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Why do rich people hate Venezuela?

Venezuela is the poster child for reversing the power of the 1% and for using wealth to eradicate poverty. So why is the U.S. paying saboteurs to destroy their power grid?

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According to the United Nations, Venezuela has consistently reduced inequality: It now has the lowest income inequality in the region. We have reduced poverty enormously-- to 25.4 percent in 2012, on the World Bank’s data, from 49 percent in 1998; in the same period, according to government statistics, extreme poverty diminished to 6 percent from 21 percent.

We have created flagship universal health care and education programs, free to our citizens nationwide. We have achieved these feats in large part by using revenue from Venezuelan oil.

…The claims that Venezuela has a deficient democracy and that current protests represent mainstream sentiment are belied by the facts. The antigovernment protests are being carried out by people in the wealthier segments of society who seek to reverse the gains of the democratic process that have benefited the vast majority of the people.

Antigovernment protesters have physically attacked and damaged health care clinics, burned down a university in T�chira State and thrown Molotov cocktails and rocks at buses. They have also targeted other public institutions by throwing rocks and torches at the offices of the Supreme Court, the public telephone company CANTV and the attorney general’s office. These violent actions have caused many millions of dollars’ worth of damage. This is why the protests have received no support in poor and working-class neighborhoods.

The protesters have a single goal: the unconstitutional ouster of the democratically elected government. Antigovernment leaders made this clear when they started the campaign in January, vowing to create chaos in the streets. Those with legitimate criticisms of economic conditions or the crime rate are being exploited by protest leaders with a violent, antidemocratic agenda.

In two months, a reported 36 people have been killed. The protesters are, we believe, directly responsible for about half of the fatalities. Six members of the National Guard have been shot and killed; other citizens have been murdered while attempting to remove obstacles placed by protesters to block transit.
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