For years, Venezuelans have been living through one of the most severe economic collapses in modern history — one that has caused about a quarter of the country to flee. But this weekend, an election is offering many a real hope for change.

Julie Turkewitz, the Andes bureau chief for The Times, explains why, after years under a repressive government, Venezuelans think this time might be different.

Guest: Julie Turkewitz, the Andes bureau chief for The New York Times.

Background reading: 

• The “Iron Lady” of Venezuela threatens to unseat its autocrat.
• As many as one-third of Venezuelans would consider migrating if the country’s authoritarian leader is given another six years in power, one poll showed.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.