On the Venezuelan crisis

With the global fall in oil prices, Venezuela’s fifteen-year experiment in “petrol populism” seems to be winding to a close. Either the regime will collapse in short order, or it will maintain itself through increasingly bloody and repressive measures, as Maduro’s claim to represent the interests of the people grows even more tenuous. George Ciccariello-Maher, a seasoned apologist of Chavismo in the United States, writes in an article for Jacobin that the “enemies” are the ones who are out there “in the streets, burning and looting.” Socialists, he contends, should be supporting the recent state crackdown on the protestors, which has already left 130 or so dead.

Pavel Minorski, a Croatian left communist and trustworthy comrade, comments that “[Ciccariello-Maher’s latest piece] is basic leftism. There is good capitalism and bad capitalism. Good capitalism is run by The People, bad capitalism by (((the elite))). Eventually, of course, people will revolt against good capitalism. But don’t worry, those aren’t The People. They’re malicious, deluded, or both. Here’s how national developmentalism can still win!” For anyone interested, “Dialectics and Difference: Against the ‘Decolonial Turn’,” my polemic against Decolonizing Dialectics by Ciccariello-Maher just came out, and can be read over at the Insurgent Notes website.

Michael Roberts’ analysis of “The Venezuelan Tragedy” paints a much bleaker picture. The numbers are just brutal. “Income poverty,” observes Roberts, “increased from 48% in 2014 to 82% in 2016, according to a survey conducted by Venezuela’s three most prestigious universities.” Chávez, like every other leader who came before him, was content to rake in profits when times were good, i.e. when the price of oil was high, funding ambitious social programs with the profits as part of his wedge electoral strategy. He didn’t bother trying to diversify the country’s production, so when its sole export monocommodity plummeted in value, the whole country went tits up.

Sergio López of Kosmoprolet saw this coming as early as 2009. “21st-century socialism? Charitable kleptocracy! A kleptocracy, indeed, which is steering the country to its next economic and social crisis.” López noted then, at the pinnacle of Chavismo, the popularity of slogans such as “Chávez is the People!” and “President Chávez is a tool of God!” “Postmodern Bonapartism,” as Marco Torres dubbed Bolivarianism in a 2010 piece, is “a bricolage of thirties vintage pop-frontism together with nineties antiglobalization, molded upon sixties developmentalist Third Worldism.” Continue reading