ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Latin American Liberalisation and US Global Strategy

and US Global Strategy James Petras Todd Cavaluzzi Liberalisation is not merely a 'development strategy' elaborated to facilitate Latin American integration into the world market Nor is it an inevitable product of some immanent 'globalisation process'. Rather liberalisation is a product of US economic policy-makers, bankers and multinational corporations allied with Latin American transnational capitalists. It is specific class and state interests (not world system imperatives) that dictate the new liberal political economy. In this sense reversing liberalisation must begin at the national level within the class structure and move upward and outward.

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