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Conclusions: Performance and Frailties of the Latin American Capitalisms

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Diversity of Capitalisms in Latin America

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Abstract

In these conclusions, we discuss the performance, but especially the limits of the four types of capitalisms we have analyzed in this book. We first review the socioeconomic performance of each type of capitalism. Most countries experienced an impressive growth of their economies since the turn of the century; in some, this growth has been accompanied by a diminution of poverty and inequality, due to both a voluntarist effort of redistribution and the effects of economic growth; in others, on the contrary, inequality has persisted. The present economic difficulties and (in some countries) also political crisis pose the question of the sustainability of the different types of capitalism we have described. We analyze the main frailties of each of the four types of capitalism and propose the different crisis scenarios.

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Notes

  1. 1.

    A situation well described by Laclau in his major work La razón populista.

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  1. El Colegio de México, Mexico City, Mexico

    Ilan Bizberg

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Bizberg, I. (2019). Conclusions: Performance and Frailties of the Latin American Capitalisms. In: Diversity of Capitalisms in Latin America. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-95537-7_9

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  • DOI: https://doi.org/10.1007/978-3-319-95537-7_9

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  • Publisher Name: Palgrave Macmillan, Cham

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