Blood for stonks
TL;DR
A new Polymarket account bet on Venezuelan leader Nicolás Maduro's ouster by end of January. After a US invasion led to his capture and casualties, the account profited nearly $500,000, highlighting a disturbing capitalist exploitation of violence.
On December 31st, a brand-new account on Polymarket placed a bet: Nicolás Maduro, the leader of Venezuela, would be out of office by the end of January. It was the first in a series of increasing bets. On January 3rd, the US bombed the Venezuelan capital, kidnapped Maduro and his wife, and killed at least 80 people along the way. The account cashed out with almost half a million dollars.
It would be a misread to describe the surprise invasion of Venezuela as imperial expansion driven by the dictates of capitalism; it is, somehow, worse. Normal capitalism requires a working relationship with reality. Normal capitalism thrives on predictabili …