Why Is Latin America still Poor
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- เผยแพร่เมื่อ 16 มิ.ย. 2024
- Why is Latin America poorer than North America? The massive differences in wealth between a rich United States and a relatively poor central and south America is startling and hard to explain at first. In the video we delve into the key historical, political and economic factors that have led to this inequality, finding that the answer is more startling and interesting than initially expected.
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-Contents of this video-------------------------------
00:00 - A Tale of Two Cities
01:29 - A Tale of Two Continents
04:03 - Spanish Colonization
07:09 - Enslaving Empire's
09:18 - The Mountain of Silver (Cerro Rico)
12:00 - English Colonization
13:30 - Why The United States is So Rich
15:38 - Why Latin America is Still Poor
20:33 - Why is Latin America Poorer than North America
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-Sources used--------------------------------------------
Books:
- Why Nations Fail: The Origins of Power, Prosperity, and Poverty
- Bulmer-Thomas, V. (2003). The Economic History of Latin America since Independence (2nd ed., Cambridge Latin American Studies). Cambridge: Cambridge University Press. doi:10.1017/CBO9780511817397
Scholarly Articles:
- projects.iq.harvard.edu/files...
- Coatsworth, John H. “Inequality, Institutions and Economic Growth in Latin America.” Journal of Latin American Studies, vol. 40, no. 3, Cambridge University Press, 2008, pp. 545-69, www.jstor.org/stable/40056706.
- www.nber.org/system/files/cha...
#WhyisLatinAmericaPoorerthanNorthAmerica #LatinAmerica #Venezuela #Mexico #Economics #WhyisTheUnitedStatesSoRich
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Do your agree with this analysis? What could have been added? Hope you all enjoyed the new video!
I don't buy it.
China, both in modern times and ancient, is, broadly speaking, the opposite of the United States - hierarchical, undemocratic and historically rigidly conservative. Ancient China is sometimes held up as an example of meritocratic governance as officials were appointed by competitive examination, irrespective of class; however this doesn't pass a cursory inspection - significant and very costly preparation was required to have a chance of entering the civil bureaucracy, which would mean that the common person would effectively never make it into the Civil Service, no matter how apt a bureaucrat they would have been. Moreover, Imperial Examinations largely tested Chinese literature, poetry and philosophy, rather than skills directly applicable to governance. Modern China has plenty of superficial differences from the dynasties of old, but fundamentally has the same power structure as Ancient China. **And despite all of this, Ancient China was for centuries the world's foremost economic power house and Modern China is quickly shaping up to be a successor to its ancient legacy.**
Which raises one critically important question: If it is ultimately inclusive, democratic power structures that determine long-term prosperity, how can China's growth be explained?
I don't have a competing theory of relative prosperity, but I find the explanation presented in this video to be unsatisfactory.
Moreover, I would argue that the United States is gradually drifting towards the Latin American style of governance, with the last semblances of democracy being watered down into oligarchy and government becoming increasingly subservient to elite economic interests. The only two parties capable of winning elections (mostly) toe the same pro-corporate, pro-elite line, differing cosmetically on Social Issues. The US isn't there yet, but I think it's fairly obvious in which direction we're heading.
@@austino5069 because of the shift in economic theory and simply cut, history during the last centuries, the contemporary age has been the age where democracy seems to simply work better than hierarchical and undemocractic systems.
I dont know if you are aware there, but Latin america used to be by far more rich than north american, and even most of europe , it was after the revolutions ,and more importantly, the industrial revolutions that old orders like the spanish ( who were, indeed a system much like the chineese) and china fell on their faces, the problems that latin america faced where really problems replicated almost to the T in spain and most places were spain spread its dominance durin the modern age.
And you nailed it entirely, the USA has a history absolutely loathing and at best ignoring latin america as non important, but they ignore that latin america is a society very much like theirs , and could be the mirror of their own future should they keep the oligarchization , the opening of the inequality gap, and the corporatism up. LAtin america is not some poor hellhole, they are countries designed to extract wealth for the benefit of some top families, wich is the path , unfortunately , the USA seems to be going right now, if i were anglo american , i would focus on the break up of monopolies, and aleviatin the wealth gap before it gets too late for you. Latin america is what the USA could be if they keep up their current road.
@@cseijifja I'm quite familiar with Latin America, or at least the Hispanophone parts of it, which is why it's quite concerning to see how its history parallels the current political development of the United States.
I definitely agree that there's this sentiment in the US (and possibly the rest of the Anglophone world) that Latin America is somehow a foreign civilization and "not Western", which I find ludicrous - I think most Americans, putting aside yellow-filtered movies, racism and the language barrier would find that Latin America as a whole doesn't actually feel that foreign in the same way MENA or China would.
I'd be interested to see perspectives on whether it's really possible for all countries to attain a developed standard of living. I haven't done enough research to argue it thoroughly, but prima facie it seems that it is the relative value of labor that countries labor. Infrastructure and technology obscure this relationship somewhat, but it mainly seems to me that there are only developed nations *because* there are undeveloped nations.
So the primary message I have interpreted, is that colonialism is the root cause of Latin America’s problems. This is due to the Spanish descendants or, “elites” stranglehold on capital and power. If that is accurate, how would this have changed when the natives appeared to already have exploitive economic and class systems in place? If they had never been colonized, would they have cast aside their own exploitive system? At what point? If they were on track in the 50’s, what happened?
You forgot to mention america's role in the collapse of the venezuelan economy.
“These countries aren’t poor. These countries are rich! Only the people are poor! They’re not underdeveloped, they’re overexploited!” - Michael Parenti
Exploited by socialist governments.
Latin America is more poor for cultural facts, i as latin american know what i am talking about.
not "overexploited" most economically poor countries in this world are still resource rich
@@danielramirez8298 The "culture" you meant is the lack of education efficiency intentionally applied by the Elites, that went back from the colonization, which is the theme of this video;
@@sww3679 l guess he meant "overexploited" by other countries, mostly developed, stable economies and unresourceful.
In my country (Honduras), we celebrate independence on September 15. At schools we are always told that: "we didn't really got independence, we only changed from European masters to local ones" and that holds true
Same here in india
The truth is that during the Spanish empire you were also masters, because Spanish american territories and individuals had the same rights as the people from the Peninsula. I recommend you to read Marcelo Gullo's books, which clearly explain all this with data and examples.
In many countries it got worse for the indigenous people after the Spaniards departed. The colonial authorities would only collect a tax from the native localities and respect their customs in many instances. Once the countries became independent and whatever riches could only be found inside, the government used the army to move, push, subjugate the natives. There were instances in which their legal status went from being subjects of the crown to being stateless within the new republic as those in power would not consider them 'part of the country', just natives.
There are parallels to this in the USA. Native Americans were better off under British rule, as the Crown, having Worldwide worries, would see keeping the peace with the natives as a long term goal. Once independent, the USA could only look inward for expansion and could only take from those within its borders. Although born here, Native Americans did not have American citizenship. That was reserved to the group in power. The same thing happened in a different shades of grey in all former colonies, British or Spanish.
@@Roboto129 Do you know that natives stayed with Spaniards when the independence wars happened?
@@ndjxisjenxjix9525 Good morning. Please elaborate. The native population had no means to move to Spain so I do not understand the question.
Nevertheless, I would think given the logistics of the time persons just remain where they where unless moved out by outside circumstances (disease, floods, or by force or guns). Up to the invention of the automobile, most human beings remained within 50 miles of wherever they were born.
In any case, in many instances colonial powers had a broader interest rather than local.
In general, it was easier for France, England, Spain to respect a treaty with a local tribe all the way from Europe for the sake of not incurring into the expenses of military adventures. However, once former colonies become republics, their only concern is their immediate geographical region. Peace means less when the only alternative is to not expand within the only territory that is available. Hence a republic would have a greater interest in taking from the natives than a colonial power. Mostly because the ones enforcing the taking by force would also be the beneficiaries of the action.
The core explanation here is correct. But, in modern Latin America you also need to consider what foreign countries gain from Latin America’s underdevelopment. Consider for example the relationship between the US, Colombia and Panama in the early 20th century and during the Cold War. The independence of Panama from Colombia came from US interest, America benefited from Colombia’s unstable government and helped instigating political conflicts to build the Panama Canal and gain control over the new country. And during the Cold War, it is quite obvious the US was involved in the assassination of Jorge Eliecer Gaitan, which led up to Colombia’s ongoing civil war (all because the US was not interested in the Conservative Party losing power over Colombia, while the USSR was doing its part in Cuba and Argentina).
I would say that in 90% of the cases that the US got involved in latin american politics (think Chile, Venezuela or Panama) it has been for a good cause and eventually led (or will lead to) more economic stability. To think that US involvement is bad just because, it's silly. In fact I would say the US does not get involved enough because they don't want the region to challenge them in any way shape or form.
