Latin America Risk Report

Latin America Risk Report

The Competition for Political Legitimacy in Venezuela - December 2019

If Venezuela's situation is about repression, the loyalty of security forces, and power politics, why do Maduro and Guaido keep fighting over the details of the constitution and institutions?

James Bosworth (Boz)
Dec 18, 2019
∙ Paid

Yesterday, I wrote about things that keep Maduro in power and ended up summarizing that his stability is dependent on three factors: cash flow, international alliances and the loyalty of those around him. 

The technical and legal merits of legislative immunity and long-distance legislative voting didn’t make my list of things that matter to Maduro’s stab…

Keep reading with a 7-day free trial

Subscribe to Latin America Risk Report to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2026 Hxagon, LLC · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture