Ep. 5447 – Steve Ellner on the Attempted US Destruction of Venezuela – 1/22/2021

Steve Ellner discusses the economic and political situation in Venezuela, and the U.S. role in pushing the country to where it is today. Ellner dispels a common misconception, which is that foreign influence has had little to do with Venezuela’s recent problems compared to mismanagement by the socialist governments of Chavez and Maduro. This has certainly played some role, Ellner concedes, as have falling oil prices, but he insists that by far the greater factor has been U.S. meddling during the Obama and Trump administrations. Under the Trump administration in particular, says Ellner, multiple coup attempts and the constant threat of military force have scared international companies out of Venezuela, on top of official sanctions on things like Venezuelan gold and the cryptocurrency they tried to develop when the bolivar collapsed. Ellner argues that the Trump administration was uniquely bad on Venezuela policy, and hopes that Biden’s presidency will bring a change for the better—but with Biden appearing to still endorse the radically unpopular opposition government of Juan Guaidó, he’s off to a less than promising start.

Check out the interview page here

For more on Scott's work:

Check out The Libertarian Institute

Read Scott's book, Fool's ErrandTime to End the War in Afghanistan

Follow Scott on Twitter using the handle @scotthortonshow

Like Scott's Facebook Page

And check out Scott's full interview archives

You can also support Scott's work by making a onetime or recurring donation at

Or you can donate per interview at Patreon