Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Nick Lichtenberg

Before Maduro arrest, Nobel Prize winner said Venezuela has a $1.7 trillion opportunity to privatize over 500 companies and undo socialist ‘disaster’

María Corina Machado (Credit: Fortune)

Months before the U.S. military arrested Venezuela’s Nicolás Maduro, opposition leader María Corina Machado called for what she described as the most ambitious economic transformation in the nation’s history—a sweeping privatization aimed at reversing his policies and what she calls “the disaster this socialist system has wrought.”

Appearing virtually on the Fortune Global Forum stage in Riyadh, Machado, while in hiding from the Maduro regime, unveiled a bold vision to rebuild Venezuela’s shattered economy through large-scale private investment.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.