Venezuela Economic Collapse Reasons and Origins
The corporate media would have you believe that Venezuela is a dictatorship on the verge of political and economic collapse; a country where human rights crusaders and anti-government, democracy-seeking activists are routinely rounded up and thrown in jail. Indeed, the picture from both private media in Venezuela, as well as the mainstream press in the U.S., is one of a corrupt and tyrannical government desperately trying to maintain its grip on power while the opposition seeks much-needed reforms. In fact, the opposite is true.
The sad reality of Venezuela is that it is the Bolivarian Revolution that is being undermined, targeted, and destabilized. It is the Socialist Party, its leftist supporters (and critics), Chavista activists and journalists, and assorted forces on the Left that are being victimized by an opposition whose singular goal is power. This opposition, now in the majority in the National Assembly, uses the sacrosanct terminology of “freedom,” “democracy,” and “human rights” to conceal the inescapable fact that it has committed, and continues to commit, grave crimes against the people of Venezuela in the service of its iniquitous agenda, shaped and guided, as always, by its patrons in the United States.
This so-called opposition – little more than the political manifestation of the former ruling elites of Venezuela – wants nothing less than the total reversal of the gains of the Bolivarian Revolution, the end of Chavismo, and the return of Venezuela to its former status as oil colony and wholly owned subsidiary of the United States. And how are these repugnant goals being achieved? Economic destabilization, street violence and politically motivated assassinations, and psychological warfare are just some of the potent weapons being employed.
In what is perhaps the most infamous example of U.S. imperialism in Latin America in the last half century, the Nixon administration, led by Henry Kissinger, orchestrated the 1973 overthrow of Salvador Allende, the Socialist president of Chile. In declassified CIA documents, it has been revealed that President Nixon famously ordered U.S. intelligence to “make (Chile’s) economy scream,” a reference to the need to undermine and destabilize the Chilean economy using both U.S. financial weapons, and a powerful business elite inside Chile, in order to pave the way for either the collapse of the government or a coup d’etat. Sadly, U.S. efforts proved successful, leading to a brutal dictatorship that lasted nearly two decades.
The same effort is currently underway in Venezuela, where the economic difficulties the country is facing can be directly attributed to the insidious efforts of Venezuela’s right-wing opposition, and its backers in the United States. While corporate media reports over the last two years have shown viscerally shocking images of empty store shelves, blaming supply problems on the incompetence and corruption of the Maduro government, none of the stories bother to examine the question of why supplies have dwindled in the way they have.
The economic difficulties the country is facing can be directly attributed to the insidious efforts of Venezuela’s right-wing opposition, and its backers in the United States.
There is analysis pointing to corruption, an important problem to be tackled, to be sure, as well as lack of access to capital, and myriad other issues. But never does one find the real crux of the problem being discussed: supply and distribution remains in the hands of the right-wing elites whose interests are served by making life unbearable for the masses of poor and working people.
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