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Latin America in Search of an Alternative

James Petras :: 16.06.17

Many experts and commentators describe the political process in Latin America as one of ‘alternating right and left governments’. Journalists focus on the abrupt regime changes from democratic to authoritarian; from neo-liberal to progressive programs; and from oligarchs to populists.

The financial media present the ‘right’s’ socially regressive policies and strategies as ‘reforms’, a euphemism for the re-concentration of wealth, profits and property into the hands of foreign and domestic oligarchs.
Leftwing intellectuals and journalists paint an image of socio-economic transformations under Latin America’s ‘left’ regimes where ‘the people’ take power, income is redistributed and growth flourishes.

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