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Home » Transcript: Nobel Peace Prize Winner María Corina Machado on All-In Podcast

Transcript: Nobel Peace Prize Winner María Corina Machado on All-In Podcast

Read the full transcript of Nobel Peace Prize winner María Corina Machado’s interview on All-In Podcast with host David Friedberg on “Defeating Maduro, Socialism & Freeing Venezuela”, October 28, 2025.

Introduction and Background

DAVID FRIEDBERG: María 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.

MARÍA CORINA MACHADO: Thank you very much, David. It’s my pleasure.

DAVID FRIEDBERG: 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 González.

After the vote for the general election for the presidency, your party presented evidence that claimed that you had won 69.5% of the vote, 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 Chávez 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.