Venezuela Election Aftermath: Privatization Looms

‘The right-wing coalition of parties, known as the MUD, that won a supermajority in Venezuela’s National Assembly elections Dec. 6, has laid out its plan for a radical departure from the policies and laws laid down over the past 17 years by the socialist government.

Amid news of political infighting, on Thursday evening the MUD published on its website a list of laws its lawmakers plan to overturn once they come into office Jan. 5, including revoking price controls that have kept basic goods affordable; privatizing key enterprises and services; giving foreign companies concessions for infrastructure works; strengthening local police forces; and making public media “independent,” or private.’

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