Bolivia: The Next Explosion After Venezuela and Nicaragua
November 14, 2018Luis Fleischman
The international community must speak up before it is too late
While the Financial Times and some other mainstream media have described Bolivia as having a successful business model, these publications along with certain academics have overlooked its political tilt towards authoritarianism.
Bolivian President Evo Morales has been praised— despite his anti-capitalist and anti-Western rhetoric— because he has acted pragmatically, seeking foreign investment and maintaining partnerships with foreign companies in their exploitation of natural energy resources.
Some have argued that although Morales campaigned in favor of nationalizing industries such as oil and gas, his nationalization programs have in reality been limited to the renegotiation of energy contracts with foreign companies. Morales continues to maintain communication with private banks and other capitalistic elements. Likewise, he has also courted support from Wall Street.
https://www.centerforsecuritypolicy.org/2018/11/14/bolivia-the-next-explosion-after-venezuela-and-nicaragua/
