McDonnell Tells Davos: Venezuela Failed Because It’s “Not Socialist” Enough

John McDonnell has told the Davos World Economic Forum that Venezuela is in crisis because it “took a wrong turn” and strayed from the “socialist path.” Speaking to a gathering of global business and political leaders, sworn Marxist McDonnell joked that he “always gets thrown” questions on Venezuela – the collapsing hard left state he and Jeremy Corbyn have valorised for decades. Labour’s Shadow Chancellor said:

“I think would have been successful if they had actually mobilised the oil resources… I think in Venezuela they took a wrong turn, not a particularly effective path and not a socialist path.”

McDonnell’s ‘oil reserves’ explanation was comprehensively debunked last summer when the Venezuela crisis was severely embarrassing the Labour leadership. Top thought leadership from Davos man McDonnell…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Stephen Bush writing in the New Statesman‘s morning briefing…

“The terrifying truth is that the Opposition is too divided – within the parliamentary party, within the trades unions, within the Shadow Cabinet and even within the leader’s office – to be anything other than a veto player as far as Brexit goes, and the party’s whole gambit is really about trying to make that weakness look like a strength. Keir Starmer saying that Labour is “increasingly likely” to vote down the deal is simply a reflection of the fact that the one thing the Labour party will be able to agree on as far as Brexit goes is that Theresa May’s deal is no good.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.