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Is Venezuela’s Socialism at an End?

14 1
03.01.2026

In Europe and the United States, there is debate about whether the actions of the U.S. and the arrest of Maduro are in accordance with international law – and of course, this can be debated.

The U.S. argues that Maduro is not the legitimate president of Venezuela. That is true: he massively rigged the election in July 2024. Shortly after the election, I met Adriana Flores Márquez, a libertarian activist who was active in the resistance in Venezuela and worked closely alongside Maria Corina Machado, who received the Nobel Peace Prize in 2025. Maria also fled to Argentina, where I met her. She said that the opposition’s candidate (Machado herself was not allowed to run) had received around 70 percent of the vote.

The U.S. argues that Maduro is a drug trafficker and was therefore arrested. This too has been known for years: the socialists in Venezuela earn their money primarily through drug trafficking, while nothing else works anymore in the country with the world’s largest oil reserves.

For many people in Venezuela today, the most important thing is this: the dictator is no........

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