@@CarlosRodriguez-bh2ey That means you know very little about history, my friend. I do not deem the US as a huge monster set out to destroy everyone and everything, but to deny that it has messed with Latin America to gain more out of it than what would benefit the country itself is ignorant. During the early 20th century, Colombia was coming off the end of a massive civil war. The US went to Panama (a Colombian department) and offered to assist them in starting the war again and gaining independence in exchange for building and having total control over a canal that connected the Atlantic and Pacific oceans. Do you really think they did that to give Colombia better stability? Panama was severed from Colombia, and remained under US control until 1999. There's your "good cause". In the 1990s, they also armed Colombian paramilitary forces to destroy the Medellin and Cali cartels. The result? The distribution chain of drug trafficking was dispersed into thousands of micro-grids that were impossible to trace or contain. Paramilitary forces later took over some of those grids and turned on the people, they have massacred over 200,000 individuals.
@@CarlosRodriguez-bh2eynah man the US gets involved to make it so latin american countries can’t challenge them! Do some research man!
Gaitán, el hombre que hubiera cambiado la inecualidad de nuestro futuro
@@CarlosRodriguez-bh2ey I'm absolutely sure that Argentina didn't need the intervention of the US in the 70's when Videla organized a coup that led to a dictatorship. The whole "Plan Cóndor" was a move that the United States made to control and organize the southern part of Latin America. Do you really think that Argentina, Chile, Uruguay and Brasil had dictators at the same time just by casualty? They got help from a bigger entity that worked secretly.
Well done! Having lived in several Latin American countries I’ve witnessed a lot of the unfortunate instances you talk about. Societies have huge hurdles to conquer to get to a more just society. It’s truly tragic. Keep up the great work!
*Yes, this video is spot on! I've also lived in several countries in Latin America, mainly Central America. I'm Salvadoran, btw. The person in this vid literally took the time to delve into the perpetual root causes of poverty in Latin America. In effect, he indirectly concurs with Francis Fukuyma's affirmation that a lack of strong institutions (i.e judicial system, weak and corrupt legislative body, etc.) is a major cause. In this manner, the weak institutions are the result of greedy and corrupt elites (Oligarchs in El Salvador) with their vast influence in government. For example, in El Salvador the old coffee oligarchs in the late 1800s through the late 1970s exerted ABSOLUTE influence and pressure over the conventional military, "Guardia Nacional" and "policia de hacienda" (the National Guard and Territorial Police that defended the rich land-owners) for approximately 100 years. In effect, the military was the tool of the oligarchs, which is why these ultra-greedy land thieves were able to finance a coup anytime they wanted so that they could install a puppet [mestizo] leader to bow to their will politically, legislatively, socially, and economically.*
As a Latin American, who has both lived my entire life in Latin America, and has studied the history of all the countries that compose it. I can tell you that the main factor in the lack of development is either Civil War and internal conflicts for power or rampant corruption and violation of the resources and the state.
In Brazil's case, the Elites. They dumped out the Emperor which was humble enough to at least make the country a bit better even for the poor, but no, the Elites gotta keep the country unequal and developed for the rich.
Let us not forget the cause for internal conflicts though, the overal structure of LatAm has been fucked due to how the Spanish ran their colonies compared to the british
The next question is: with so many violent uprisings in the history of Latin America, why couldn't one of those lead to a societal transformation sweeping out the corruption and establishing rule of law and economic rights?
CIA done all that xD every civil war and internal conflict
@@jose13neo Since independence most of the Latin American countries reformed their legal systems, in countries like Venezuela, there has been 5 major reforms to the institutions that run the country, but the story is always the same, Civil Wars, corruption, etc, now it has very little to do with how Spain ran their colonies and how the british ran theirs, but has more to do with how people in LatAm has a tendency to choose warlords, populists, and so on, the exception i think would be Chile and Uruguay, but i don't know much of their history so i cannot say, hell, in Venezuela we had 10 presidents that were overthrown, thats an insane number and i'm not even counting the failed coup's, if so the number would increase.
TL;DR: it has been more than 200 years that the colonies fell, the colonies have little to nothing to do in the modern political landscape, LatAm is poor because its leaders and institutions are insanely corrupt.
P.S: also latinamericans like political fanatism and take it to the extreme, as you can see with the cult of personality that Hugo Chavez had
as a latin american, and as others have expressed in these comments I'd also agree to point the finger at corruption. It's so embedded into the culture and in all socio-economic groups that it feels depressingly like a battle that can't be won
It is funny to me the same people than complain about corruption are the first to find out who they have to pay to make a shorter line or get what they want quicker.
no te dejes engan~ar, este canal no es mas que una plataforma de propaganda imperialista.
The w e s t stole all their wealth, trillions of d o ll a r s.
@@sabin97 Acaban de descubrir un túnel a San Diego. El gobierno está al tanto del tráfico de drogas. EE.UU. usa los países latinoamericanos como líneas de producción.
So true.
This was so insightful! Thank you!
Huh, interesting. Thank you for the insightful information. Good video!
The biggest problem is corruption. I lived in Brazil for several years. Brazil is a rich country, as far as resources go. But every politician who rises to power does so solely to build wealth. A guy who was something like a school teacher a few years prior to taking a relatively influential politician position, that person would be a millionaire. Paraguay is a great example of this as well.
Corruption exist due to a purpose, it's a project. Our leaders and our culture gratifies corruption because we exist only to be robbed by the elites.
Politicians make too much money in Brazil. To be honest I think they should get paid a teachers salary. That way you separate the people that are into politics because they have an affinity for it from the people that want to get rich and an early retirement.
By the way Brazil is not just rich in resources it actually has a strong economy which is why I don't understand how in God's name that Brazil is not fully developed
@@mmawithsubtitles7460 True
Biggest problem is USA putting sucking out Venezuela. It all has to do with NATO
corruption is never going to be the biggest problem, there is corruption in all countries, did you know that tax evasion in Brazil takes 6 times more money than corruption???? Of course you don't know. You seem to be those people who repeat the same speech, worry about Bolsonaro destroying education.
I´m a Canadian who has been living in Buenos Aires, Argentina for the past 20 years. Honestly I can say that corruption on many levels is tolerated here much more than in Canada or the U.S.
Lamentablemente es así. Cómo usted dice. Los políticos argentinos son los más corruptos y mentirosos, y la mayoría de la gente se deja manipular o engañar fácilmente. Meten propagandas política de izquierda en todos los colegios. Festejan que todo sea público, pero es cada día más decadente, desde los jardines de infantes, escuelas, universidades, hospitales; todo va cuesta abajo. "De nada sirve que les den educación a los chicos, si les dan una pobre educación". Y no solo hablo de lo intelectual, hablo de los valores y respeto, eso se está perdiendo o ya se perdió. Tampoco tienen pensamiento individual, propio, muchos repiten siempre lo mismo. Es triste, porque el país tiene de todo para salir adelante pero vamos cada vez más para atrás.
Saludos desde Buenos Aires.
Obviously (obvio) that's true but the question is why?
Corruption exists everywhere. Therefore corruption alone is not enough to explain the disparity. Culture matters, much more than resources. For it is the minds of men, that is where the source of wealth and the disparities begins and ends.
@@cobracommander9138 Think about the impact of the Reformation.
quien pudiera, estoy cansado de este pais
Thanks A Million I got New TH-cam Channel from this video to learn more knowledge and it will improve myself.
Thank you for this very informative video sir
As a latin American, I totally agree and finger to the corruption.
On our schools we're not entitled to think by ourselves or becoming the change. We're raised in order to be employees from the world, educated to become servants of someone else...
It's such a shame we've been suffering for so many years.
Corruption is not the problem ，that's a social representation
My teacher researched latin American for many years and visited different place of there，even talking to many criminals there
He concluded that ：
Latin American countries generally lack Economic Sovereignty. No matter what kind of political system, Latin American countries will hit a hard Economic Ceiling.
Such as agriculture and land, Latin America has very good land, but the crop's value of the land does not belong to the people, not even belong to the government.
The main wealth of the land belong to foreign capital.
Foreign capital can Shape Latin American countries to whatever they like.
Once you want to remediate these foreign capital，some one will start a street revolution or simply a military offensive and take you down.
This "some one" is the video maker's own country who telling you the latin American's problem is inside yourself and may be is "corruption" or something.
btw ,My teacher presided over China's agricultural reform, and his conclusions should be convincing
@@TK-my7jg While I generally don’t like to agree with Chinese policy (as someone who cares about decolonization), you are pretty spot on here. It’s probably a bit of a chicken and egg problem for which came first, but corruption and foreign capital feed each other to an extreme degree. Latin America needs economic sovereignty above all else.
The girl named corruption:
@@PupperTiggle Other girl named conservatism.
