Ecuadorian Foreign Minister Guillaume Long. © Getty Images
In an interview with Russia Today (RT News), Ecuadorian Foreign Minister Guillaume Long talks about how he believes US neoliberalism has damaged Latin America and made it one of the most unequal continents today.
The lack of government control on Latin America's free market has greatly hamred the continent in terms of progress. Neoliberalism, as Long sees it, increased poverty and instability, taking ints toll on the economy during the 1970s and 1980s between during a time of dictatorship and the shift to democracy as the Cold War ended; and since Latin America was at such a weak state during the time, neoliberalism only made conditions worse. Long even points out how poor of an affect neoliberalism has on other continents, saying it was even bad for a first-world continent like Europe.
However, Long also discusses efforts to build up a new state that will take care of its people and be accountable for its actions.
To read more on what Ecuadorian Foreign Minister Guillaume Long has to say, click here: https://www.rt.com/op-edge/361479-neoliberalism-ecuador-latin-america/
The lack of government control on Latin America's free market has greatly hamred the continent in terms of progress. Neoliberalism, as Long sees it, increased poverty and instability, taking ints toll on the economy during the 1970s and 1980s between during a time of dictatorship and the shift to democracy as the Cold War ended; and since Latin America was at such a weak state during the time, neoliberalism only made conditions worse. Long even points out how poor of an affect neoliberalism has on other continents, saying it was even bad for a first-world continent like Europe.
However, Long also discusses efforts to build up a new state that will take care of its people and be accountable for its actions.
To read more on what Ecuadorian Foreign Minister Guillaume Long has to say, click here: https://www.rt.com/op-edge/361479-neoliberalism-ecuador-latin-america/
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