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Business as UsualThe Roots of the Global Financial Meltdown$
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Craig Calhoun and Georgi Derluguian

Print publication date: 2011

Print ISBN-13: 9780814772775

Published to NYU Press Scholarship Online: March 2016

DOI: 10.18574/nyu/9780814772775.001.0001

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The Future in Question

The Future in Question

History and Utopia in Latin America (1989–2010)

(p.231) Chapter 9 The Future in Question
Business as Usual

Fernando Coronil

NYU Press

This chapter discusses how the Latin American Left had considered the future in economic issues, stressing that it is not just social institutions that need to be rebuilt, but a cultural orientation that makes sense of economic life and connects it to personal life. In Latin America, regimes variously described as “new populist” or “new nationalist” came to power in Bolivia, Brazil, Chile, Ecuador, Nicaragua, Peru, and Venezuela. These involved different leaders, some with backgrounds in the military, some with long roles as social movement leaders, some with much deeper commitments to electoral democracy than others. For a time, the new Latin American Left inspired considerable optimism in the hope that its leaders had developed a basic challenge to rapacious neoliberalism, but the chapter notes that the current situation is far more complicated than it appears.

Keywords:   Latin America, Latin American Left, populist regimes, nationalist regimes, neoliberalism, social institutions, cultural orientation, economic life

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