In the course of my engineering career I made many trips from the US to our factory in Mexico. My impression of the Mexican people was that they loved life and were very close to their families and friends, but a legacy of weak and corrupt governments had given them little motivation to trust authorities or respect laws. In the factory, this manifested itself as something less than strict reverence for manufacturing procedures, and our "fixes" tended to break down as soon as we flew home. Corporate finally threw in the towel and moved the whole thing overseas.
They lack a moral compass which has lead to lots of issues in their society. Your impression is spot on. Culture is their limiting factor, currently. If they could just break from their bad traditions, and habitual stupidities, things would change for them. Sadly, this will never happen. Their culture rewards the dumb and not the intelligent unfortunately. Those that are intelligent notice this and immediately seek refuge in another western country such as the US, UK, Germany, etc. This leads to a massive brain drain from their society and they creep lower and lower as a result.
Interesting.
Oh I totally agree! It's the same reason why many companies moved the manufacturing part to SE Asia and China.
Can't always blame governments..
Maybe they should have hired more professional workers, there's plenty of corporations in Mexico without this problem, you get what you paid for.
Thank you for this great video, and the sources you used to explain it. ❤
I live in both nogales , born in Nogales Arizona but raised in Nogales Sonora I can see what you say , it is impactful how each side is so diferent
During my first stint of working in Peru, a Peruvian told me more or less to expect Peruvians to try and trick you or take advantage of you.
He said it was nothing personal, just the way things are in Peru. I worked there 3 years and at the end of the year one of the big papers
would ask Peruvians what they like and dislike about their country, the #1 response for what they disliked was always Corruption!
In Latin America there are often people who try to hustle visitors for money and it sort of ruins the experience. Some examples:
- Coming out of a Milonga in Bs As, as I'm trying to flag down a taxi, someone goes further up the street to flag a taxi first then expects me to pay him a tip for the "service" that I didn't ask for. I've always been able to flag down taxies by myself in every country I've visited, I don't need these "services".
- Eating in a Restaurant in Buenos Aires and a kid comes in to stare at me while I'm eating.
- As I'm listening to a tourist guide at Colón's villa in the Dominican Republic, a kid starts washing my sandals without me noticing and expects to be paid for the service that I never asked for.
- Again in the Dominican Republic pushy sales people trying to sell you things you don't need or want who won't take no for an answer who follow you everywhere you go and perceive you as a walking money bag.
When it's too pushy and excessive I can't enjoy my visit as much. On the weekend on Defensa street in Buenos Aires, artists sell their art and they aren't pushy, it's possible to chat with them and take your time while shopping. It's not something I was able to do in the Dominican Republic.
I never went back to the Dominican Republic after the one trip the experience at the resort was fine except for the food poisonings but being hassled to purchase things while on a tourist tour while recovering having been sick for several days ruined the experience for me.
My visit to Chile was limited to Easter Island but it was an enjoyable experience, I could take my time looking at the sites, no one bothered me in restaurants I was able to chat with the locals without being hustled. The only issue was on occasion, on some of the paths there were wild dogs that at times were territorial. Had fun watching chickens being followed by a large group of their hatchlings.
Loved Mexico, visited Mayan archeological sites, Cancùn was great. One annoyance was men coming on to my then underaged sister right in front of my father.
@@HepCatJack I'm glad you enjoyed Easter Island. I never knew about the bad behavior of dogs I guess you had bad luck (sorry for bad english)
NO socialism Duh
@@zachh3582 ding ding ding , we have a winner !
Pretty sure that what you mean is we Peruvians tend to have this smart ass culture , I sadly agree, and always hated it, one of the reasons why I left my country.
The history of latin America is so complex that it is borderline impossible to explain within one video. They are so many tangent and factors that play a role on why we are what we are today, not just european colonial history
Nevertheless, this video serves as a decent introduction. Well done mate
Not really. Read the book Confessions of an Economic Hitman and it’s all spelled out right there.
@@johnsondoeboy2772 found the tin foil hat guy
The Balkans: *Finally a worthy opponent. Our battle will be legendary*
That isn't true. America and Canada are Anglicanized . Latin America is a non westernized Spanish, Portuguese, and others post colonized territory.
I think most world histoy is almost infinitely complex. Its like a fractal of knowledge. The more you dig into whatever time and place, the more detailed the web of historical facts becomes. And its all interconnected so vastly its unfathomable.
Great explanation.
Why Nations Fail is a book that gave me the root understanding of how institutions with falt foundations will ultimately crash and fail. Amazing book, amazing video.
I'm really glad more people are looking at the absolute genius and masterpiece of a book, Why Nations Fail.
Nations do not get rich from their position in the world, they get rich from their economic bodies and political institutions.
And geography too
@@Sultan-cf5wf depends on what was meant by geography. A landlocked country or a country with bad neighbors will always have fewer opportunities than one with plentiful ports surrounded by wealthy neighbors. We're walking on the scale of nations and not towns here. For example, Hungary's institutions are worse than those of a country like Botswana, but Hungary is much richer, even though both are landlocked nations.
@@Sultan-cf5wf Not really true. The most important aspect of any nation is its geography as it single handedly determines the way it will evolve internally and how it will project power abroad. The US is rich for basically being the best chunk of land in the world, period. The enormous amount of fertile land with temperate climate and navigable rivers to cheap transport the production with a protected delta in the Gulf of Mexico in the Mississipi Basin is one of the main things that catapulted the US into what it is today. Perfect location with very invinting climate and vegetation and with very low density of native americans helped the european settlers to reclaim most of the land pretty quickly with very little effort. This and the ammount of natural resources the US has like huge amounts of wood, minerals and one of the largest reserves of oil and gas in the world.
For you to get how important the Mississipi river is to the US the only other comparable river basin in the Americas that covers this amount of flat land with navigable rivers is the Amazon river basin but instead of grasslands and temperate forests there is the biggest tropical jungle in the planet where diseases killed everyone when european settlers tried to expand inland. So, taking Brazil as a comparison as its similar in size to the US, around 70% of its territory was impossible to develop farming until the 80's because the tech didn't exist yet so, even though it technically has a huge amount of land, in practice they didn't have much so large scale colonization with free land for any settlers couldn't occur. It's hard to develop your nation from colony to superpower if most your territory is wastelands.
Argentina is the same but with huge deserts so until the 1900 they couldn't settle the southern half of their country. Mexico is again way to arid and after they lost their nothern part to the US they had only left the worst and more arid lands and with the US diverging the flow of rivers that go down to Mexico like the Colorado River it got only worse. The countries in the Andes are hard to develop also as they have a tropical climate with jungle in some parts and in the others is mountains so no easy way out of poverty like the US with infinite fertile land. The list goes on and on and on. The geography of latin america sucks...
and geografi and interaction and intervention whit other powers, latin america have a long history of intervention why the usa in the 20 century an the result are show how can you have good institutuions when the bigest super power have organisated dictatorships in the region. latin america is like ester europa governed by most of the century by crony cuasy colonial goverments
@@Sultan-cf5wf That is what this video got wrong. North America (mainly USA) has the best geography in the world. Maybe back in the era of early colonization latin America was richer but as a modern nation state the USA has the best natural geography in the world no question. Look at how navigatable the rivers are and how abundant in the usa for example.
It's also notable that Argentina and Brazil were wealthiest at the turn of the 20th century when like the U.S., Argentina encouraged European migrants to settle sparsely populated lands.
Mexico tried to do this within sparsely populated Mexican territories in the north shortly after independence--mainly from German and U.S. settler migrants. However as history shows they were cut off early from this when American settlers rebelled in Texas. All the German settlers that settled in the southwest ended up becoming Americans rather than Mexicans.
I heard they made many complex inventions and developed seriously in Argentine but it all ended with junta.
Brazil also encouraged European and Asian immigration to South and Southeast regions of the country. Actually Brazil received much more immigrants then Mexico and about the same amount of immigrants of Argentina.
@@arthur_2399 Yes especially in WW2 but it worked in brazil, in México not so much, thanks to the U.S getting those territories illegally
All these “poor nations” adopted socialism/communism political systems. Once they did that, they were doomed to failure, pain, and suffering. Look at Venezuela today. Prime example.
@@mcahill135 You have no idea what any of those terms are. BTW there were socialist and communist parties in Latin American countries, just as in Europe, since the early 1900s--and many were defeated and disappeared from their political histories.
The only thing I would add to this is that general population back in Europe was just as exploited by the absolute monarchies of the time. That's why everybody was so happy to travel at the end of the world for a promise of some land. It's a detail everybody seems to forget these days.
I don’t understand why that’s being brought up. Europe should have kept its dysfunction in Europe.
Instead they spread that shit to the entire world. And now places and peoples who should have been on top, are artificially on the bottom.
There is a reason why no other civilization has ever committed anything even close to the crimes that European nations have forced onto most of the world.
