Wednesday, April 30, 2008
Chapter 6 - Neocolonialism
When I first saw what the chapter was called it said "Neocolonialism." I predicted that that chapter was going to be about "new colonies" or a new way of colonial times in Latin America. BUT what I found out was that Latin America went through a major modern change. Everybody's life changed in a prosperous way from the rich and the poor, to the urban a rural people in Latin America. For example, the Great Export Boom improved a lot for Latin America. Cuba with its sugar, Brazil with its coffee, Chile with their million dollars worth of mining, Argentina with its massive wheat production, Guatemala with their coffee, Honduras with their bananas, and Bolivia with its tin. Because of all the beneficiaries, the middle class in Latin America grew rapidly, especially in Argentina. Also in Brazil rubber was found and used to create the rubber for tires in the US. It's cool to learn how my people "came up" at this time in history, but what effect did the US have on Latin America when all this was happening?
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OK, it is true that the export boom brought prosperity and power for the Hacendados and did help produce a small middle class, but what did it mean for the peasantry, the bulk of the population?
The neocolonial period was a “boom” for the wealth elite in Latin America and the U.S. and British companies that exploited their wealth, but did produce improvements for the majority. You were right in a sense when you thought neocolonialism was a new form of colonialism.
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