San Antonio College Library

"In 1700, Latin America and British North America were roughly equal in economic terms. Yet over the next three centuries, the United States gradually pulled away, and today the gap is huge. Why did this happen?" "In Falling Behind, Francis Fukuyama, acclaimed author of The End of History and America at the Crossroads, gathers together some of the world's leading scholars on the subject to explain the nature of the gap and how it came to be. Tracing...

This book addresses two issues basic to understanding modern Latin America: the role of American-owned businesses in the region and, of equal importance, the reaction of Latin Americans to foreign investment. Throughout the nineteenth century and up to the 1930s, American corporations stridently resisted local opposition as they secured what they wanted in Latin America -- cheap labor, plentiful raw materials, and favorable business conditions. After...