
In his book “Open veins of Latin America” of 1973, Uruguayan thinker Eduardo Galeano, wrote the following about Venezuela:
“Almost half the profits US capitalists take from Latin America come from Venezuela… Every day Venezuela produces 3.5 million barrels of petroleum to move the capitalist world’s industrial machinery, but four-fifths of the concessions owned by Standard Oil, Shell, Gulf, and Texaco are untouched reserves and over half the value of exports never returns to Venezuela. No country has yielded as much for world capitalism in so short a time.”
How did this happen? Galeano continues.
“At the end of 1922 the La Rosa oil well started gushing 100,000 barrels a day, and the petroleum orgy was on… plains and forests resounded for the first time with Oklahoma and Texas accents, and in the bat of an eye seventy-three companies were born.
The carnival king of the concessions was Venezuelan dictator Juan Vicente Gómez. While the black geysers spouted on all sides, Gómez took petroleum shares from his bursting pockets to reward his friends, relations, and courtiers… The dictator’s favorites sold concessions to Standard Oil, Shell, and Gulf. Native communities were robbed of their land, and many families lost their holdings.
The Venezuelan petroleum law of 1922 was drafted by representatives of three US firms… Tax cuts in 1954 afforded Standard Oil an additional $300 million in profits. In 1957, the biggest Rockefeller’s enterprise in Venezuela, Creole, had declared profits equaling almost half of its total investment…”
Throughout history, the United States has benefited from corrupt and obedient dictators that let them exploit their countries’ resources. And those dictators who are not aligned with US interests are sought to be removed by any means possible.
We can be glad that a vicious dictator like Maduro was ousted and at the same time criticize the coercion set in its place. While the US has been very clear that its main interest is Venezuela’s oil, nowhere in its plans is the use of this resource to help the Venezuelan people or bring a real democracy. It’s pure exploitation in the old imperialist style.
“Yo entiendo la felicidad como una relación de armonía, como una relación estrecha de la persona con la sociedad, con los que tiene próximos y con el medio ambiente.” – José Saramago