William Serafino

MISIONVERDAD | February 17, 2023

The narrative about the Venezuelan government’s shift towards a neoliberal economic policy has been going on for some time now and has been promoted by the mainstream media. Presented as a bombastic slogan, as a general and extravagant yet blurry statement, this narrative is based on unconnected fragments of reality that lead to an incongruous and unreadable mosaic.

For those who propagate this narrative, the supposed neoliberalism of President Nicolás Maduro is defined by so many things at once that it is difficult to see where the central point that verifies his supposed ideological conversion really lies.

Read More »

Venezuela: Sanctions against PDVSA add weakness to the dollar

Werther Sandoval

Últimas Noticias | May 02, 2023

If oil is bought in and with dollars, then, the US denying that currency the possibility of buying that hydrocarbon, its main asset, the currency remains an orphan, free, wandering through the world monetary torrent looking for other assets to acquire, putting pressure on prices to justify their existence.

It is there where, modestly, the US sanctions that prevent PDVSA from negotiating its proposal and still distant production of 2 million barrels per day, economically and ecologically prudent flow; or the 3 million of past times, or the illusion of 6 million included in all the plans of the Bolivarian and opposition governments, contribute to the US currency its gradient of restlessness, of abandonment.

Read More »

Latin America Celebrates International Workers’ Day

teleSUR | May 01, 2023

A Bolivian poster in honor of International Workers’ Day. | Photo: Twitter/ @MindeGobierno

In countries like Argentina and Ecuador, mobilizations are expected against the interference of the International Monetary Fund (IMF) in domestic economic policies.

On May 1, Latin American workers will mobilize to defend their rights and commemorate International Workers’ Day.

Read More »

Latin American Development in Historical Perspective

Nicolás Grinberg

Historical Materialism | April 05, 2023


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.

Read More »

In Peru the fight against Dina Boluarte continues

Harsh Thakor

Countercurrents | February 17, 2023

The protests of the Peruvian people staged against the dictatorial government of Dina Boluarte have been taking place for more than a month and, in recent days; have taken on more intensive and generalised form. Road blocks and important demonstrations in several regions of the country have been routine, like in Puno, Arequipa, Junín, Cusco and Apurímac.

The unanimous cry of the people raised in protest is to demand the resignation of Boluarte, the closure of Congress, the immediate call for elections and the freedom of Pedro Castillo. If these demands are rejected, the protests will intensify, in a more resilient manner. For their part, representatives of the government have not been able to hide a series of highly repressive measures, which seek to manipulate the circumstances and control the crisis created by the ruling classes of the neighbouring country.

Read More »

Crisis Prolongs In Peru, State Of Emergency Extended

Countercurrents | February 06, 2023

Since the ouster and imprisonment of democratically elected President Pedro Castillo in Peru political crisis is prolonging in the country as people’s revolt against the rightist government is spreading across the country, and the government is increasing repressive measures instead of taking measure for a democratic approach. Daily protesters around Peru have blocked highways with trees, boulders and tires, taken over regional airports and burned buildings, impacting goods transport, business and the operation of some key mines in the world’s No. 2 copper producer.

Demonstrators are demanding the dissolution of Congress, a new constitution, and the resignation of Boluarte, who as vice president took over with Castillo was ousted.

Read More »

Tens of thousands on the streets of Peru in national strike

The pro-democracy protests have received the support of several celebrities, universities and progressive political parties

Peoples Dispatch | January 19, 2023

National strike in Cusco. Photo: Wilson Chilo / Wayka

Tens of thousands of Peruvians from across the country arrived in the capital Lima to take part in a national strike called for today, January 19, to reject the legislative coup against former president Pedro Castillo and demand the immediate resignation of the de-facto president Dina Boluarte.

Peasant and Indigenous communities together with members of numerous social organizations and trade unions from all regions of Peru traveled in caravans to reach Lima. The caravans were organized as a part of the second ‘Marcha de los Cuatro Suyos’ or ‘March from the Four Corners’ to bring the voices of the excluded masses of deep Peru to the seat of power.

The organizations have called to hold marches from different parts of Lima to the center of the city against the Boluarte government under the banner of ‘Toma de Lima’ or ‘Taking of Lima.’ The marches are especially organized to condemn the brutal police and military repression the de-facto government has unleashed against peaceful protests as well as to demand justice for the victims.

Read More »

Protests In Peru Persist

Countercurrents | January 12, 2023

People are protesting Rightist government moves ousting President Pedro Castillo.

Tweeting from jail on Tuesday, Castillo said history will remember Peruvians “murdered for defending the country from the coup dictatorship,” and that “terror is the last bullet of a regime cornered by the people.”

At least 47 people have died in connection with the protests, according to official government figures published on Tuesday. This includes 39 protesters, as well as seven civilians who perished in “traffic accidents linked to protest roadblocks,” and a police officer.

Media reports said:

Protesters in the southern city of Juliaca ambushed a patrol car after 17 local civilians were killed the day prior, in a confrontation with police.

Read More »

Economics Cannot be Separated from Politics

[Formerly titled: On Growth and Imperialism]

Che Guevara

August 8, 1961

Che Guevara’s speech on behalf of the Cuban government to the ministerial meeting of the Inter-American Economic and Social Council (CIES), sponsored by the Organization of American States (OAS) at Punta del Este, Uruguay, on August 8, 1961. Head of the US delegation, Douglas Dillon, presented Washington’s recently proclaimed Alliance for Progress for official ratification by the meeting. The conference was presided over by Uruguayan President Eduardo Haedo.

Mr. President;
Distinguished delegates:

Like all the delegations, we must begin by expressing our appreciation to the government and people of Uruguay for the cordial reception they have given us during this visit. I would also like to personally thank the distinguished presi dent of this gathering for the gift he made to us of the com plete works of Rodó, and would like to explain to him the two reasons why we are not beginning this presentation with a quotation from that great Latin American. The first is that I went back to Ariel after many years, looking for a passage that would express, at the present time, the ideas of someone who is, more than a Uruguayan, a man of our Americas, an American from the Río Bravo to the south. But Rodó expresses throughout his Ariel the violent struggle and the contradictions of the Latin American peoples against the nation that 50 years ago was already interfering in our economy and in our political freedom. And it was not proper to quote this in someone else’s house.

Read More »