The Revolution Devours Venezuela

national reviewVenezuela is a woeful reminder that no country is so rich that it can’t be driven into the ground by revolutionary socialism. People are now literally starving — about three-quarters of the population lost weight last year — in what once was the fourth-richest country in the world on a per capita basis. A country that has more oil reserves than Saudi Arabia is suffering shortages of basic supplies. Venezuela now totters on the brink of bankruptcy and civil war, in the national catastrophe known as the Bolivarian Revolution.

The phrase is the coinage of the late Venezuelan strongman Hugo Chávez, succeeded by the current Venezuelan strongman Nicolás Maduro. The Western Hemisphere’s answer to Recep Tayyip Erdogan of Turkey, Maduro has instituted an ongoing self-coup to make his country a one-party state.

The Chávezistas have worked from the typical Communist playbook of romanticizing the masses while immiserating them. Runaway spending, price controls, nationalization of companies, corruption, and the end of the rule of law — it’s been a master class in how to destroy an economy. …

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During the last several decades, the United States has invested billions of dollars in trying to help the governments of Latin America and the Caribbean deliver better lives for their citizens. This has meant helping them increase internal security by combating the illicit growing and trafficking in narcotics and the activities of terrorist groups, as well as helping them to shore up their democratic and free market institutions.

Unfortunately, in recent years, continued progress in these areas has been threatened, not least by the elections of radical populist governments in Venezuela, Bolivia, and Ecuador. These governments have instituted retrograde agendas that include the propagation of class warfare, state domination of the economy, assaults on private property, anti-Americanism, support for such international pariahs as Iran, and lackluster support for regional counter-terrorism and counter-narcotics initiatives.

We are a group of concerned policy experts that fear the results of these destructive agendas for individual freedom, prosperity, and the well-being of the peoples of the region. Our goal is to inform American policymakers and American and international public opinion of the dangers of these radical populist regimes to inter-American security.