Abstract
Recent events in Bolivia have raised once again the question of whether that country is making progress toward overcoming backwardness. The U.S. press greeted the August coup with tolerant cynicism. Much was made of Bolivia's history of political instability, and the right-wing coup was treated as but another vacillation in the internal politics of a distant country. Yet looking back two decades, we see that the United States has been intimately involved with Bolivian politics through a massive aid program begun just after the Revolution of 1952. Between 1952 and 1961 Bolivia received more U.S. aid than any other Latin American country. This article will discuss the effects of American aid on Bolivia during the period when the amount of aid was largest—1952 to 1964.This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website.
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