CounterPunch Exclusives

CounterPunch Exclusives

Venezuela Under Siege: What Should Progressives Do?

Ever since Hugo Chávez became Venezuela’s president in 1999 and initiated the Bolivarian Revolution, the country has been under siege by the US. The aggression escalated with the kidnapping of its lawful president, part of a larger and accelerating assertion of US imperial power worldwide. The Bolivarian Revolution survived but is in a forced tactical retreat.

For progressives outside Venezuela, this presents a difficult question. How should we respond when a government resisting US domination makes compromises that we may oppose, but does so under conditions largely imposed by Washington?

This article argues that criticism has its place. But it also needs to be contextualized in the larger struggle over Venezuela’s sovereignty and the consequences of weakening a government confronting overwhelming US power.

Chávez – founding of the Bolivarian Revolution

Tension between solidarity with an actually existing revolutionary process and criticism of its compromises has recurred throughout the Bolivarian Revolution. Among the first on the left to part company with the Chavista government were anarchists, who proclaimed that they were second to none in supporting revolutions against imperialism – until those projects succeeded in achieving state power.

This tendency still affirmed their abstract solidarity with “the people” but not with their chosen representatives. They felt betrayed because the Bolivarian leadership failed to fulfill their expectations to build a workers’ state on a suitably expeditious timetable.

Riding a global commodities boom, the Bolivarian Revolution funded major social welfare programs, prioritizing poor and working people. To finance these measures, over half of Venezuela’s oil exports and 60% of its overall exports were sold to the US. Dependency on oil sales deepened, with oil accounting for over 95% of its foreign earnings.

Chávez proclaimed the goal of a socialist future, although he pardoned the unsuccessful 2002 coup plotters in an effort – perhaps mistakenly – to encourage a cooperative domestic business class. He pragmatically sought opportunities to negotiate with them.

Maduro – intensification of the imperialist siege

When Chávez died in March 2013, his chosen successor Nicolás Maduro won the snap presidential election. Maduro carried the Bolivarian project forward but under geopolitical conditions markedly different from his predecessor. Venezuela scholar Steve Ellner argues that there were no substantive political differences between the two leaders.

During Chávez’s illness, economic problems had accumulated (e.g., a dysfunctional currency exchange system). Maduro was under intense pressure from the moment he entered office.

Immediately, the US-backed and funded opposition started the guarimbas, demonstrations intended to accomplish by violence what they had failed to achieve at the ballot box. Washington, meanwhile, stepped up its hybrid war. Soon oil prices crashed and the US, under Obama, initiated ever more punishing sanctions in 2015.

Under these coercive measures, the Venezuelan economy by 2019 was in freefall with inflation over 100,000%. Never had an economy contracted so much in modern peacetime.

At this time of maximum weakness, a faction of the Venezuelan Communist Party developed a strategic disagreement with the governing coalition. It argued that the revolution should confront its class enemies more aggressively and expropriate major corporations, rather than seek a temporary rapprochement.

The nearly overwhelming task of righting the economy was ultimately achieved under Maduro’s leadership. After........

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