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

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...