Latin America: Rightwing Interlude and the Death Rattle of Neoliberalism
LATIN AMERICA & THE CARIBBEAN, 10 Sep 2018
5 Sep 2018 – Business writers, neo-liberal economists and politicians in North America and the EU heralded Latin America’s embrace of a ‘new wave of free markets and free elections’. Beginning in 2015 they predicted a new era of growth, stability and good government free of corruption and run by technocratic policy-makers.
By early 2018 the entire neo-liberal edifice was crumbling, the promises and predictions of a neoliberal success story were forgotten. The ‘naysayers’ were in ascendancy.
This paper will discuss the recent rise of a so-called ‘neo-liberal wave’ or right turn and the regimes directing it.
James Petras is a Bartle Professor (Emeritus) of Sociology at Binghamton University, New York. He is the author of more than 62 books published in 29 languages, and over 600 articles in professional journals. He has a long history of commitment to social justice, working in particular with the Brazilian Landless Workers Movement for 11 years. In 1973-76 he was a member of the Bertrand Russell Tribunal on Repression in Latin America. He writes a monthly column for the Mexican newspaper, La Jornada, and previously, for the Spanish daily, El Mundo. He received his B.A. from Boston University and Ph.D. from the University of California at Berkeley.
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