The Intelligence from The Economist Putsch comes to shove: Venezuela
May 1, 2019
In this enlightening discussion, Stephen Gibbs, an Economist correspondent reporting from Caracas, dives deep into the ongoing turmoil in Venezuela as Juan Guaidó attempts to seize power from Nicolás Maduro. He reveals the complexities and missteps of the uprising. Daniel Knowles, an international correspondent, joins to explore the broader dynamics of coups worldwide, including factors behind their success and failure. They also touch on a dramatic embassy raid that highlights the perilous life of North Korean dissidents, making for a riveting conversation on power and resistance.
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Scene in Caracas
- Stephen Gibbs was awakened by the sound of pots and pans, a traditional form of protest in Venezuela.
- He witnessed Juan Guaido calling for a military uprising, with soldiers wearing blue armbands to symbolize defection.
Guaido's Support
- While Guaido has gained popularity, much of it stems from being an alternative to Maduro.
- Maduro's unpopularity is evident given his re-election bid amidst a severe recession and hyperinflation.
Military Allegiance
- Guaido's success hinges on military support, but high-ranking generals benefit from the current corruption.
- The armed forces are deeply politicized, loyal to the socialist revolution, making defection difficult.