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Dependent Capitalisms in Contemporary Latin America and Europe | Aldo Madariaga


“A half century after Cardoso and Faletto penned their foundational 
Dependencia y Desarrollo, Madariaga and Palestini have done comparative political economy an invaluable service by bringing together a wide-ranging set of contributions extending and reinvigorating the dependency perspective. From Stallings’ elegant explication of the effects of China’s rise to Scheiring’s creative parsing of the connections between dependence and authoritarianism in Hungary, the volume offers an incontrovertible demonstration of the dependency approach’s continued vitality and usefulness.”
-Peter Evans, Professor Emeritus, Department of Sociology, University of California, Berkeley.
 
“This book constitutes an important contribution to the intellectual comeback of dependency thinking.   In addition to enhancing our understanding of the diverse mechanisms and manifestations of dependence within contemporary global capitalism, in particular within the context of E ....

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Chile Assets Fall After Government Coalition Crushed in Vote


Chilean Assets Slump as Government Suffers Crushing Vote Defeat
Bloomberg
1 hr ago
Eduardo Thomson and Valentina Fuentes
(Bloomberg) Chilean assets plunged after the ruling coalition suffered a crushing electoral defeat that placed the writing of a new constitution largely in the hands of left-wing parties.
The benchmark stock exchange tumbled 7%, while the peso cratered as much as 2.9% to 720 per dollar, on track for the biggest decline since November 2019 when a series of protests wracked the country. Chile’s dollar bonds due in 2031 dropped to a two-month low.
Candidates from the ruling coalition obtained just 37 of 155 seats on the assembly designed to write a new constitution, according to data consultancy firm Unholster, far less than expected. Contenders unaffiliated with any political parties secured 65 seats. The result deprived the right of the one-third threshold they needed to reach to veto clauses in the new charter. ....

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