For nearly the past two decades, chavistas , or supporters of former President Hugo Chávez, have dominated Venezuelan government institutions and have actively promoted the Bolivarian Revolution, whose key ideological feature is the promotion of twenty-first century socialism. Cracks in the socialist hegemony, however, became apparent this past December. For the first time in the new century, the opposition won control over the National Assembly, and has since begun to usher in changes that may unravel large portions of the Bolivarian Revolution – if not, remove President Nicolás Maduro, and reverse the country’s socialist model. Far from a public rejection of the entirety of the socialist model though, the opposition victory closely corresponds with a multiplicity of domestic economic problems that are based on an overreliance on oil export earnings, currency distortions, and the unwillingness of the government to seriously modify its policies. […]