All-In with Chamath, Jason, Sacks & Friedberg
Nobel Peace Prize Winner: María Corina Machado on Defeating Maduro, Socialism & Freeing Venezuela
28 Oct 2025
(0:00) Friedberg introduces 2025 Nobel Peace Prize Winner María Corina Machado (4:27) Venezuela before and after Chavez (15:25) Why María got involved in politics and why she was expelled (24:33) Why Maduro was chosen and Chavez's successor, China relationship, why people are fleeing (31:27) Intimidation tactics by the Maduro regime, response to claims of her being a "Western puppet" (39:30) Presidential run, election fraud, how different US regimes have viewed Venezuela (54:23) The rise of socialism in the US Follow María: https://x.com/MariaCorinaYA Learn more about the 2025 Nobel Peace Prize: https://www.nobelpeaceprize.org/articles/nobels-fredspris-2025-1 Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect
Full Episode
Maria Corina Machado, welcome to the All In interview, and thank you for being here with me today. And congratulations on winning the Nobel Peace Prize two weeks ago. Thank you very much, David. It's my pleasure. Today, you are in hiding. In October of 2023, you won the presidential primary election in Venezuela. Last March, you were disqualified from running in the general election.
You appointed, ultimately, a surrogate, Edmundo Gonzalez. After the vote for the general election for the presidency, your party presented evidence that claimed that you had won 69.5% of the votes, while Maduro, through the National Electoral Council, declared that he was the winner with 51% of the votes.
This is the recap of a very long story of the Maduro regime and prior to that, the Chavez regime and its effect on the people of Venezuela, which you have tried to bring to light on the global stage.
I was hoping to frame up the story for our audience who may not know the history of Venezuela very well by talking a little bit about the background of the country and how your childhood and your youth brought you to the stage that you're on today.
And just to provide a little bit of background and forgive me for my lengthy introduction, but I think it's important for folks to understand that the discovery of oil in Venezuela in 1914 began an economic boom that really kicked off in 1922. Today, Venezuela has proven oil reserves of 300 billion barrels, the number one proven oil reserve in the world.
Saudi Arabia is number two at 266 billion and the US is at 48 billion. Over the decades that followed the discovery of oil in Venezuela, there was initially an improvement in the economy through the investment by the Seven Sisters, which are a group of seven oil companies. And ultimately, there was a transition in the country to nationalize oil production.
And that led to, I think, the story that brings us here today. So Maria Karina, again, thank you for being here. Maybe you could tell us a little bit about your youth.
Well, first of all, I have to thank you because this is a unique, decisive moment in Venezuela. We've been under this tyranny that has turned into a real criminal structure for 26 years that have turned what used to be one of the freest and richest countries in the Americas into one of the poorest countries. and with a third of our population forced to flee. So imagine what a tragedy.
It shows that you can have huge, unique natural endowments, but that's not wealth. You need talent, you need institutions, and you need freedom. in order to turn that in the well-being of your people. I was born in an incredible family. I thank the Lord because we have a huge family, like Latin American family, like to be together, hanging around all the time.
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