What Should Historians Make of Venezuela?

 One possible argument for historians goes like this:

• Venezuela is becoming a failed state, with misery abounding, refugees fleeing, and insurgents surging.
• The failure traces to the policies of Presidents Chavez and  Maduro and their Bolivarian Revolution.
• In the light of the failure, and the disastrous results, any history of Venezuela must give priority to the politics, and the forces underlying the politics. 
• That suggests that historical investigations of America should at least acknowledge the overall context.