This study examines fundamental theoretical and conceptual issues of social change in Latin America in the context of detailed empirical analysis. It challenges the major assumptions and propositions that underlie globalization theory, reworking and fine tuning the concepts of imperialism and social class as relevant to understanding the 'new world order'. The study centers on the structural features of Latin America and the state policies reconcentrating power in the capitalist class at the expense of labor. The study surveys the contradictory tendencies of concentrated wealth and power and...

Empire or Republic? makes the necessary, but much overlooked, link between our nation's international policies and the domestic situation. The authors contend that the Reagan, Bush and Clinton administrations have all focused on global leadership to the detriment of pressing social, economic and political problems at home.

Offering a systematic, critical analysis of the presidency of Fernando Cardoso, this ambitious case study assesses government policies within the framework of the 'new economic model' of globalization and structural adjustment. Petras and Veltmeyer argue that Cardoso paved the way for what amounted to the takeover of a large and important part of Brazil's economy by foreign investors. The authors discuss the neoliberal model of capitalist development, the privatization of key sectors and enterprises, the human cost of structural adjustment, and the search for a community-based form of local...

This book deals with a topic that is central to the most important and decisive issues and events of our time--the state and revolution in the twentieth century. Social scientists have made numerous attempts to understand the causes of revolutions by examining the underlying factors that contribute to revolutionary uprisings. To further these efforts, this book addresses some of the key issues related to this process through both theoretical and empirical inquiry into the nature and dynamics of the state and revolution as a basis for an understanding of the major socialist revolutions of the...

The 2003 electoral victory of Lucio Gutierrez in Ecuador was met with the same sense of optimism that greeted the election of Ignacio 'Lula' da Silva in Brazil, and Hugo Chavez in Venezuela. Gutierrez's victory was viewed as a major advance for the country in its 500 year-long struggle for freedom and democracy. In Bolivia, Evo Morales similarly came within an electoral whisker of achieving state power in 2002, and in 2003 Nestor Kirchner became President of Argentina. Many journalists, academics and politicians speak of a "left-turn" in Latin America, characterizing these regimes as "center...

The Left Strikes Back addresses the neglected topic of popular resistance to capital globalization and neoliberal polices, and considers the future of the revolutionary left in this region. James Petras shows that the current stage of capital globalization and the weakening of the ability of established popular groups to defend themselves have generated an important organized response on the part of those whose standard of living is most undermined and threatened by the process. The book argues convincingly that we can now see the emerging forms of resistance in new, popular...

Perhaps no word today is used and misused more than globalization. It generally serves to refer to worldwide epoch-defining changes in the organization of societies, economies and politics. But as Petras and Veltmeyer demonstrate, the term globalization obscures much more than it reveals.
In practice, globalization provides a cover for a new form of imperialist exploitation and the institution of US hegemony over a global process of capital accumulation. In the last decade, capitalists in Europe and the United States have created favourable conditions for the takeover and recolonization...

The authors trace out the development of capitalism and U.S. imperialism in Latin America in the latest phase of this development, from the installation of the new world order of neoliberal globalization in the early 1980s to the present when U.S. imperialism is held at bay, neoliberalism is in decline, and capitalism is in crisis.

The authors trace out the development of capitalism and U.S. imperialism in Latin America in the latest phase of this development, from the installation of the new world order of neoliberal globalization in the early 1980s to the present when U.S. imperialism is held at bay, neoliberalism is in decline, and capitalism is in crisis.