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This text examines the obstacles Latin American countries face in their efforts at democratic reform, including political institutions, a strong authoritarian tradition, the influence of neoliberal economic policies, the shortsightedness of the ruling classes and hopelessness among the poor.
The end of the Cold War ushered in an age of American triumphalism best characterized by the "Washington Consensus:" the idea that free markets, democratic institutions, limitations on government involvement in the economy, and the rule of law were the foundations of prosperity and stability. The last fifteen years, starting with the Asian financial crisis, have seen the gradual erosion of that consensus. Many commentators have pointed to the emergence of a powerful new rival model: state capitalism. In state capitalist regimes, the government typically owns firms in strategic industries. Not beholden to private-sector shareholders, such firms are allowed to operate with razor-thin margins if the state deems them strategically important. China, soon to be the world's largest economy, is the best known state capitalist regime, but it is hardly the only one. In State Capitalism, Joshua Kurlantzick ranges across the world--China, Thailand, Brazil, Russia, South Africa, Turkey, and more--and argues that the increase in state capitalism across the globe has, on balance, contributed to a decline in democracy. He isolates some of the reasons for state capitalism's resurgence: the fact that globalization favors economies of scale in the most critical industries, and the widespread rejection of the Washington Consensus in the face of the problems that have plagued the world economy in recent years. That said, a number of democratic nations have embraced state capitalism, and in those regimes, state-backed firms like Brazil's Embraer have enjoyed considerable success. Kurlantzick highlights the mixed record and the evolving nature of the model, yet he is more concerned about the negative effects of state capitalism. When states control firms, whether in democratic or authoritarian regimes, the government increases its advantage over the rest of society. The combination of new technologies, the perceived failures of liberal economics and democracy in many developing nations, the rise of modern kinds of authoritarians, and the success of some of the best-known state capitalists have created an era ripe for state intervention. State Capitalism offers the sharpest analysis yet of what state capitalism's emergence means for democratic politics around the world.
A provocative and timely look at the current state of global economics, particularly how the state-owned companies of Russia, China, Latin America, and other emerging markets are influencing how people work, how they consume, and how they prosper. The global economy is changing: experts are noting slow growth in the advanced economies, greater volatility in international markets, and the emergence of state-owned companies in the competitive marketplace. This forward-looking reference explores the role that state capitalism plays within the political structures of countries throughout the world. The text begins with an introduction to state capitalism, moves into an in-depth examination of several countries and regions, and concludes with a discussion on the future of state capitalism in the next decade. Coauthors Scott B. MacDonald and Jonathan Lemco examine the challenges that state-owned companies face in the global economy, including a weak legal and commercial infrastructure, a conflict of interest between politics and business, and massive corruption in local and regional governments. A close review of the perils of state capitalism based on meritocracy devolving into crony capitalism invites debate on the longevity of this economic system versus a free market economy.
Latin America is currently caught in a middle-quality institutional trap, combining flawed democracies and low-to-medium capacity States. Yet, contrary to conventional wisdom, the sequence of development - Latin America has democratized before building capable States - does not explain the region's quandary. States can make democracy, but so too can democracy make States. Thus, the starting point of political developments is less important than whether the State-democracy relationship is a virtuous cycle, triggering causal mechanisms that reinforce each other. However, the State-democracy interaction generates a virtuous cycle only under certain macroconditions. In Latin America, the State-democracy interaction has not generated a virtuous cycle: problems regarding the State prevent full democratization and problems of democracy prevent the development of state capacity. Moreover, multiple macroconditions provide a foundation for this distinctive pattern of State-democracy interaction. The suboptimal political equilibrium in contemporary Latin America is a robust one.
Since the 1930s the state has played a primary role in the development process of Latin American countries, and political systems have had strong corporatist and authoritarian-centralist features. In the last several years, as that role has become increasingly incompatible with neoliberal reforms and the requirements of a transition to democracy, state power has been significantly decentralized, and the state has withdrawn from direct intervention in the economy. This book examines the consequences of the redefinition of the state for processes of democratization and statecivil society relations. }Since the 1930s the state has played a primary role in the development process of most Latin American countries, and political systems have had strong corporatist and authoritarian-centralist features. In the last several years, as that role has become increasingly incompatible with neoliberal reforms and the requirements of a transition to democracy, state power has been significantly decentralized, and the state has withdrawn from direct intervention in the economy. This book examines the consequences of the redefinition of the state for processes of democratization and statecivil society relations, looking, for example, at transfers of power to local and regional authorities, the role of NGOs and other interest groups in policymaking, the emergence of new social movements, and privatization and the introduction of market criteria. Several country case studies are also included. }
This book is one of the first attempts to analyze how developing countries through the early twenty-first century have established systems of social protection, and how these systems have been affected by the processes of globalization and democratization. The book focuses on Latin America to identify factors associated with the evolution of welfare state policies during the pre-globalization period prior to 1979, whilst studying how globalization and democratization have affected governments' fiscal commitment to social spending. In contrast with the Western European experience, more developed welfare systems evolved in countries relatively closed to international trade, while the recent process of globalization that has swept the region has put substantial downward pressure on social security expenditures. Health and education spending has been relatively protected from greater exposure to international markets and has actually increased substantially with the shift to democracy.
This book of up-to-date studies by a group of research scholars from Latin America and the United States examines the factors essential to an understanding of the Right's goals, organizations, and commitment to democracy. The book is divided into four distinctive sections, the first of which deals with the general characteristics of the Right. The following three sections explore in depth the political strategies and organizations of the Right in elections and governing coalitions, the conservative trends that are changing the Church, and the fate of neo-liberal ideas among businessmen traditionally dependent on the State. Several chapters are devoted to the distinctive dynamics in Argentina, Brazil, Mexico, and Peru.
"In this book, renowned Latin American intellectuals, Pablo Alabarces and Néstor García Canclini, bring us up to date on the changes in the status and role of the popular classes in Latin American democracies over the past two decades. Building on decades long research and experience in the field of cultural studies, the authors ask how the digitalization and economization of society are changing the reality of political participation and social inequality in Latin America and beyond, leading to new forms of economic and cultural marginalization. García Canclini focuses on the rapid digitalization of our society and economies, ruminating over the future of political participation and democracy in the coming age of algorithms, transnationalization, and social precarity for growing swaths of the population. By contrast, Alabarces focuses on the disintegration and commodification of popular cultures throughout Latin America in the last two decades and discusses the consequences on democratic projects in the region. Both pieces approach the question of how democratic projects on a local, regional, national, and transnational level can deal with galloping social disintegration and accelerating political discontent as an increasing number people within the course of this digital revolution gain voice: all this against the authoritarian or technocratic alternatives that have been gaining ground again. The introduction by Sarah Corona contextualizes the contributions and their authors in the academic and political debate. She connects their focus on popular cultures to broader questions regarding the future of nation states and democracies facing multiple crises in the region and beyond. Post-Popular Cultures and Digital Capitalism in Latin America will be of interest to researchers and postgraduate students in political science, sociology, and cultural studies looking to freshen their views as well as develop an understanding of the Global South's perspective on current global issues"--
The State of Democracy in Latin America presents a critical analysis of the contemporary democratic state in Latin America. In a shift away from the more typical analyses of Latin American political change during the 1990s, this book presents a more state-centric perspective that seeks to explain why transitions to democracy and trends towards better governance have failed to provide more political and social stability in the continent. Through a deeper analysis of underlying social relations and values and how these manifest themselves through institutions, the state is understood not purely as an institutional form but rather as a set of interdependent relations that are shaped by particular collective and individual interests.