Furthermore, the settlers of the US wanted to escape the religious control of Europe (Holy Roman Empire etc) to be able to worship God according to their own conscience (Protestants). Whereas Latin America were Roman Catholics programmed to spread Catholicism.
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@Bill Jaxon very well said
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+1
Im from Argentina, and i only disagree in one detail only: i think it became cultural too. Let me explain breefly (and poorly provably because i lack of the terminology to make it short 🤣)
The corruption of the politicians and state institutions feeds the untrust of the worker/popular class in the system, so no one respect the rules or avoid them. Like you explained, having weak and corrupted goverments over time is the key, because the society dont trust the goverment and now it begis to feed the corruption, and the cycle goes on... It became cultural... 100%
Absolutely. Corruption is so engrained that, a revolutionary who hates the status quo, starts as a liberator, but always ends up a tyrant when they get to the top. No one or document of law was there to break the cycle, like in the USA.
I’m from Brazil but have spent most of my life in the US. I’m currently visiting Buenos Aires. I can honestly tell you it’s the best city I’ve ever been to. I’m in love with the Palermo neighborhood. Today I drove from Canning to La Plata, past the farmlands. It feels like America back in the 80s, before the overpopulation. Argentina’s problem is socialism and a government that’s more powerful than it should have been. The day socialism dies in Argentina, and the government becomes less controlling, the country will become developed again quickly.
Social awareness , culture and education.
For example , if politicians in East Asia countries like China , Japan and South Korea are exposed by media or the court of law to be corrupt , they would have to apologize , resign and even commit suicide because of shame and dishonor brought upon their family name.
@@arlofs Only the rich turistic area from B. Aires... if you leave 10 minutes away from these neighborhoods you are in Africa full of slams, poverty
@@fabyn1633 I drove further than 10 minutes away (from Canning to La Plata and then to Buenos Aires). I drove past some less affluent areas between Canning and La Plata, and saw favelas on my way to B. Aires. But they are far from being extreme like poverty in Africa or Brazil. Argentinian favelas are limited to a certain areas of the country - not widespread like in Brazil, for instance. It’s impossible to get rid of poverty - even the United States has its poor areas, especially if you consider native territories as well as parts of California. My point is, Argentinian infrastructure is well-developed and the people in general have high levels of education. Argentina needs to get rid of their Peronist mentalities and quit electing left-wing politicians. If that ever happens, I’m sure that in 2 decades or so afterwards they’d achieve developed status once again.
Three reasons from someone that lived, studied and worked in the U.S. half of my life and then came back to my latin american country thinking things are the same and that I could start a bussiness and live the rest of my life here : corruption (everyone is corrupt from the traffic cop to the biggest judge), burocracy (all laws can be twisted against you and burocrats are only extortionists that will only help you for money) and cheap populism that make it impossible to plan ahead and give the normal people no way to defend yourself and your property from corrupt authorities (no sense of private property, no respect for long term contratcs or agreements, you can start a bussiness today with a set of rules and they will change them tomorrow), if you are a latino living in the U.S. or the E.U. do not come back
@Diego Gaspar Did you hear what he said? Everyone is corrupt. Latin Americans are leaving due to the unsafe conditions as well. No one is fighting or uprising against this. They are just leaving. It’s in the Caribbean too.
So corruption, corruuption and corruption.
I mean everyone leaves eventually it will crash or improve only question is when assuming it continues to worsen
Eres ciego o tullido si piensas que eeuu esta libre de corrupción. No se donde vivas, pero a mi no me vengas con cuentos. Que ese pais NO es el paraiso. Dream on bud.
.
This really made me wonder how the world would be today if Europe hadn't went the route of Colonialism and instead had stuck to mutual beneficial trading. Europe would probably still have gotten rich by it.
That "banking revolution" in the US was not a good thing. The US banking system didn't allow branch banking, making each bank extremely vulnerable to local economic problems. England and Canada had much sounder banking systems in the late 19th century, and Canada still does.
The main flaw in this presentation is the omission of the American South, which was an extractive system based on slavery more similar to the Carribean or Latin America then to the Northern states. That these states remain poorer and with higher crime rates however reinforces his point.
Jajajajja jajajaj jajajajaja
British Barbados was settled by English royalists who instituted a particularly brutal system of plantation slavery. African slaves were plentiful and inexpensive. Some of the Barbados planters brought the same system to South Carolina.
I do need to make the point that before the civil war the American South was more prosperous and wealthy than their northern counter parts. It wasn't until after the war, occupation, and reconstruction that the American South was considered poor. Turns out destroying a generation of young men and the culture of a highly independent system and divesting the people of that area of much their wealth will destroy a place for generations to come.
Very true though I'd argue the American South has undergone an extreme change/economic growth over the last 60 years, largely thanks to affordable A/C and federal projects such as the Interstate that allow the South to compete for businesses throughout the United States. There's a reason so many Americans and business have moved to the South in recent decades
@@trentgwilliam6391 Yeah next time dont try to seccede to keep your slaves next time. The south did that to itself. Not to mention they oppressed half their population for most of their history after the destruction which they themselves caused. They made themselves poor.
One of the things that has made Western countries so successful is a strong adherence to Contract Law. If someone doesn't keep their word to me they've agreed to in writing, I can take them to court and force them to keep their word using the rule of law. Literally nothing happens in business in the US without a signed contract, and the courts are aggressive in enforcing the agreements. This makes a huge difference when it applies across an entire culture and economy. The fear of being sued is a strong motivator in the Western business world.
I think we American men must do our part to help these Latin American countries. That is why I often visit Latin America and help out very beautiful Latinas to earn a little cash if you know what I mean.
@@GandalftheWise 💀
The reason why western countries being rich is MILITARY… first UNITED KINGDOM then UNITED STATES
forget all textbooks says, prosperity comes after power
They don’t care if authoritarian or Muslim, AT ALL
That only happens in rich countries
Biden has begun the nullification of contract law by making taxpayers payoff student loans for deadbeats.
I work in insurance and the complexity around just insurance terms makes it a nightmare for people to navigate simply what is in network and out of network. Add to that insurance companies lie to patients and recently the exchange/Obamacare plans steal patient information and enroll them in coverage with patient consent or awareness. This is thousands of dollars in theft from the federal per patient and it is done with impunity.
This is straight from the book, "Why nations fail". It is an excellent read. Full of examples of prosperous states that failed and the reasons behind it.
So this is why this is so similar to Kraut's vide, they both source the same book.
Its apologist rhetoric
@@FallicIdol Apologist of what ?
This video and the book on which it is based is just a stupid explanation which has no real relationship with the real causes.
@@rodheq How so ?
Corruption and that's it. Almost all Latin Americans would say the same.
Seems no matter where you go corruption screws everything up.
not an educated one lol
do why is there so much more corruption in latin america?
Here in Hungary too..
Low IQ, also is a big part, but many people don't want to bring that up
I am from India and have analyzed the politics for a long time. The single most reason of a country being underdeveloped has to do with level of education and culture of the people. In India nepotism is in the culture, then extreme religiosity which decreases the critical thinking capacity of people. Fault mostly lie with people in most of the cases, not governments. Governments do just what people want them to do.
There are some exceptions, like dictatorships, but even there the fault usually lies with the people who made the conditions for dictatorship conducive.
great point of view! saludos de Venezuela!
Extreme religiousity, funny how extremely religious Hindus are the richest group in India, UK , Canada and most other countries they live in.
Stupid comment.
@@ashokathegreat4534False. Hindus are actually quite average when it comes to Indian wealth per capita.
Your point is supported by the fact that Spanish colonization techniques did not work on North American Native peoples.
As an Ecuadorian I’ve seen the corruption first hand my dad got stopped by the police for having too many people in the car. And my dad understands how the police and people with power work my dad offered him 10 dollars to let us go and the cops said no… make it 20 for my buddy too and my dad did so. When they finished my dad came back and said that what I just saw was corruption first hand and politicians do it too but with thousands of dollars.
Also they get paid so little as to where 10 bucks each is enticing
As a fellow Ecuadorian I have to say: do not give in to corruption. If we (everyday citizens) take part in corruption then we automatically become part of the problem. Know your rights so crooked cops won’t dare to illegally stop you and ask for money, and record them if you need to. I know it’s hard, but fighting corruption on that small everyday basis is the only way we can contribute something to solve the corruption issue.
@@gabrielsuarez2776 Good luck with that amigo, it's ingrained in your culture.
such a shame. Ecuador is so beautiful. the citizens must stand up to the corruption but of course that most likely will never happen. sadly, this same scenario is played out through the world.
The sad thing is you would fight furiously, all of you, if anyone offered to help you.
Costa Rica is an important exception to the rule of Latin American poverty & dictatorships - it has had a relatively stable democracy and prosperous economy. According to Wikipedia the lack of native Indian labor meant the encomienda system with large plantations didn't take root in Costa Rica. It became a province of small landholders working the land on their own, much like the northern American colonies.
is still a poor country
@@alexisantoniolopez1002 a poor country that didn't have their male population tortured and exterminated, where women and children weren't raped into mestiizaje, that didn't impose a culture of self hatred and didn't elevated a particular caste above others.
