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1、Global&InternationalStudiesProgram(UniversityofCalifornia,SantaBarbara)YearPaperGlobalCrisisandLatinAmericaWilliamI.RobinsonUniversityofCalifornia,SantaBarbaraThispaperispostedattheeScholarshipRepository,UniversityofCalifornia.http://repositories.cdlib.org/gis/14Copyrightc2004bytheaut
2、hor.GlobalCrisisandLatinAmericaAbstractThisessayexaminesLatinAmerica’sexperienceinthecrisisandrestruc-turingofworldcapitalismfromthe1970sintothetwentyfirstcentury,withparticularemphasisontheneo-liberalmodel,socialconflictsandinstitutionalquagmiresthathaveengulfedtheregion,andtheriseofanewresi
3、stancepol-itics.Theempiricalandanalyticalsectionslookat:LatinAmerica’schangingprofileintheglobaldivisionoflabour;thedominationofspeculativefinancecapital;thecontinueddebtcrisis,itssocialeffectsandpoliticalimplications;capital–labourrestructuring,thespreadofinformalisationandthenewinequal-ity;t
4、hepassagefromsocialexplosionstoinstitutionalcrises;thenewpopularelectoralpoliticsandthefragilityoftheneo-liberalstate.Theseissuesareap-proachedthroughthelensofglobalcapitalismtheory.Thistheoryseestheturn-of-centuryglobalsystemasanewepochinthehistoryofworldcapital-ism,emphasisingnewpatternso
5、fpowerandsocialpolarisationworldwideandsuchconceptsasatransnationalaccumulation,transnationalcapitalistsandatransnationalstate.Finally,theessayarguesthatglobalcapitalismfacesatwincrisisintheearlytwentyfirstcentury,ofoveraccumulationandoflegitimacy,andexplorestheprospectsforsocialchangeinLati
6、nAmericaandworldwide.BulletinofLatinAmericanResearch,Vol.23,No.2,pp.135153,20041GlobalCrisisandLatinAmericaWILLIAMI.ROBINSONUniversityofCaliforniaatSantaBarbara,USAThisessayexaminesLatinAmericasexperienceinthecrisisandrestructuringofworldcapitalismfromthe1970sintothetwenty-firstcentury,with
7、particularemphasisontheneo-liberalmodel,socialcon-flictsandinstitutionalquagmiresthathaveengulfedtheregion,andtheriseofanewresistancepolitics.Theempiricalandanalyticalsectionslookat:LatinAmericaschangingprofileintheglobaldivisionoflabour;thedominationofs