US Backs Coup in Oil-Rich Venezuela, Right-Wing Opposition Plans Mass Privatization and Hyper-Capitalism

The US has effectively declared a coup in Venezuela. Trump recognized unelected right-wing opposition leader Juan Guaidó as new “president,” who plans mass privatization and neoliberal capitalist policies.

By Ben Norton

The United States has effectively declared a political coup d’état in Venezuela, from abroad. Trump announced on January 23 that the US recognizes the unelected, illegitimate right-wing opposition leader Juan Guaidó as the supposed new “interim president” of Venezuela’s supposed new “government.”

Venezuela’s US-backed opposition has pledged to carry out a mass privatization of state assets and to implement harsh neoliberal capitalist policies. The opposition-controlled legislatures declared in its “transition” plans that the “centralized model of controls of the economy will be replaced by a model of freedom and market based on the right of each Venezuelan to work under the guarantees of property rights and freedom of enterprise.”
— Read on grayzoneproject.com/2019/01/23/us-coup-oil-venezuela-right-wing-opposition-privatization-capitalism/