Venezuela’s
US-appointed coup leader Juan Guaidó plans to privatize state assets
and give foreign corporations access to oil, the Wall Street Journal
admitted.
by
Ben Norton
The Wall
Street Journal reported that Venezuela’s US-appointed coup
leader Juan Guaidó has already drafted plans for “opening up
Venezuela’s vast oil sector to private investment” and
“privatizing assets held by state enterprises.”
The
report confirms what The Grayzone previously reported.
“Juan
Guaidó, recognized by Washington as the rightful leader, said he
would sell state assets and invite private investment in the energy
industry,” read the Wall Street Journal’s January 31
article.
The
paper noted that Guaidó plans “to reverse President Nicolás
Maduro’s economic polices,” explaining:
“Mr.
Guaidó said his plan called for seeking financial aide from
multilateral organizations, tapping bilateral loans, restructuring
debt and opening up Venezuela’s vast oil sector to private
investment. It includes privatizing assets held by state enterprises
… He also said he’d end wasteful state subsidies and take steps
to revive the private sector.”
In other
words, Guaidó plans to implement the neoliberal capitalist shock
therapy that Washington has imposed on the region for decades.
Using
funding from US-dominated international financial institutions like
the International Monetary Fund (IMF), the Venezuelan coup leader
seeks to adopt an aggressive “structural adjustment”
program, enacting the kinds of economic policies that have led to the
preventable deaths of millions of people and an explosion of poverty
and inequality in the years following capitalist restoration in the
former Soviet Union.
In a
speech, Juan Guaidó even echoed rhetoric that is popular among US
conservatives: “Here, no one wants to be given anything.”
It is
clear that the coup leader’s priorities reflect those of
Venezuela’s capitalist oligarchs and right-wing politicians in the
United States. Economic liberalization is the Venezuelan opposition’s
first and most important goal; democracy is just a pretense.
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