Maduro can only be brought down from withinby Lucinda Elliott / August 11, 2017 / Leave a comment
Published in September 2017 issue of Prospect Magazine
Nescafé’s instant coffee machine at Maiquetía international airport only accepts 100 denomination bills. Twenty-five notes inserted later, a watery latte at a new standard price of 2,500 worthless Venezuelan bolivars is served. Inflation is one of the many problems President Nicolás Maduro’s government will continue to face regardless of the success of his recent power grab.
Venezuela’s president first announced in May he would be re-writing the constitution of his mentor and predecessor, Hugo Chávez, as a way to bring about “peace and reconciliation” after weeks of violent demonstrations against the shambolic state of the economy. A new assembly would be created, with the potential powers to dissolve the opposition-controlled parliament, scrap future elections and draft new laws. Its powers, in theory, even exceed those of the president himself.
Protests continued—more than 100 people have now been killed by security forces— but on the streets of Caracas there was never a sense that Maduro could be stopped. Neighbours setting up barricades from bits of old furniture in dutiful protest against plans to bring to an effective end 60 years of multi-party democracy felt helpless. Two-day civil strikes were not enough. Life will carry on, said one local baker whose business remained open on the first call to strike. The majority of those who can bring about change in Venezuela, he argued, are abroad. Those that are left will just “muddle through.” Thousands more fled across the border into Colombia the day prior to the vote for fear their count…