A retractable covering for architectural openings having collapsible vanes includes a head rail and support structure in the form of a sheet of material, monofilaments, tapes, ribbons, cords, or the like, supporting an upper edge of a plurality of vertically spaced, horizontally extending vanes with the lower edges of the vanes being connected to operating elements adapted to raise the lower edges of each vane toward the upper edges to define openings or gaps between the vanes through which vision and light can pass in an open condition of the covering. The support structure, vanes and operating elements are adapted to be wrapped around a roller in the head rail in a retracted position of the covering and unwrapped in an extended position. An inhibitor system is incorporated into the covering to permit automatic opening of the vanes when the support structure, vanes and operating elements reach an extended position.