Violence in Latin America is the result of colonialism, even my parents have been witnesses of these scars, people are still being sold, systematically raped to outbreed other castes, denied basic human rights and are treated worse than animals. The thing about human rights is that it takes a lot more of energy to grant them than it takes to remove them, and no one, quiet literally no one has motivation or the courage to grant these rights to people.
Yes but Uruguay and Chile are better
@@alexisantoniolopez1002 It's not lol
@@alexisantoniolopez1002 Panama/CR/Uruguay/Chile are relatively well off, with GDP’s per capita close to that of Eastern Europe. Definitely not rich compared to Western Europe/USA/Canada but a LOT better off than most of their neighbors
Spain took so much back that it lowered the value of their currency, and still, 500 years later, they still feel it.
Spain took in afrcn dna, thats why it lost its power. It got dumber
Great video, well researched. Outstanding analysis of private property rights. One point I'd add is that the Spanish model reflected the top down Catholic Church while the American model reflected the decentralized Calvinist/Puritan Church and moderately decentralized Anglican Church. Colonization took place at the same time as the Reformation, which in many ways was a reflection of governance as it was theology. There was no way the Spanish were going to allow others access to land or capital, it was a completely foreign concept to them at the time. New England town meetings, for example, were a result of a decentralized church most belonged to, and would never have happened under Spanish rule.
New spain was 3 times richer than 13 colonies
Bingo. The Protestant ethic created a fair culture with fair leaders. The Catholic church did not.
@@eaglewing1415; it sounds reasonable. It contributed as one of the several factors.
@@jorgefs300fs7 Some countries like Venezuela or Argentina were very rich in recent points of their history, richer than countries like Sweden, Ireland, South Korea or Japan were on those same times. Europe as a whole was destroyed 80 years ago. And Mexico was comparevitily rich during the "New Spain" period, richer than the first 13 English American colonies. But colonization.
I've been to Potosi in Bolivia. For me it was one of the most eye opening places in South America. A city built around this silver mine living and working around it. Such an inequality is seen here. Just horrific.
I'm in Bolivia now myself. Yes, history has left a devastating mark on this land.
Actually people are still living in Bolivia?
It's been like that since the Spaniards got crazy at the discovery of the silver mines, the precious metal production never ended. By the way Cervantes, the author of Don Quixote, said that worthy things "valen un Potosí” (are worth a Potosí). Ah, the silver and the goollddddd ores ...
@DG Thank you for the tip !! Peruvian myself, I didn't know where this popular phrase started.
Good politicians, good business man's, a good intention in health and education.
Protect the police power and justice.
And a mind to make products, good, cheap and for all of over the world.
That's the reason that the Latin America failed. The bad monopoly is just one.
As a Chilean (south-western part of Latin America for those who don't know where we it is), this hits straight to heart... so many times I've seen my country (and neighbors, like Argentina, Perú or Bolvia) fall into the ideology of demagogic leaders trying to impose their view of the land, where power is not to be resided in the people for free elections, but rather used by charismatic leaders that influence the masses for personal benefit. Never could I find a more accurate explanation to it, than what I'm hearing here right now.
Yes. Latin Americans de gradated along with their Red stupid leaders for decades. This the only reason of their poverty.
Eso no es un factor importante en el desarrollo de un país, al menos no en Perú.
En qué parte de Chile estás?
qué veces has visto así a chile?
chile es un minusculo pais
Greed and corruption ,will never change.
''Why Nations Fail'' was pretty illuminating, huh?
The video really started strong and the more distant past was quite interesting but I was wondering why there is no mention of US invasions, coups and boycotts in South America since mid 20th Century?
That’s probably a major reason why some of the countries couldn’t catch up over the past ~80 years.
The real question that always remains is : why could the US be able to invade, coups and boycott most latin american countries ? Why were latin american countries NOT ABLE to do the same to the US ?
Obviously the USA were stronger. But why were they more powerful and stable then those latin american countries?
@@marcstein2510 its literally answered in the video
@@marcstein2510 you think you can stage coup/invasion/boycott on a superpower?
@@marcstein2510 The reason they can't is they are weaker and never stood a chance against a military superpower.
Everyone should read "Why Nations Fail" to get a grip on this topic. I see you have utilized some points from the book in the video as well. Good job! Please continue making videos on topics such as this which get overlooked so often by most youtubers.
YES!!! So much this. It’s the single best book I’ve ever read and it perfectly explains how and why things are the way they are around the world.
Why is India still so poor ?
@@gingergranttech leadership. All that labor should be used for something. Only a few people are rich and they’re taken care of and hardly notice.
It's very rear to see a BANGLADESHI
That book was mind blowing for sure!
As a Cuban and half Colombian, thanks.
18:26 very interesting!
One of my co-workers (Venezuelan Immigrant) said that one of the biggest problems of South American is that anytime economic or developmental progress happens it is quickly devoured by corrupt politicians, criminal overlords, or foreign corporations. He himself fled to the states because his home town was being taken over by a violent gang demanding tribute from businesses. The situation got so bad that many businesses and civil services closed down, turning daily life into a constant search for food and shelter for many people. Police were doing nothing about it because they were payed to act as body guards for the few local wealthy individuals.
I know a Mexican man (now deceased) who came to the US and worked as a landscaper for 30 years, with the intention of retiring to his tiny hometown in central Mexico. He accumulated $50K, returned to Mexico and bought a small convenience store to run and maintain himself. Within two weeks, the local cartel took him hostage, forced him to withdraw 80% of his money from the bank at gunpoint, and then released him with the threat that he now had to turn over 25% of his revenues to them every week or they would kill him. He quickly sold his store for a deep discount and returned to the US and continued working as a landscaper. The same story you told, just a different country.
@@elizabethblane201 things that never happened. Stop watching too much movies
@@ingenieroriquelmecagardomo4067 I knew this man for 31 years, from 1987 to 2018, when he passed away from a heart attack. He worked for me on an occasional basis, but I saw him regularly, as his fiancee was my housekeeper. I knew his two sons and his daughter, whom I now see infrequently. They were like family members to me. He had no reason to make up stories. He was from El Platanar in Malinalco, Mexico. I never saw this in a movie; I heard it from the lips of a man of lived it. No jusgues, por favor. Hay cosas que no has vivido.
I live in Latin América. Its poor because the people here arent obsessed with material wealth like westerners. Latinos love their families and they enjoy life. Americans are the poor ones. Poor in spirit. Broken families. Moving across the country to serve bosses that dont care about their workers.
It takes alot of work to fight corruption. Latinos are less interested in doing that work.
In a nutshell the latin-american colonies were build on exploitation, not self-sufficiency.
How were north-american colonies not built on exploitation? Slavery ???
Just british bias revisionism because they were in fact develop for self-sufficiency colonies, the richest of all the eropeans colonies for centuries. Just look at how many universities and amazing picies of colonial architectual churches, cathedrals and institucional urban buildings are all over hispanic american countries.
This video is flawed and wrong. In a nutshell, Latin America is poor due to corruption
@@SteezyRedStars lol America is corrupt too
To be honest, so were the North American colonies, but to a lesser extent.
Great research. The pronunciations are painful, but it's a solid assessment. I think one has to always factor the United States and the [continued] exploitation of labor (to our gain). With the advent of Artificial Intelligence (AI) the gap in economic disparity is about to become an unfixable and proverbial gulf.
As a Spaniard I say that they did not know how to govern themselves. Is not a race issue. For example Argentina and Costa Rica are mostly spanish white. Although to Americans only anglos/saxons are the only whites.
Why the EU central bank lends money to Spain then? Don't you guys, too, know how to handle your coins? Consider, too, we took all your refugees during WWII and Franco dictatorship, FOR FREE. Give me a fucking break.
@@KAPANGAAAMASTER Where are you from brilliant brain?
@@xedu3603 You tell me first
I’m a little disappointed here because this video left out the US as something of an innocent bystander to Latin America’s demise. Plenty of examples exist regarding incentivizing/forcing disenfranchisement. The term ‘banana republics’ is no accident, and the northern neighbor’s demand for drugs continues to stymie growth in other areas. To be clear, I’m not saying all fault lies with the US or even Canada, but there have been interferences in the progress of Latin America, when this did not align with the interests of its Northern Neighbors.
Oh no, pretty much everything since 1900 is actually America's fault lol. They're literally like an adult taking advantage of a kid, while they constantly talk about how good they are since they're against colonialism and pro democracy and more.
The north is the least responsible for latinamerica.
@@takiz8667 Remember those dictators in Latin America? Guess what the north were responsible.
As a hispanic. I will say that hispanics need to stop blaming usa for our problems. Germany was under a dictatorship and completely destroyed and look at it now.
