Views from the periphery: Futures of neoliberalism in Latin America

Abstract

The political economy of Latin American countries seems increasingly characterised by neoliberal approaches. Economic factors at the global and continental scale seem to reinforce this trend. This article explores the social bases of neoliberalism not only in terms of the technocratic but also of the wider social and political base. The connections between neoliberal reform, people and places are explored through examining the nature of exportorientated growth, the transformations of labour markets, the social impacts of reform, poverty and the changing social provision of the state. The contradictions within the neoliberal model are examined before the future of neoliberalism and the prospects for alternative development strategies and sociopolitical scenarios are considered. In particular, the arguments from neostructuralist contributions are assessed and some of the contrasts between neoliberal and neostructural theories identified.