Posts Tagged ‘Jorge Casteñeda’

Neoliberalism and the Dynamics of Capitalist Development in Latin America

November 19, 2009
By James Petras and Henry Veltmeyer. Axis of Logic, Nov 19, 2009

Editor’s Note: All those interested in the political, economic and social directions being taken by the people and governments of Latin American states will do well to invest time in reading this treatise by James Petras and Henry Veltmeyer. Those who think they understand the future of the left on the continent may be surprised by what is happening in countries ranging from right wing governments such as Colombia to leftist states like Venezuela after reading this document. Time and energy given to building socialism and combatting the Global Corporate Empire everywhere in the world will be informed by neo-capitalist movements across Latin America. This analysis deserves careful study.

– Les Blough, Editor
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An analysis of the dynamics of capitalist development over the last two decades has been overshadowed by an all too prevalent “globalization” discourse. It appears that much of the Left has bought into this discourse, tacitly accepting globalization as an irresistible fact and that in many ways it is progressive, needing only for the corporate agenda to be derailed and an abandonment of neoliberalism. This is certainly the case in Latin America where the Left has focused its concern almost exclusively on the bankruptcy of “neoliberalism”, with reference to the agenda pursued and a package of policy reforms implemented by virtually every government in the region by the dint of ideology if not the demands of the global capital or political opportunism. In this concern, imperialism and capitalism per se, as opposed to neoliberalism, have been pushed off the agenda, and as a result, excepting Chavéz’s Bolivarian Revolution, the project of building socialism has virtually disappeared as an object of theory and practice.
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