November 08, 2011 | Working Paper
  • Type of publication: Working Paper
  • Research or In The Media: Research
  • Research Area: Finance, Jobs & Macroeconomics
  • Publication Date: 2011-11-08
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  • Authors:
    • Add Authors: Özgür Orhangazi
  • Show in Front Page Modules: Yes

As neoliberal policies failed to fulfill their promises and instead produced various financial and social crises, one after another, left-oriented leaders took power in Latin America and began, to varying degrees, seeking alternatives to the neoliberal orthodoxy. Venezuela went further than others in reversing neoliberal policies, nationalizing key industries, reintroducing extensive social programs and promoting alternatives to the capitalist organization of production. While the view on Ch

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