@@takiz8667 Lol I wonder who’s using all those drugs man? Where are the drugs going?
One correction I'd make is the statement that latin American has better geography than the USA. This is fairly false as Latin America's geography actually sucks. It's got a massive rainforest that once cleared isn't even all that good for farming (still better than nothing) massive geography barriers like the Amazon river and differences between its elevations. Meanwhile the us has the largest navigable water way in the world right on top of some of the best agricultural land
SA also has a North South orientation, meaning plant and animal varieties cannot be used across different places as easily.
But the Spanish wanted the riches they didn't want to live on the land
You can see something similar in Europe where ancient powers were Mediterranean but as civilization progressed Northern Europe became a better place for civilizations to exist.
There is an old system developed to convert the jungle into good farmland, they have been using it for decades
To help some people understand: geographical advantage googled is "In their effort to understand the spatial patterns of development, they emphasize not only the climate and the resource endowment of various regions, but also their locational advantage, such as the access to navigable rivers, seas, and oceans, as well as the strategic importance of straits and valleys." When you say geography it refers to the land not the animals or people even if they can influence the land. So saying south America is more geographically gifted because it has llamas is like saying my friend's car is better because it has groceries in it
Europe is rich, Africa is poor. Northern Europe is rich, southern Europe is relatively poor.
Northern europeans and east asians are the most recently evolved subclades.... afrcn is the oldest
As a latin american that lives in Brazil, it almost feels like it isnt worth living
I mean, working your ass off and still hardly buying food and also the amount of corruption really makes you think that its a losing battle either way.
Remember: The Spanish were "Conquistadors" (Conquerors)...and the English were "Settlers"...a huge difference...
The English where “settlers” because they were not able to fully subjugate the North American tribes as they were largely agrarian, decentralized and sparely populated. Less to do with desire and more to do with what they could actually accomplish, but in essence your correct.
@@CasualScholar Those Christian, capitalist "settlers" murdered the indigenous tribes and stole their land. Really not much difference after all.
@@mikemcintyre7084 So like the natives were doing between themselves??
English propaganda. This guy does not know anything about spanish history and beliefs the black legend 100%
After the British colonizers realized that enslaving the natives was infeasible and built America up to a strong level of power, they offered that the natives join the new society and assimilate. Some did, but most didn't, missions with the intent of converting natives sprang up here and there, mainly in the great plains, but America ended up mostly just sort of shoving the natives out of the way as it expanded westward culminating in a genocide.
Ironically if the Spanish hadn't chosen to enslave them, then the legacy of natives on the continent could have been lost altogether, both culturally and genetically.
i loved this video. it sums up what i have learned in my history lessons. i'm both brazilian and venezuelan, and i have lived on both countries, i have seen this culture of corruption and inequality that keeps us from moving forward. i hope that, like many asian countries the past decades, in the next coming years latin america will stabilize, grow and protect our resources and populations responsibly. not using the economic riches to benefit only those in power.
It is full of useless socialists. No more siesta time for you. Get to work.
Think many Asian countries had more established civilizations too before colonialisation, which instead meant that their native cultures were influenced less by colonial powers e.g. the countries that were formerly French Indochina (Vietnam, Cambodia, Laos) don't speak French, unlike northern African countries formerly colonized by France, though Vietnamese did switch from the Chinese to the Latin script. Also heard that the Mongols learnt Chinese after conquering China during the Yuan dynasty. In particular HK & Singapore have more ambivalent/benevolent attitudes towards the UK (their former colonial master) probably as they were colonised for their strategic shipping/trade ports' locations, which unlike natural resources (the common reason for colonialisation) is non-rivalrous
Wait a second. Chinese government is also corrupted as hell. Xi is just another dictator. Chinese people work hard. If not for the corruption, China could be much better.
North did better because they were able to enslave and exploit Africans.. something the OP conveniently left out. Yeah the colonists "worked hard"...
@@craigwright3902 Are you more on? Spaniards brought a ton of forced help to work on their plantations. It was the Spaniards that ran the forced help trade.
I’d have liked this video to include more content about the incredible amount of coups and dictators throughout Latin America. These dictators all read the same playbook and all of them did everything to silence dissent eliminate rivals and consolidate their power. You can look at the 20th and 21st centuries so to see that countries (such as Venezuela) get a government that implements freer markets and courts foreign investment. (And I feel like the foreign investment is so crucial. I look at it very clinically and every country is ranked bye how friendly it is to do business in. With all the corruption and instability that is rampant in Latin America why would I choose that level of risk to my business when I could just take my business to another country?). Only to see that government lose power and a dictator/strong man/authoritarian government come in and run that economic train right off of the rails. These governments then will place unqualified people to run organizations that they have privatized. The cycle continues to repeat itself.
It really gives me an appreciation for the safeguards that the US has put in place such as an electoral property, property rights, and free elections. Until you become a scholar of the rest of the world you’ll never appreciate what you have as an American.
never thought i would see my hometown of Nogales be in a video like this damn
As a Latin American born, "yes, yes and yes" to corruption assertions, sadly.
but corruption that has been nurtured and mantained in place by the USA's goverments or even worst, the sanctions of the US and their rich friends from Europe
The USA for the last 100 years have been robbing Latin America of all its resources and sending CIA to assassinate any politician who tries to make their country better and strong.
The (renamed) School of Americas was a training ground for all the dictators who would kill people for the USA in order to achieve that goal.
Brazil for 4 consecutive mandates had left wing politicians in power and Brazil jumped from 14th World Strongest Economy to 6th. The payment of the IMF debt the end of hunger, etc... So the USA send a CIA operative to place the front runner of the next election in jail without one shred of evidence ( the UN and the Supreme Court have concluded that recently ) Created a smear campaign to foment the impeachment of the president and placed a CLOWN a PUPPET in power and this CLOWN would even salute the American Flag and be seen entering the CIA headquarters in the USA.
Brazil's OIL reserves (3rd largest in the World) were GIVEN for FREE to the USA. Who wouldn't even have to pay taxes to explore their OIL for 25 years.
Brazil's economy took a massive dive and today not only inflation is at 100% a year, extreme poverty, hunger have all returned and Brazil dropped to 12th in GDP worldwide in 3 years.
The MEDIA in Brazil is owned by USA companies so the public opinion is easily controlled.
That is how the USA keeps stealing all of Latin American's wealth and getting richer.
Very simple!
Noam Chomsky speaks about it in lengths in his talks as well as former CIA agents that worked in the region. But it was never a very well kept secret. The CIA proud itself for destroying democracy in Latin America for decades
La corrupción es un sintoma, la enfermedad nadie te la dice porque no les conviene
Probably worth pointing out that in 1900 several South American nations were actually quite wealthy relative the rest of the world, so for some countries the question should be why they fell behind
I’m currently making a video specifically about that but in regards to Venezuela!
I think one reason was during middle east's success on oil exploration. (Venezuela to be specific)
@@michaelflores6445 I'd like to add too that perhaps, the region also fell out because they couldn't keep up with economic and trade relevancy with the rise of trade, economic and politcal activity pivoting to Asia, and still continually happening. But today, Africa is also rising, which makes me think that South America might lag a little more, but it will all depend on the future leaders of Latin American countries on which direction they want their countries to go. 🤔
There a misunderstanding how the US and Mexico become modern nations. The US committed concise against the Natives, removed them from their lands, implanted themselves and their culture with no resistance and developed their world class economy on the back of slavery.
Mexico endured genocide and destruction of it's ancient and developed civilizations. But Mexico was able to kick out the invaders and from the ashes establish the modern Nation of Mexico. But since it's birth incursions from European nations to conquer it were non stop but every time Mexico was victories over the European powers. But then came the US, robbed half of Mexico. There has been about 10 military intervention to Mexico from the US, always destabilizing Mexico politically and economically.
@@alistairt7544 Brazil will be part of the OCDE if Bolsonaro win again. Fuck socialists.
I think citing policy in Jamestown as the beginning of the United States' course towards democracy and capitalism without considering or even mentioning the Puritans and Separatists in New England is a huge oversight. Understanding the development of the Puritan colonies is absolutely vital to understanding the later course of US society, government, policy, and culture.
The first attempt at Plymouth Rock at socialism failed and the North learned from that.
@@eaglewing1415the US oppress socialism despite how badly they need it
1:27 that’s not Nogales, that’s Tijuana on the right and San Diego on the left..
Once again you are spot on sir. Please keep up the great work. You are one of the only people to piece together facts, to lay out the"why" as acurately as possible, all without emotional or political diatribe.
Yet doesn´t mention the real problem. what if... the USA independence war, were made by mixed race between brithish and north native americans?. That´s the big idiosyncrasy difference between USA and latinamerica. Hispanic ppl are a mixed race. British wipe out the north natives and stole their lands. They had their european background and they had a better understanding about ambition and wealth. Meanwhile Spanish enslaved natives, the society becomes a mixed race without a strong background. In few words, british colonies had "more experience" about greedy, ambition, economic, rich, and how make it last, than a confused mixed race society.
