Introduction: Monopoly Power, Material Progress and the Economic Surplus

Part of the Problems in Focus Series book series (PFS)


Latin America is a volatile region. Accounts of riot, revolt, rebellion and revolution dot the pages of our newspapers. At the same time it is a region of palace coups — which through change succeed in changing nothing — and of lengthy military or civilian dictatorships — which occasionally change a great deal. The region is a cornucopia of momentous events and ephemeral happenings. It includes the first and the most recent of the great revolutions in this century. But it is also a region of great injustice, where the right to own thousands of acres of land (with no obligation to cultivate them) is enshrined in constitutions. It is a continent where attempts by the weak and the poor to organise themselves for political action often are ruthlessly suppressed in the name of law and order. It is also a continent where the disappointments of a football match can ignite passions and lead to violent international conflict.


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© Keith Griffin, Lester C. Thurow, Jorge Arrate, Lucio Geller, Laurence Whitehead, Arthur L. Domike, Victor E. Tokman, Timothy King, Rosemary Thorp 1971

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