Plunder in Latin America

by Guillermo M. Yeatts, Marta Castro (Translator), Walter Block (Foreword)

Plunder in Latin America by Guillermo Yeatts offers a unique, insider's view of the objective conditions that have given rise to the ransacking of Latin America by local political vested groups. At a time when globalization is flattening the playing field of world political economics, and with the path to prosperity so clear for so many nations, why is it certain countries remain disadvantaged and unstable? For Yeatts, the origins of this problem lies in the rules of the game governing how resources are transferred from less to more powerful sectors of society. The plundering tradition of Latin America goes back to colonial times. Over time, specific factors have contributed to an environment of noncompliance with the law and the fostering of a plundered mentality. Plunder in Latin America grapples with critical questions facing the future of Latin America, and is a must read for anyone concerned with globalization, equality, and Latin American history.

221 pages, Paperback

First published June 23, 2010