The paper challenges mainstream theories of Latin American development, showing their theoretical weaknesses and pointing to their role in ideologically mediating the region’s ‘truncated’ capitalism. To that end, the paper presents an alternative view of Latin American development that starts by considering capitalist social reproduction as a worldwide process and regional/national politico-economic development as mediations in the structuring of global capital accumulation. Latin America’s specific variety of capitalism is understood to have emerged from its original transformation by expanding European capital into a place to produce raw materials under favourable natural conditions. On the one hand, this has reduced their price and that of the labour-power directly or indirectly consuming them; on the other, it has resulted in a flow of surplus-value towards the owners of those natural conditions of production. The historical development of Latin American societies has expressed the partial overcoming of that antagonistic relationship between rent-paying capital and rent-appropriating landed property.
At least 14 countries in Latin America and the Caribbean have condemned the coup in Peru, backing President Pedro Castillo. The unelected regime, which has killed dozens of protesters, has the staunch support of the US and the region’s right wing.
More than a dozen countries in Latin America and the Caribbean have condemned the coup in Peru and backed democratically elected President Pedro Castillo.
Meanwhile, the US government has staunchly supported the coup regime, which has suspended civil liberties, imprisoned Castillo for 18 months without trial, and unleashed extreme violence on Peruvian protesters, killing dozens and wounding hundreds.
The US ambassador in Peru, Lisa Kenna, worked for the CIA for 9 years, as well as the Pentagon. One day before the coup against elected left-wing President Pedro Castillo, Kenna met with Peru’s defense minister, who then ordered the military to turn against Castillo.
The US ambassador in Peru, a veteran CIA agent named Lisa Kenna, met with the country’s defense minister just one day before democratically elected left-wing President Pedro Castillo was overthrown in a coup d’etat and imprisoned without trial.
Peru’s defense minister, a retired brigadier general, ordered the military to turn against Castillo.
Argentina has constantly been trapped over two centuries in unpayable external debt owed to foreign imperial powers. This affects the everyday life of everyone: inflation, salaries, employment, public services, elections. Here is a brief history of the deuda.
The deuda (“debt” in Spanish) is one of the most persistent elements in the two centuries of Argentina’s history. It has conditioned the political life and the economy of the country like no other factor, for generations.
But this should not be confused with just any debt. The word deuda normally refers to the external debt (both public and private), a debt owed to foreign creditors.
Historically, the key aspect of the deuda is that it is based on a foreign currency, the world trade currency controlled by the ruling empire. It was once the British pound. Since 1944 it has largely been the US dollar.
On Thursday, September 1, Argentina’s Vice President Cristina Fernández de Kirchner narrowly escaped an assassination attempt after a man aimed a handgun at point-blank range at her, but the gun did not fire.
The incident took place outside Fernández de Kirchner’s home in Buenos Aires’ Recoleta neighborhood, where hundreds of protesters have been gathered since last week to express their support for the former president in the face of the judicial and political persecution against her.
Fernández de Kirchner was greeting supporters outside her home, after returning from the senate, when a man emerged from the crowd, raised a handgun to her face, and attempted to shoot, but the gun seemed to misfire. The incident was captured by television cameras that were at the scene.
The President of the Republic, Nicolás Maduro, congratulated the Colombian people and Gustavo Petro after his inauguration as President of Colombia, this Sunday in the city of Bogotá.
Through his Twitter account, the Head of State greeted the Colombian people and their new president.
«I extend my hand to President Gustavo Petro and the Colombian people, to rebuild brotherhood on the basis of respect and love. Let’s take advantage of this second opportunity mentioned by the new President of Colombia, for the sake of happiness and peace. Congratulations!” Maduro posted.
By recognizing Nicolás Maduro as the constitutional president of Venezuela, the elected president of Colombia, Gustavo Petro, opens a door for a refreshing of bilateral relations, historian Ydelfonso Finol said on Sunday.
“It is interesting that Petro said that the constitutional president of Venezuela is Nicolás Maduro. This allows a refreshing of relations between Venezuela and Colombia, and the normalization of contact between the embassies of our nations », he said during the program Here with Ernesto, broadcast on VTV.
He asserted that the brotherhood between Caracas and Bogotá is still in force, since it was determined by the Liberator Simón Bolívar, who this Sunday celebrates 239 years of his birth.
Venezuela expressed its solidarity with the Argentine people, for their claim to the Malvinas Islands, on the 40th anniversary of the military confrontation between Argentina and the United Kingdom for control of the South Atlantic archipelago.
“Commemorating 40 years of the Malvinas War, Venezuela reaffirms, together with the member countries of CELAC, its solidarity with the people and Government of Argentina in its just territorial claim over the Malvinas Islands, a legacy of European colonialism in our continent” Foreign Minister Felix Plasencia wrote on Twitter.
US policy towards Latin America and the Caribbean continued in a seamless transition from Trump to Biden, but the terrain over which it operated shifted left. The balance between the US drive to dominate its “backyard” and its counterpart, the Bolivarian cause of regional independence and integration, continued to tip portside in 2021 with major popular electoral victories in Chile, Honduras, and Peru. These follow the previous year’s reversal of the coup in Bolivia.
Central has been the struggle of the ALBA (Bolivarian Alliance for the Peoples of our America) countries – particularly Venezuela, Cuba, and Nicaragua – against the asphyxiating US blockade and other regime-change measures. Presidential candidate Biden pledged to review Trump’s policy of US sanctions against a third of humanity. The presumptive intention of the review was to ameliorate the human suffering caused by these unilateral coercive measures, considered illegal under international law. Following the review, Biden has instead tightened the screws, more effectively weaponizing the COVID crisis.