Mark Weisbrot: Should Obama, If Elected, Make a Clean Break With Bush's Latin America Policy?

In the last decade political change has swept across most of Latin America. Much of the region - including the majority of South America - is now run by left governments. These governments have also become much more independent of the United States - in their foreign policy they are more independent than Europe is. Washington's dream of a hemispheric "Free Trade Area of the Americas" is now dead and buried. The attempt to replace this with bilateral "free trade" agreements is losing steam every day. Much of this is a result of the democratic choices of the Latin American electorate. In country after country - Argentina, Bolivia, Brazil, Ecuador, Nicaragua, Paraguay, Uruguay, Venezuela - voters rejected the "Washington Consensus" economic policies after more than two decades of unprecedented economic failure. Similarly, by... [read full story]                    

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