
Since we’ve devoted so much space at this site to the plight of Venezuela under chavismo, it’s only right for us to acknowledge – and celebrate – an extraordinary turning point in the history of that country.
We need hardly go into detail here about the devastation wrought upon Venezuela, once one of the richest nations in the world, by hard-core socialism. That the land with the world’s largest oil reserves should decline into such terrible poverty – to say nothing of the steady erosion of individual liberty and human rights – is a classic lesson in the horrible consequences of socialist policies.

Juan Guaidó
On January 5, Juan Guaidó, a fierce opponent of chavismo, was sworn in as President of Venezuela’s National Assembly. Five days later, Nicolás Maduro, who had succeeded his mentor, Hugo Chávez, as President of Venezuela, in 2013, was inaugurated for his second term after being re-elected in what was widely considered an illegitimate election. The next day, Guaidó led a massive rally, attended by hundreds of thousands of Venezuelans, at which it was announced that, in accordance with the Venezuelan Constitution, he would be assuming the presidency. On January 15, the Washington Post ran an op-ed by Guaidó headlined “Maduro is a usurper. It’s time to restore democracy in Venezuela.”

“We are living in a crisis without precedent in Venezuela,” the op-ed began. “We have a government that has dismantled the state and kidnapped all institutions to manipulate them at will.” Truthfully enough, Guaidó called Maduro a dictator, but a dictator with a difference, who had “ties to drug trafficking and guerrilla groups,” but whose nation continued to have “a functioning, democratically elected parliament, the National Assembly,” which enjoyed “the backing of the international community and the majority of Venezuelans.”
On January 23, Guaidó formally declared himself President of Venezuela. Almost immediately, he was recognized as the country’s legitimate head of state by U.S. President Donald Trump. By the end of day, he had been recognized as President by the Organization of American States as well as by the governments of Argentina, Brazil, Canada, Chile, Colombia, Costa Rica, Ecuador, Guatemala, Honduras, Panama, Paraguay, and Peru. In all of Latin America, only Communist Cuba and socialist Bolivia reiterated their full support for Maduro, while Mexico’s new left-wing leader, Andres Manuel Lopez Obrador, criticized Guaidó but instead of totally backing Maduro called for “dialogue.”

The swiftness with which so many Latin American governments endorsed Guaidó’s ascent to power is a reflection of the degree to which socialism in that region has, in a relatively short time, given way to a renewed wave of democratic capitalism. A few years ago, for example, Cristina Fernandez, then President of Argentina, would surely have stood behind Maduro; now, her successor, Mauricio Macri, took to Twitter and explicitly cheered on “all efforts toward rebuilding democracy in Venezuela and reestablishing conditions of life worthy of all its citizens.” Likewise, in Brazil, the new president, Jair Bolsonaro, widely known as the Trump of Latin America, tweeted that “Brazil supports politically and economically the transition back to democracy and social peace in Venezuela.”
To be sure, it’s all easier said than done. At this writing, Maduro seems determined to stay in Miraflores, the White House of Caracas. He still enjoys the support of the military, of the Supreme Court (which he has packed with cronies), and of the powerful and notoriously corrupt national oil company, PDVSA. So it will be interesting to see how things develop in the days and weeks to come.