Abstract

The Class Struggle in Latin America: Making History Today, by James Petras & Henry Veltmeyer. Routledge, 2017. Latin America in the Vortex of Social Change Development and Resistance Dynamics, by Henry Veltmeyer & James Petras. Routledge, 2019.

Highlights

  • In Latin America in the Vortex of Social Change (LAVSC), the authors supplement the arguments they advanced in Class Struggle in Latin America (CSLA) with a theoretical and empirical engagement with the notion of imperialism

  • Book review 5 | ERLACS No 107 (2019): January-June In Latin America in the Vortex of Social Change (LAVSC), the authors supplement the arguments they advanced in CSLA with a theoretical and empirical engagement with the notion of imperialism

  • The contemporary manifestations of imperialism in Latin America include the exponential growth of FDI flows into natural resources, which eventually led to an extractive phase of capitalist development in the region

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Summary

Introduction

Book review 5 | ERLACS No 107 (2019): January-June In Latin America in the Vortex of Social Change (LAVSC), the authors supplement the arguments they advanced in CSLA with a theoretical and empirical engagement with the notion of imperialism. Veltmeyer and Petras emphasize that Latin America’s current cycle of development is shaped by the dynamics of “monopoly capitalism” as a defining feature of contemporary imperialism; that is, the concentration and centralization of capital at unprecedented levels with the push of new communication and information technologies.

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