Monday, November 07, 2005

Anti-Capitalism in Latin America

Carlos Ball:

The fact is, U.S.-Latin American relations are at one of their lowest historical points. The majority of Latin intellectuals traditionally have felt a deep and secret inferiority complex toward the U.S., blaming it for everything bad that takes place in the hemisphere. They have taught in both public and private schools and universities for three generations, and finally have seen their favorite students reach the top political positions not only in Venezuela, Argentina, Brazil, Uruguay, Ecuador, Paraguay, and Bolivia, but also again in Chile, where the highly successful accomplishments and the good name of the "Chicago boys" are being meticulously trashed by official lies and horrendous judicial decisions, while Allende's followers are treated as victims and "compensated" from the state coffers...

Unfortunately, socialism and communism have a growing number of advocates in Latin America, while capitalism has no clear support coming from Washington. Instead, too many recycled civil servants enjoy the tax-free life and great power of their current positions at the International Monetary Fund, World Bank, Inter-American Development Bank, and all the U.N. outposts, from where they support failed policies of big government and higher taxes. Is it any wonder some Latin friends of the U.S. feel betrayed?


Anonymous Anonymous said...


8/29/2008 1:47 AM  

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