I live in Latin América. Its poor because the people here arent obsessed with material wealth like westerners. Latinos love their families and they enjoy life. Americans are the poor ones. Poor in spirit. Broken families. Moving across the country to serve bosses that dont care about their workers.
That’s why I moved from Latin America to the US, Latin America isn’t getting better anytime soon. It’s been like that since the beginning.
Good choice sir.
Latin america not getting better anytime soon, hopefully american overlords can keep extracting cheap resources and keep latin america as an underdeveloped underpaid resource extracting economy!! I love US backed overthrowing democratically elected leaders that don't benefit their interests!! The ignorance and hypocrisy are insane
In Colombia and Ecuador, I see a lack of education (i.e. knowing that putting 10 businesses right next to each other selling the same kind of products and services is a terrible capitalistic idea) and motivation (not making the customer #1 and removing blocks from making it easier for customers to buy from you) as major factors today. Businesses do not understand that time=money and that the longer it takes to try to buy something (including infinity because the customer gives up), the less money you have per hour/day/week/month to spend money. The slower the business is to spend money because they are so slow to make money, the less money other businesses get from that. It is a downward cycle... one encouraged by the slower pace of life in warm weather regions like most of the population centers in Latin America.
Yes, corruption matters, but every day I encounter businesses that could make more money THAT day by just working faster and making it easier for customers to spend their money, not just accepting the status quo saying "tranquillo" or "paciencia". And then the ones that are just redundantly with too many other businesses... they need to rethink their entire business and find what people need that they cannot already get. That is of course hard work, and not easy to do when you lack the motivation because your culture is too accepting of life experiences.
This was a great video. If you are interested in the evolution of Latin America through the lense of exploitation of its resources, I highly recommend ‘Open Veins of Latin America’
I learned quite a bit here. Awesome video!
This guy deserves more views
Definetly agree
Really Appreciate it! Glad you enjoyed the video
Why is the google algorithm not working
Agreed
Jajaja
They're poor because the people who live there.
because the U.S.A likes it that way. there, saved y'all 22 minutes.
As a POC, it's a shame to admit that for some reason there is an inherent greed and desire to exploit internally with POC nations.
Would disagree with one aspect near the end: the results were impacted by the nature of the country colonizing it. England, while still a monarchy, had limited elitist power and more power to the common man, mostly because of the Magna Carta. Spain’s monarchy was more of a traditional monarchy. While England still had its issues with a ruling class and very little upward movement, it did value its workers significantly more than other colonial monarchies in Europe.
Even so, that did not stop England and its later form the British Empire from committing atrocities against colonists or indigenous peoples. Take Ireland for example. Indeed the British were far less brutal than the Ottoman Turk, Spaniard, French, Belgian, Dutch, Russian and Japanese in treating colonial subjects. Except in southern Africa where the British had a mass murderer in the form of Cecil Rhodes.
Well, the British valued their workers so much that they had children aged 5-12 working in the coal mines of the industrial revolution, sometimes for a plate of food, until 1850. Children and women of the Spanish empire could not work in the mines since the 16th century. 90% of the Commonwealth is India, Pakistan, Botswana, Zimbabwe. Even the regions of the British empire in parts of Central and South America are Jamaica, Belize, Guyana, Trinidad and Tobago. They are as poor as Guatemala, and less rich than Argentina, Uruguay, Chile, Panama or Costa Rica, which have very high human development (among the 66 most advanced countries in the world). The USA, Australia, New Zealand or Canada are rich like the Spanish empire in the Netherlands, parts of Germany and France or Italy: lands with a majority European population, already civilized, but with even more natural resources for a small population, in Australia or Canada. If Australia (3 inhabitants per km2) had the population density of Mexico (65 inhabitants per km2) it would be directly poor, with 600 million inhabitants living in inhospitable and poorly communicated areas.
@@abellyold4859 The British removed crops from large regions of India, in the 18th-19th centuries, to plant cotton for the English textile industry. That produced 20-30 million deaths in more than 7 major famines. Churcill still ordered the burning of many Indian food crops in 1942, to stop the Japanese advance, because he did not trust the British Army to stop the Japanese invasion of India, after the defeat at Singapore. That caused 2 million deaths in India, due to hunger. All local, indigenous empires have made mistakes. Even local empires had human sacrifice, sometimes cannibalism, and slaves.
lil bro's allergic to history books 😭😭
@@abellyold4859 If you read Latin American history and compare with the English history in the north part of the American continent , the Spaniards were not brutal at all , let me tell you , the Spaniards founded the first University in the American continent ( Cape Horn to Alaska )in May 1551in Peru and the second in September of 1551 in Mexico , to educate whom? the first Civil Rights , Human Rights declaration in the history of the world by the Queen of Spain Isabel The Catholic , defending and protecting the people of America , you need to read a lot
Because of our own corruption and mediocrity. Lets stop blaming Spain, lets stop blaming "the empire", and lets start taking a look out ourselves and realizing that its our own decisions, politicians, and work ethics that keep us poor and unequal.
Excellent mindset, what is done is done.
But the future is still to build.
Good luck ! May your continent improve !
@@francoiscamy5066 thanks! look, after WW2 Germany was 95% bombed to rubble. Japan had two nuclear attacks. Look how they rebuilt. We have excellent weather, resources, landscapes... and also a victim mentality to justify our own mediocrity and corruption.
Your video made a correct approach about the different types of colonization and their respective consequences. However, there is no mention of the overthrow of Latin American governments sponsored by the United States during the 20th century. I am Brazilian and I say that, if there had not been the military dictatorship that began in 1964, Brazil would be on another level. Remember, it was never in the interests of the great powers of the northern hemisphere for the commodity rich countries of the southern hemisphere to become great industrial powers. There is always the boycott.
Yes! Totally agree with you.
Also, American slavery is ommited and it played a big role in US development!
@@Makartz it didn't. It held back development because there was no need to create agricultural machinery or fine tune the methods. If anything it gave a terrible technological backdoor. You could always put humans to do the work.
@@Makartz If you think American slavery was huge look into Brazils. There were more African slaves sent to Brazil than all of North America combined, around 40-50% of all African slaves ended up just in Brazil. Brazil was the last country in the new world to end slavery and they were one of the last major countries to end slavery. Around 65% of the country is noticeably mixed race or majority of African decent since so many slaves were sent there, compare that to the US who were another major user of African slaves where that number is closer to 12%. For a country their size Portugal had an insane reliance on slavery for their economy and when they gained independence rather than instituting change like most post colonial nations Brazil simply copied Portugal, complete with their own European style monarchy.
Fascinating. Great work! So interesting that the reason South America today has worse political and economic insitutuions traces back to the fact they were MORE advanced when the Spanish arrived and threfore easier to take over and control.
What the actual fuck are you just saying? I just can't with this people
Yeah bro oc they were more advanced than the spanish but they commited sacrifices of thousands of people in the name of a god to rain. The were developed but they had one of the most slavery socieities in the history of humanity. They were developed but when the spanish arrived 95% of they wanted to make alliance with the spanish because the were sick of living in a place where the king can just pick your mother and your sister and open their chest to eat their hearts because the wanted to RAIN.
""""""DEVELOPED SOCIETY"""""""
Thank you so much for the video.
As a Brazilian history teacher I’ll give details on Brazil and how it differs from the rest of Latin America.
1) different from Spanish colonies with lots of Indians to explore, our Indians were kind of sparse and primitive (like in North America). So the Portuguese colonizers brought African Slaves (10 times more than the USA. In fact, black slavery was the backbone of our society). At least northeast Brazil was this way.
Southern Brazil was poorer. It was inhabited by frontiersmen known as “bandeirantes”. They were like the Brazilian version of Cossacks of Russia. Except that they were a mixed race folk who inherited the Portuguese conquistadors’s prowess and the indigenous cunning of living in the wild.
They had no money to buy African slaves so they enslaved Indians (even though they had Indian blood themselves). Some went on to live off of cattle raising (especially in the southernmost regions of Brazil. And others became subsistence farmers).
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As Brazil became indedepent in 1822, our first ruler was actually the son of the king of Portugal. His dad said: “son, proclaim the independence before some revolutionary man does it”.
So Brazil during the monarchy had a dichotomy where local elites wanted more independence from central imperial control. And monarchy wanted some law and order to make Brazil a strong nation. It was because of the monarchy that Brazil didn’t break up into several small republics like Spanish America.
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In 1889 a year after the monarchy abolished slavery, plantation owners who felt betrayed made a coup and overthrew the monarchy. They installed a puppet republic that only served the needs of the elite plantation owners of São Paulo state (the richest state). There almost no middle class in Brazil until then.
