The Inflation Crisis in Latin America

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This inflation crisis also polarizes sapa. And the left comes out talking about, you know, initially structuralthe structural approach being a more holistic, moderate approach. But many nos radicalizing alongside the working classes in these countries to critique the monitor of stabilization plans as in favor of capitalist elits. The idea of sente brifery was very powerful and commanding but it could be taken in many different directions.

Historian Margarita Fajardo on her book The World That Latin America Created: The United Nations Economic Commission for Latin America in the Development Era. Fajardo discusses the Latin American economists at the Economic Commission for Latin America and the Caribbean (CEPAL) who conceptualized the division of the global economy between center and periphery, and how that later gave rise to dependency theory and world systems theory. Plus Cuban Revolution and the Alliance for Progress, Allende's democratic road to socialism and right-wing coups in Chile and Brazil—and more. Support The Dig at Patreon.com/TheDig