Washington had played a risky card in its haste and lost on - TopicsExpress



          

Washington had played a risky card in its haste and lost on several fronts: First of all, US support for the coup strengthened the anti-imperialist sectors of Chavez’s Bolivarian movement. Chavez discarded any residual illusions of ‘reaching an accommodation’ with Washington. Secondly, the loss of key military assets weakened Washington’s hope for a future military coup. Thirdly, the complicity of the business groups weakened their ability to influence Chavez’s economic policies and nudged him toward a more statist economic strategy. Fourthly, the mass mobilization of the poor to restore democracy moved the government to increase spending on social welfare programs. Anti-imperialism, the demand for social welfare and the threat to Venezuelan national security led Chavez to establish strategic ties with Cuba, as a natural ally.
Posted on: Thu, 24 Oct 2013 10:58:26 +0000

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