The pitfalls of free trade

Protest against Tisa in Montevideo, April 2015

Protest against Tisa in Montevideo, April 2015
How the offensive of capital in South America has worked

*Antonio Elías

From the crisis of the early 70s and the sharp drop in profit rate, a new offensive from capital takes place to impose a new model of accumulation. From which there can be identified various stages and different forms of political domination. The characteristics of each step, in turn, are contradictory social processes, and involve complexities, advances and setbacks characteristic of the development of capital trends and the correlation of forces in each country.

Read the full original article Magazine Debate Point November 2015 in pdf (in spanish):  2015 – Elias Antonio – The pitfalls of free trade.

Originally published in: Office for the Southern Cone of the Rosa Luxemburg Foundation

sepla uruguayLatin AmericaUruguay Chapter in EnglishThe pitfalls of free trade How the offensive of capital in South America has worked *Antonio Elías From the crisis of the early 70s and the sharp drop in profit rate, a new offensive from capital takes place to impose a new model of accumulation. From which there can be identified various...Sociedade de Economia Política Latinoamericana