The Caracazo
The Caracazo or sacudón is the name given to the wave of protests, riots and looting and ensuing massacre[1] that occurred on 27 February 1989 in theVenezuelan capital Caracas and surrounding towns. The riots — the worst in Venezuelan history — resulted in a death toll of anywhere between 275 and 3,000 deaths,[2] mostly at the hands of security forces.The main reason for the protests were the neoliberal, pro-market reforms imposed by the government of Carlos Andrés Pérez, who had recently been elected in a campaign where he promised the oppositeof such reforms.[1]
The word Caracazo is the name of the city plus the suffix -azo, which implies a blow and/or magnitude. It could therefore be translated as something like "the Caracas smash" or"the big one in Caracas". The name was inspired by the Bogotazo, a massive riot in neighboring Colombia in 1948 that played a pivotal role in that country's history. Sacudón is from sacudir "to shake",and therefore means something along the lines of "the day that shook the country" (see Spanish nouns: Other suffixes.)
The words are pronounced [kaɾaˈkaso] and [sakuˈðon], respectively.
Contents [hide]
1 Lead-up
2 Protests and rioting
3 Consequences
4 See also
5 Further reading
6 References
7 External links
[edit]Lead-up
In the context of the economic crisis that Venezuela had beengoing through since the early 1980s, President Carlos Andrés Pérez proposed to implement free-market reforms in his second presidential term (1989–1993), following the recommendations of theInternational Monetary Fund (IMF). Pérez belonged to the Acción Democrática (AD) party (social-democrat). This programme was known as the paquete — the "package".
His cooperation with the IMF followed ratherquickly after his victory in the 1988 presidential election, during which he ran a populist, anti-neoliberal campaign describing the IMF as "a neutron bomb that killed people, but left buildings...
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