The Trump administration has managed, in its proposed oil “accord” with Venezuela, to combine its love for state crony capitalism with a yearning for 19th-century imperialism. It is the capstone of U.S. President Donald Trump’s Weltanshauung.
The oil agreement announced over the weekend between the United States and Venezuela is, from Washington’s point of view, meant to be the payoff for the January military operation and change of leaders (if not regime change) in Caracas. Trump proposed at the time to take Venezuela’s oil, as he had previously rued the United States’ failure to take Iraq’s oil. This is his effort to do so. And it has confused people across many continents.
The Trump administration has managed, in its proposed oil “accord” with Venezuela, to combine its love for state crony capitalism with a yearning for 19th-century imperialism. It is the capstone of U.S. President Donald Trump’s Weltanshauung.
The oil agreement announced over the weekend between the United States and Venezuela is, from Washington’s point of view, meant to be the payoff for the January military operation and change of leaders (if not regime change) in Caracas. Trump proposed at the time to take Venezuela’s oil, as he had previously rued the United States’ failure to take Iraq’s oil. This is his effort to do so. And it has confused people across many continents.
