The Latin American state to the globalization of capital

Abstract

This article offers some understanding about the new situation of the modern State –such as political power- in the midst of social transformation and major changes going on in the capitalist globalized World. We have written this paper thinking on the nature of the most economically developed countries in Latin America (Argentina, Brazil, Chile, Mexico and Venezuela), leaving aside the other less developed, such as the Andean, Central American and Caribbean countries. This paper also analyzes the policies and choices these large Latin American economies have made during the last decade to insert themselves into the globalizing process: structural adjustment, setting up a model of export-drive industrialization, emergent market economies, worker’s salary decrease, fragmented transnationalization of local areas, State reforms, privatization, democratization, etc.