When I first visited Venezuela in 2010, Hugo Chávez was still the country’s president. Venezuela in those days wasn’t all bad. I enjoyed sipping Scotch (the national drink of choice) in Carabobo and boating on the Orinoco River. But I could tell that things were not going to end well. “The reality of Chávez’s regime,” I wrote at the time, “is that it is a sham democracy. . . . Private property rights . . . are routinely violated."