The Caracazo, which took place in Caracas, Venezuela on February 27th, 1989, is described by many there as the beginning of a worldwide revolt against neoliberalism.
“World War IV began in Venezuela. WWIII was the Cold War, which culminated in the fall of the Soviet Union and the apparent triumph of neoliberalism. World War IV began in Venezuela on February 27th 1989, with the first rebellion by an entire nation against a neoliberal package. As a result, we have discovered that a global extension of neoliberalism into the economic, social, political and cultural fields is impossible.” – Luis Britto García