The crisis in South America: neoliberalism, neodevelopmentalism and beyond. Insights from Argentina and Brazil

Abstract

This article reconstructs the contemporary experience of the crisis in South America as part of the continuing crisis of the peripheral neoliberal state, focusing on the cases of Argentina and Brazil. Comprehensively exploring the implications of the demise of ‘neodevelopmentalism’ as a progressive politics and a specific relation of forces in the Southern Cone of Latin America, it tackles the recent backlash and ‘turbo-charged’ neoliberal experiments carried out in both countries, delivering a novel understanding of the situated nature of the ‘age of crisis’ and an insight into the prospects and challenges for a transformative praxis worldwide.