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One article blamed socialism

This is basically the the explanation. Specifically Venezuela's socialist system recently ran out of money, hence it can't afford to properly maintain order. This is the same reason crime spiked in the former Soviet Union after it's collapse.

I'm of the belief that crime has many causes, one of which is genetics.

This is one of the causes, but obviously it's not a cause of crime spikes, unless mass migrations are involved. And the current crime rate in Venezuela is way above the country's recent historical average.