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Myths and Realities: Is Latin America Really Turning Left?
A new series of social and national polarities in the Western Hemisphere has dominated political life over the past few years. At the beginning of the new millennium the national confrontation was between Cuba and the US/EU, and the social confrontations between the rural/indian and urban/unemployed movements and a continent-wide collection of neo-liberal regimes. This polarization resulted from the previous 25 years (between 1975-2000), the "Golden Age" of imperial pillage. Immense legal and illegal transfersof property, wealth, profits, interest and royalty payments flowed from Latin America to the US and the EU. The most lucrative public enterprises, valued at more than $350 billion dollars, were privatized without any of the constitutional niceties and eventually ended up in the hands of US, Spanish and other European multi-national corporations and banks. Presidential decrees by-passed congress and the electorate and dictated privileged place for foreign capital. Protests by Congress, the electorate, and national auditors were ignored.
A new series of social and national polarities in the Western Hemisphere has dominated political life over the past few years. At the beginning of the new millennium the national confrontation was between Cuba and the US/EU, and the social confrontations between the rural/indian and urban/unemployed movements and a continent-wide collection of neo-liberal regimes. This polarization resulted from the previous 25 years (between 1975-2000), the "Golden Age" of imperial pillage. Immense legal and illegal transfersof property, wealth, profits, interest and royalty payments flowed from Latin America to the US and the EU. The most lucrative public enterprises, valued at more than $350 billion dollars, were privatized without any of the constitutional niceties and eventually ended up in the hands of US, Spanish and other European multi-national corporations and banks. Presidential decrees by-passed congress and the electorate and dictated privileged place for foreign capital. Protests by Congress, the electorate, and national auditors were ignored.
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