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Because there were (and still are) real problems in Venezuela. She is a key figure in the opposition, and it's widely suspected that the opposition party won the last election, but Maduro's party fucked with the vote.
In a sane world that respects Democracy, it sends a statement that the popular will should be respected, and that the Maduro government was illegitimate. I don't think the Nobel committee expected their award to precipitate armed intervention, which is the opposite of peace.
It's even more ironic because it's not like the will of the Venezuelan people is being honored, even now. Trump is ignoring Machado's party (even after "accepting" that gift of the medal) and is extorting what is left of the government in Venezuela to funnel oil money into a secret bank account.
Basically, the award makes sense in a pre-Trump world, but he has changed all the rules. That last cheeseburger can't come fast enough....
Then they're idiots and the prize itself is worthless. That was clear as day going to be the promoted result. If they just wanted to promote democracy they could have easily chosen an activist in a country not in the process of being attacked or an activist that wasn't currently encouraging war.
I don't give them the benefit of assumed stupidity. I think they were neoliberals who were particularly concerned by the nationalized industries in Venezuela and who thought even if they found him abhorrent Trump could be a good tool to help set the imperialist-capitalist world back arright.
It's been that way at least since they gave it to known war-monger Henry Kissinger...
I don't think we disagree on that point....
Kissinger on line two, chief.