Ricardo Hausmann’s “Morning After” for Venezuela: The neoliberal brain behind Juan Guaido’s economic agenda

While online audiences know YouTube comedian Joanna Hausmann from her videos making the case for regime change, her economist father has flown below the radar. His record holds the key to understanding what the U.S. wants in Venezuela.

by Anya Parampil

Part 4 - “Neoliberalism is the path to hell”

Back in Venezuela, the Bolivarian Revolution ushered in by Chávez provided an antidote to the IESA method that had produced so much social damage to Venezuela’s majority.

“The Bolivarian Revolution was an indirect response to neoliberalism, born of mass resistance in the streets,” claims Ciccariello-Maher, observing that while “in power, it remained largely faithful to that mission.”

Ciccariello-Maher added that “it would be difficult to exaggerate the impact Chavismo has had on Venezuelan society,” because for the first time in its history “oil was put at the service of the people. …Most important, however, the poor – so long excluded – became ‘protagonists’ in the political life of Venezuela, and active participants in local direct democracy.”

Chávez moved to nationalize not only the country’s prosperous oil resources, booting ExxonMobil and ConocoPhillips from the field, but also centers of agricultural production, telecommunications, and mineral mining. Considering Venezuela sits atop the largest oil reserves in the world, as well as sizeable gold stocks, this achievement was no small feat.

In his 1998 inaugural address, Chávez cited Pope John Paul II as having described capitalism as “savage,” using the words of His Holiness to highlight the social damage left behind by Hausmann and his colleagues. Chavez declared: “It is savage that in a country like ours more than half of preschoolers are not going to preschool. It is savage to know that only one out of every five children who enter preschool, only one in five finishes elementary school. That is savage because that is the future of this country.”

In 2002, just one month after facing down a U.S.-backed coup attempt, Chávez addressed a conference in Madrid declaring “neoliberalism is the path to hell.” Unlike Pérez, Venezuela’s new leader would not sell out his promise to reject the IMF’s austerity agenda.

Source, links:

https://www.mintpressnews.com/ricardo-hausmann-morning-venezuela-neoliberal-brain-behind-juan-guaidos-economic-agenda/256185/

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