Jacobin Radio Behind the News: Venezuela’s Past, Present, and Future w/ Forrest Hylton
Jan 22, 2026
Forrest Hylton, a historian and writer focused on Latin America and a contributor to the London Review of Books, dives into the complexities of Venezuela's political landscape. He discusses the enduring influence of the military under Maduro and the historical roots of Venezuelan nationalism. Hylton highlights how oil dependence has shaped the economy, the impact of the Caracazo riots on political systems, and the challenges facing progressive movements post-Chávez. He also critiques the U.S. stance in the region and its implications for Venezuelan sovereignty.
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Spectacle Over Regime Change
- Kidnapping Maduro was a dramatic gesture but left Venezuela's governing cohort and security forces intact.
- Forrest Hylton says the seizure achieved spectacle more than concrete regime change or military disruption.
Oil Wealth Is Not Easily Reclaimed
- Venezuela's oil infrastructure is badly degraded and needs $100–200 billion to rebuild.
- Hylton argues major oil firms show little appetite to invest quickly, making 'takeover' fantasies unrealistic.
Civilian Rule Anchors Military Power
- Civilian–military cooperation has been central to Chavismo since 1998, keeping the armed forces loyal but subordinate.
- High-level military corruption exists but does not alone explain Venezuela's resilience.
