President Hugo Chavez

The Venezuela Myth Keeping Us From Transforming Our Economy

Modern Monetary Theory (MMT) is getting significant media attention these days, after Alexandria Ocasio-Cortez said in an interview that it should “be a larger part of our conversation” when it comes to funding the Green New Deal. According to MMT, the government can spend what it needs without worrying about deficits. MMT expert and Bernie Sanders advisor Prof.

International Conference for Peace and “World Balance” Supports Venezuela

Close to 700 conferees from 65 countries convened in Havana, Cuba from January 28-31, for peace and “world balance.” This, the fourth such conference, was dedicated to honoring the ideals of Cuban national hero José Martí who died in 1895 at the age of 42 fighting for independence from colonial Spain. The event was organized by the José Martí Project of International Solidarity, which is sponsored by UNESCO.

Venezuela: Capitalist Success, Not Socialist Failure

A “democratic” U.S. government legally elected by a minority of the vote is now calling for democracy in Venezuela by attempting to overthrow its government,  which was recently elected by a more than two-thirds vote after a highly-fragmented political opposition abstained from participation (on U.S. instructions) because it lacked popular support and felt that it was unlikely to win. The point man for the regime change operation is Elliott Abrams, whose biography tells us everything we need to know to evaluate the alleged democratic intentions of the Trump administration.

Everybody Else’s Business: Coup Fever in Venezuela

This could have been seen as audacious.  Instead, it had the smell of a not so well concealed sponsorship, the backing of a meaty foreign hand.  Venezuelan opposition leader and President of the National Assembly Juan Guaidó decided to take a quick step in the direction of the presidency.  His own counterfeit theory is simple: he is not being a usurper, so much as a panacea for the usurpation by the current president, Nicolás Maduro.  “I swear to assume all the powers of the presidency to secure and (sic) end to the usurpation.”