I have been following Venezuela since my transfer to Cuba (2012). At that time, Venezuela was a very prestigious country in Latin America, with very bright economic indicators, exporting its oil without any problems, challenging the US, and providing serious support to Caribbean countries, especially Cuba, through the “Petro Caribe” programme. In 2013, with the death of Hugo Chavez, this bright page was closed. The decline in oil and raw material prices, the internal political tensions that started with Nicolas Maduro’s narrow victory in the controversial 2013 elections, the increasing pressure on opposition leaders, strained relations with the US, unfinished social investments, increasing corruption, world record inflation, all brought the end of Venezuela’s success story. During the 12-year term of Nicolas Maduro, the collapse of Hugo Chavez’s ideology was put on stage. The Venezuelan people, who were introduced to prosperity in the 1999-2013 period, have experienced the deepest economic crisis in their history in recent years, with 7.5 million people fleeing the country of 30 million people due to widespread misery.
Maduro opponents united against all obstacles for elections
The Maduro regime suffered serious legitimacy problems as a result of the 2018 elections, which were boycotted by the opposition due to bans, arrests and repression. The United States and around 50 other countries have now crossed Maduro out and recognised Juan Guaido, the head of parliament, as the country’s legitimate president. This extreme pressure on Venezuela under Trump’s leadership did not bring the expected political results. The Juan Guaido bubble deflated within a year or two, but the country was brought to its knees economically, unable to breathe. The mutually damaging stalemate was ended with the mediation of Mexico and Norway. In October 2023, an agreement was reached in Barbados (an island state in the Caribbean) between the Maduro administration and the opposition. US sanctions were eased in exchange for fair and free elections. This time the Venezuelan opposition united around a single candidate, reversing the boycott of the 2018 elections. Maria Corina Machado, an ardent oppositionist, was nominated as a joint candidate. The fact that the Supreme Court, under Maduro’s command, did not approve Machado’s candidacy, in violation of the Barbados Consensus, could not break the unity and resistance of the opposition, and this time they rallied behind retired diplomat Edmundo Gonzalez, whom Machado pointed out. Currently, Maria Machado and Edmundo Gonzalez are successfully campaigning side by side and hand in hand.
The opposition’s electoral victory will not bring absolute power
Although opinion polls point to Maduro losing the elections, it would be appropriate not to give too much credence to these predictions. On the other hand, there are some circles who are sceptical that Maduro, who has the army behind him, may not hand over power quietly. It is possible to come across some shenanigans regarding the election results. On the other hand, the opposition’s victory in the presidential elections does not mean that all the “Chavezian” public institutions and organisations that have held power for 25 years will fall under the control of the opposition in a few weeks; the victory in the presidential elections of 28 July will only be the first step towards a radical change. The purge of the judiciary and the armed forces of “Chavezian” cadres will certainly take time. Let us bear in mind that parliamentary elections will be organised next year, followed by provincial elections the following year. We can say that if the parliamentary majority and state governments are won, the Opposition will dominate the country and become powerful.
It is imperative that the Chavezists and the opposition continue their dialogue on common ground.
Relations between the government and the opposition in Venezuela have been tense beyond normal for decades. The Chávezists regard the opposition as traitors and US lackeys. The opposition, which adopts neoliberal economics and sympathises with the US, considers the leftist governments and their supporters as inferior, primitive and outdated, and considers them insulting by labelling them communists. Naturally, such extreme polarisation constitutes a serious obstacle to peace and tranquility in the country. It has become a necessity for both sides to accept each other and learn to live together in peace. In this context, the most rational option would be for the opposition to maintain dialogue with the existing Chávezist cadres and cooperate with them to overcome the problems in the event of a victory in the July 28 elections. The masses of distraught people expect from the new government, first and foremost, running water, an end to power cuts, hospitals to provide services, salaries to increase and poverty to disappear.
Hugo Chavez passes and Maduro fails
An unbiased evaluation of the Venezuelan experience of the political understanding developed by Hugo Chávez, known as “Chavismo”, shows that the first period yielded positive results, with lower and middle income people rising to the upper class.In this period, Chavez also achieved successful results in foreign relations, strengthening regional co-operation by providing various supports to Caribbean countries (especially Cuba) in difficult situations.In sum, Chávez gained credibility with the public by prioritising the needs of the poor masses in the allocation of oil revenues.Under Maduro, who took the helm after the leftist populist leader, “Chavismo” collapsed.The situation of the prioritised poor masses has worsened and people have fled their country. Maduro also failed the test of democracy, trying to intimidate the opposition with repression and driving the people away from the polls. Maduro, who also scored badly in terms of foreign relations, was virtually isolated in his region and waited for patronage from Iran, Russia and China.If asked what Maduro has achieved, I can say that he succeeded in keeping the army on his side.I could not see any other success.
If the oil sector is revived and exports increase, the economic crisis will end; what about the social crisis?
The key to getting out of the deep political and economic crisis Venezuela has fallen into is to return to the days when the country extracted 3 million barrels of oil a day and exported it without any problems.In recent years, production has fallen below one million barrels.Spending oil revenues for the welfare of the masses of people, free from corruption, would bring social peace to a country suffering from income inequality.Venezuela has collapsed mainly due to its own mistakes, and the US sanctions against the country have accelerated the collapse.If Maduro wins the elections on 28 July, it will be almost impossible to revive the crisis-ridden oil sector, increase exports, end corruption, promote social peace and restore democracy.Considering that the US is the leading natural buyer of Venezuelan oil in the region, if the united opposition wins the elections, it will be recognised that the country is highly likely to emerge from the crisis with the end of US sanctions.If Edmundo Gonzalez and his team prioritise the poor masses in the distribution of oil revenues, the problem of political polarisation will disappear and Venezuela will regain its position as the most prosperous country in the region.