doubt. Weimers writes: Norman starts the book depicting hundreds...
Providence magazine reviews Kuyper’s ‘On Islam’
Last year, in collaboration with the Abraham Kuyper Translation Society, the Acton Institute and Lexham Press teamed together to publish On Islam. The latest in the 12-volume series Abraham Kuyper Collected Works in Public Theology details Kuyper’s observations while traveling in the Mediterranean. At Providence magazine, Tim Scheiderer reviews On Islam and considers Kuyper’s Christian advice for foreign policy: In the bookOn Islam, the Acton Institute has translated into English for the first time portions from Abraham Kuyper’s larger work,Om...
What Christians should know about recessions
Note: This is the latest entry in the Acton blog series, “What Christians Should Know About Economics.” For other entries inthe series seethis post. What it means: The economy shifts from periods of increasing economic activity, known as economic expansions, to periods of decreasing economic activity, known as recessions. This is known as the business cycle and includes four phases: expansion, peak, contraction, and trough. An expansion is a period between a trough and a peak, and a recession is...
HBO’s ‘Chernobyl‘: A scathing rebuke of Soviet secrecy
In case you missed it, the final episode of the highly acclaimed five-part HBO miniseries “Chernobyl” aired last night. When the credits rolled, I let out a pent-up breath that I didn’t know that I was holding in and slumped back in my seat, finally able to relax. The show was over, but the weightiness of its message and atmosphere lingered on, sticking with me even as I laid down to sleep. “Chernobyl” dramatizes the events leading up to and...
Capitalism and the opportunity for a more united conservative front
Last week the Heritage Foundation hosted an event featuring Samuel Gregg, the Acton Institute’s director of research, in which he highlighted the importance of providing not only an economic justification for capitalism but also a moral justification. At Juicy Ecumenism, Mia Steupert considers Gregg’s talk in light of the recent debate among conservatives: Gregg discussed this topic in the framework ofAlexis De TocquevilleandMichael mentary on the moral justifications of capitalism. Gregg mainly focused on outlining Novak’s views on the connection...
When the Federal Reserve does too much
Note: This is post #123 in a weekly video series on basic economics. “If you think through all of the variables that shape a country’s economy, it’s no wonder that monetary policy is difficult,” says economist Alex Tabarrok. “It should e as no surprise that the Federal Reserve doesn’t always get it right. In fact, sometimes the Fed’s actions have made the economy worse off.” In this video by Marginal Revolution University, Tabarrok shows what happens when the Fed promotes...
New study exposes career training cronyism
Last week the Mackinac Center — a think tank that focuses on public policy in Michigan — published a new study: “Workforce Development in Michigan.” The study, authored by Hope College economics professor, Acton research fellow, and Journal of Markets & Morality associate editor Sarah Estelle, examines the wide variety of skills-training and employment programs in the state. As the Mackinac Center put it in their press release, The government has been actively involved in job training since the 1960s,...
The European left and immigration
Danish elections are usually not high on the list of must-watch political contests but the ing election on June 5 is one that I think worth watching. As this Guardian article illustrates, it is distinguished by the fact that the Danish Social Democrats—the main center-left party in Denmark—have revisited and substantially changed their approach to immigration. Under the leadership of Mette Frederiksen, the Danish Social Democrats have broken with the reigning consensus on the European left, essentially adopting many of...
How ‘conservatives’ became the war party
The only thing that can e the stupidity of modern-day progressives like Alexandria Ocasio-Cortez and the 24 people contending for the 2020 presidential nomination of the Democratic Party is an understanding of the price—and the consequences — of the policies that they preach. Progressive policy is expensive, very expensive, and a wise person should be extremely reluctant to spend other people’s money on utopian schemes like the Green New Deal. But people are not wise, and that is why America...
The Ahmari/French debate: A reading list
“If you printed out and stacked up every piece written about the dispute between First Things contributor Sohrab Ahmari and National Review writer David French, it wouldn’t quite go up 68,000 miles—that would be the $22 trillion national debt, stacked by ones—but it would be towering nonetheless,” says Matt Welch. For those who are late to the debate and want to catch up, I’ve collected a reading list of articles related to the controversy. I’ve included the original essay by...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved