Capitalism and Economic Dependency in Latin America

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“Capitalism is a world system. But some of its parts have more than their share of leadership.”(Cardoso xxi). Latin America, like much of the third and second world has received far lesser dividends from the fruits of capitalism. In fact due to its close geographic location to the united states and its strong early history of colonialism Latin America is a shining example of how economic dependency has evolved. From its moment liberation Latin America has been seen as a economic tool by the west, particularly by the USA, and continues to be economically dominated to this day. From the Eve of conquest the region has used its economic power mostly to the benefit of another nation. No conversation about Latin America can be without its heritage …show more content…

The Infamous Speech History Will Absolve Me showed that the issues of corruption and land control were just as bad, and how the USA 's Influence had lead to poverty in the nation. Fidel was an adamant Anti- Imperialist, but the USA 's interests were solely practical, even if short sighted. When Fidel returned for his second revolution the USA pulled support from the standing government once he pulled into the lead. The USA did not care who controlled the states of Latin America, only that they could control …show more content…

The USA has changed its tools over time, but its end goal has always been the same ”Collect natural resources for our corporations and keep the rest of the world from doing the same.” When possible it is done through positive trade agreements but when other nations creep in the USA is quick to militarize. Our good neighbor policy was ended after the USSR moved in, and while actions are peaceful now a new threat looms- China. Nothing speaks more to Latin America 's continued dependence on other nations than a new superpower looking for resource 's. China, much like the USSR of the past has turned to Latin America in search of an economic boost and legitimacy on the world stage. Jorge I. Domínguez writes ”China has disproportionate leverage over Latin America in trade negotiations”. For nations who have existed for almost as long as the USA why are they still so underdeveloped and dependent on the rest of the

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