Center for Economic and Policy Research | April 12, 2022
On April 11, 2002, Venezuela’s democratically elected government, headed by Hugo Chávez Frías, was ousted in a military coup d’etat. Then, dramatically, two days later, the coup was overturned by a mass mobilization of Venezuelans. They demanded the restoration of democracy and the return of a government that appeared to be making good on its commitment to redistribute Venezuela’s oil wealth to benefit the country’s most marginalized sectors. These events led to lasting ramifications not just for Venezuela, but for Latin America and the Caribbean as a whole, paving the way for a “pink tide” of progressive movements that took power democratically throughout the region. In many cases, similar power struggles ensued, pitting left-leaning governments supporting economic and social gains for the poor, the working class, and marginalized communities, against powerful factions of society seeking, generally, to maintain a status quo that has served to benefit mostly a small number of elites and foreign interests while exploiting and repressing the majority population.Read More »
Peoples Dispatch | April 10, 2022
On April 7, the socialist government of Venezuelan President Nicolás Maduro celebrated the delivery of a record 4 million homes to its citizens as part of a social housing program called the Great Housing Mission of Venezuela (GMVV). During a joint radio and television broadcast, President Maduro emphasized that the handing over of the 4 million homes was a “historic” event and a “world record.” “Nothing and no one is going to stop us,” he added.
The GMVV’s 4 millionth house was handed over in the “Bicentennial Battle of Bomboná” urban development, located in the Sotillo municipality in Anzoátegui state by Governor Luis Marcano. During the telecast, Governor Marcano proudly reported that “those who today inhabit these 200 homes were working on its construction.”Read More »