In the mid-1970s, Venezuela's oil boom turned the country into a magnet for immigrants from across Latin America and Europe. This episode of The Story of Venezuela: Oil, Power, and Collapse focuses on the 1977 migration wave—when thousands of Colombians, Ecuadorians, and Southern Europeans poured into Caracas and Maracaibo seeking jobs in construction, oil, and services. Lucas and Luna explore how President Carlos Andrés Pérez's 'Gran Venezuela' policies and the petrodollar-fueled economic expansion created an insatiable labour demand, but also sparked social tensions, housing shortages, and the rise of informal settlements known as ranchos. They discuss the 1977 migration law reforms, the role of the Instituto Nacional de Inmigración, the Colombian-Venezuelan border dynamics, and the cultural impact of newcomers on Venezuelan identity. The conversation also touches on the darker side: xenophobic rhetoric in the media, exploitation of undocumented workers, and the seeds of future anti-immigrant sentiment. A revealing look at how Venezuela's oil wealth reshaped its population—and the contradictions that would later fuel its collapse. #Venezuela #OilBoom #1977Migration #CarlosAndresPerez #GranVenezuela #Petrodollars #ColombianImmigration #Maracaibo #Caracas #Ranchos #InstitutoNacionalDeInmigracion #Xenophobia #LabourMigration #1970s #SouthAmerica #History #FexingoHistory #Podcast Keep every episode free: buymeacoffee.com/fexingo
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