It is difficult to find good analysis that does not follow the libertarian line that Venezuela’s difficulties are all because of “socialism”
Washington’s Intent is Economic Destabilization and “Regime Change” In Venezuela
by Stephen Lendman
31 October, 2016
Venezuela’s oil-dependent economy suffers greatly from low crude oil prices and US economic warfare – waged to destabilize the country, create enormous hardships, mobilize majority opposition to President Nicolas Maduro’s leadership, and end nearly 18 years of economic and social progress. The collapse in the price of crude oil was the result of a carefully designed speculative operation.
Neocons in Washington want control over Venezuela’s vast oil reserves, among the world’s largest. With full US support and encouragement, the right wing opposition which controls the National Assembly want Maduros ousted – its latest tactic by recall referendum as constitutionally permitted.
Once half (their) term of office…has elapsed, 20% of (registered) voters (by petition may call for) a referendum to revoke such official’s mandate.
When a number of voters equal to or greater than the number of those who elected the official vote in favor of revocation (provided the total is 20% or more of registered voters), the official’s mandate shall be deemed revoked…”