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So what had happened in Nicaragua since Daniel Ortega became the president once again in 2007 and was reelected two more times? I really hadn’t paid much attention to the country other than to call attention to what was obviously an environmentally unsound project to build a new canal underwritten by a Chinese investor.

After reading more than a hundred pages of mostly scholarly material from behind the JSTOR paywall, I have come to the conclusion that Ortega can be described in Marxist terms as a left Bonapartist or what is commonly known in Latin America as a caudillo. He abandoned the FSLN’s original program that promised once in power to “plan the national economy, putting an end to the anarchy characteristic of the capitalist system of production.” Instead, he embraced capitalist measures, even to the point of enlisting the support of COSEP, the powerful instrument of Nicaragua’s bourgeoisie. However, unlike Violetta Chamorro, whose neoliberal policies tore apart the country in much the same way that Pinochet’s did in Chile, he adopted what Ortega’s economic adviser Bayardo Arce called a “market economy with a preferential option for the poor”.

full: https://louisproyect.org/2018/05/04/nicaraguan-contradictions/
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