The Globalization of Capital and Its Ideologically Framed Policies

Abstract

Emerging victorious from war in 1945, the Americans went to cold war against the Soviets and hot wars against revolutionary forces in Korea and, later, Vietnam. By the 1960s in Latin America, efforts from mercenary invasion to terrorism and embargo crippled but failed to destroy the Cuban revolution; however, they were successful in efforts to instill reactionary military regimes in South America and turn back insurgent forces in Central America.

Lest we forget, the new world order sought by America Inc. was enforced by dictatorship. In Latin America during the 1960s, 1970s, and 1980s, neo-liberal policies of the new scheme of globalization were ruthlessly implemented by military regimes, as in Brazil, Chile, Argentina, Ecuador, Peru, Bolivia, and Uruguay, and by right-wing Central American governments, supported by the United States, employing death squads and military massacres in counter-insurgency operations. The rule of capital by the 1980s became consolidated through the imposition of policies, identified as “neo-liberalism”, and a strategy for expansion and consolidation: “globalization.”