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It was like this until 1930 when a revolution driven by opposition elites and lower ranking military officials made another coup and tried to install a government that would modernize Brazil and industrialize it.
This was the birth of Brazil as an industrial country.
Unfortunately up to this day, the elites have tried to stall the country’s development and the improvement of the population.
They even made deals with the most powerful left wing party led by Lula da Silva so as to make the lower classes vote for elitist politicians.
lula wasn't the guy who almost made Brazil a superpower? he's was there when bricks was a thing
@@MultiBigman007 Trying to be as neutral as I can be, because Lula is one of the most controversial characters of Brazil recent history.
The worker's party government (Lula and Dilma) that took place between 2003-2016, brought great advancements to the brazilian economy and society, in great part due to the exponential growth that the country had exporting grains to countries like USA and China, but this growth caused a process of deindustrialization of the country that made Brazil more dependent of the international market.
In the side of politics, in 2002, when the worker's party was elected, Lula was badly recepted by the brazilian and international elite, that caused a crash in the brazilian economy that was already weak by some decisions of the government before his, part of the crash was caused by these elites pulling investment from the country and to quell the economy Lula had to start making conection with these Elites that already had control of great part of the legislative, as Kaleo said, these connections brought more stability to the government but made it less radical in their changes, these relationship also brought the government into giant corruption schemes, that in the long run destroyed their reputation and created grounds for the movements that brought the actual government.
Before concluding I want to reiterate that even though these things happened the Lula government was one of the most important governments for the people in Brazil, it reduced giant problems that were caused by inequality, like taking the country out of the HungerMap and poverty line and democratizing higher education.
In summary, the worker's party government brought great advancements for Brazil, but they were at the cost of the brazilian industry and helped by corruption schemes and relationship with the elites.
(sorry for the long text and for possible errors as I made these by memory, I also tried to be as Neutral as possible considering that this topic is super controversial in brazilian politics and we are in presidential election year and Lula is one of the biggest candidates)
Thank you, Kaleo and Vitor, for your enlightening capsule histories of Brazil. What, then, accounted for the rise of Trump-like Jair Balsonaro?
Hoje aprendi que os nativos norte americanos eram tão primitivos quanto os congêneres brasileiros e menos que os seus parentes sul americanos rsrs. E a causa da desindustrialização do país não é um processo antigo e gradual de concorrência dos produtos chineses mas devido ao foco no agro rsrs.
@@rolandtours8404 This topic is an ongoing discussion but there are some similiraties between bolsonaro's and trump's ascension. Both basically came with the same discourse of being outsiders that spoke their minds and are not sided with the corrupts of the older governements.
Because Brazil suffered from 2 giant corruption scandals between 2006 and 2015 (Mensalão and Lava-Jato Operation), both in the Worker's Party government, the population became exausted from corruption, that exaustation was the breeding ground for far right populist movement to rise and when bolsonaro, a minor politician from Rio de janeiro, appeared in the spotlight saying that he was an outsider ( in reality he was deep in the brazilian government for more than 20 years) and that he wasn't corrupt (since his election he and his family appeared in a bunch of corruption scandals with possible ties with a crime organization from rio) the population took his word and elected him.
Other factor to put in motion both presidents candidacy was a great influence of fake news in their political campaigns to smear their opponents reputation.
I visited Nogales 20+ years ago, both sides, and remember the stark contrast. There were thousands of corrugated, steel shanties up and down a hillside. Children were selling chicklet gum to visitors. It was eye opening. Funnily enough, I'm from St. Louis, the city you compared Nogales to. Although, I'm in one of the counties, which is much safer.
For those that say America sucks(not saying you lol)....go to the Mexico side of Nogales. Lol exactly, now you don't wanna ha. I was apart of a private contractor team that provided security for the new wall at the Nogales border. Mexico side will take pop shots at the construction workers. Which is why I and my team were sent there. So much drugs and human trafficking comes across this section. Most of the woman get sexualy assaulted and would try to find us to surender to us for help. We would catch at least a dozen MS13 gang members trying to cross at Nogales. So no....it's not just good people coming lol. Out of a 5 month deployment we caught, 98 MS13 gang members(verified) and another 156 gang members from 8 different gangs(verified) and we were shot at, including construction workers on average, twice a week. CNN ain't reporting that lol.
@@nexpro6118 ppp
@@nexpro6118 That's one thing that drives me crazy about some people, especially the American left. Many honestly think the US is a 3rd world country, that we have some of the worse crime, that the country has freedom on par with the 3rd world, that you're liable to be shot, and that the workers rights are on par with the 3rd world. They often compare the US to the best parts of Europe and they're always careful to cherry the wealthiest parts of Europe. They seriously blow things out of proportion simply because the US actually reports on their problems rather than sweep them under the rug and since the US dominates global media it makes the problems seem far worse then they are. For example:
1. The US actually ranks pretty low on crime, #56 globally (higher rank, more crime), and lower than parts of Europe. France for example ranks at #46 and Sweden #54.
2. The US is also pretty free. Depending on who does the ranking the US usually ranks around #15 lately, again beating out many parts of Europe and above average compared to Europe as a whole and even better than countries like Japan.
3. The US's homicide rate, despite all the cartels moving to the US and despite suffering a migrant crisis on par with what the EU has been dealing with for the last few years, only for America its been going on for decades. The US ranks #58 by homicides, which is relatively high but again beats out parts of Europe.
4. Workers rights in the US arent as good as parts of Europe but you've also got more freedom. It's pretty easy to start your own company, it's easy to jump careers (I've known people who got fired in the morning and got a job with similar pay by the end of the work day), and the US has one of the highest average/median wages.
5. People also often bring up the US healthcare system, which does suck, but is still above average. The US has some of the best hospitals, best medical schools, ranks above average on per capita physicians and nurses, #39 by average lifespan (again, somewhat lowered based off the rush of people from 3rd world countries, average lifespan for white Americans who make up the smallest group of immigrants for example would make the US #25 at 78 years). They also ignore the fact that while many countries do have universal healthcare in most cases it's almost impossible to see a doctor since the system is under funded, under equipped, not very advanced, and under staffed. In China for example it can take months to see a doctor and much of the rural parts of China have little to no access to doctors at all and many 3rd world countries are the same.
No matter how you look at it the US is a first world nation and by many metrics is better off than parts of the EU. the US has it's problems but often they're not nearly as bad as people make them out to be simply because the US media always tries to make things out to be far worse than they actually are to draw in more clicks and views. When you actually look at things like human rights (large parts of Europe dont recognize and/or allow gay marriage for example), income (American poor people earn more than the average income of most countries), or freedom the US is still pretty highly ranked and superior to even parts of Europe.
@@arthas640 god I'm in love with you for that response. LOL
@@arthas640 US's problem is that the poor areas tend to be very bad while the rich areas are very good. When you average it out the US does ok
I think Uruguay is the outlier among Latin American countries. It is small, but it performs well above their weight class.
🇺🇾🇺🇾
So small it’s practically a city in other countries, of course it would be
Nice explanation, im fron mexico and i agree whit u
Life expectancy in:
Costa Rica: 80.8 years
Chile: 80.7 years
Peru: 79,9 years
Colombia: 79.3 years
Panama: 79.3 years
United States: 78.5 years
Ecuador: 78.4 years
What where we talking about? ah, money, yes... that...
Because Americans have some of the most unhealthy diets and reject alot of natural diets unlike Latin Americans everyone knows this
Man, let me translate this video to Spanish to make it available/understandable to Latin American people. It is extremely educational, and perhaps two or three of us could learn from it. Great job btw.
I'm argentinian and this video is very interesting but I have the advantage that I can understand English. Would be interesting if this content would be available on Spanish
This videos is full of trash and only presents excuses as to why it got this bad, it is a very complex situation but it can be defined in two main subjects, foreing intervention and local corruption, divide and conquer is the modus for the europeans and US, they provide the best for a class "politics" and help them with propaganda in exchange for concesions, the corruption generates on this inner circles that have support to send the money abroad by this capitalist governments that help them to get the power, so my summary, even if they have screw us badly the main problem resides in our ignorance of the facts and the divisive culture they drags us into, like (socialism and populism is bad only real democracy bla bla) and this keep us from making an agenda that could destroy their plans of hegemony.
Si haces eso créeme que estarás incurriendo en un grave error al propagar la leyenda negra para beneficio de los anglosajones. Todo lo que explica en este vídeo es una gran mentira. Hispanoámerica no siempre fue pobre, los Virreinatos fueron los lugares más prósperos del mundo en su época mientras las 13 colonias eran puebluchos donde la gente mal vivía, ciudades como Mexico o Lima se erigían con fastuosos palacios, universidades y hospitales. Mientras los españoles se mezclaban con los indígenas los ingleses y americanos extinguieron a toda la población nativa. La causa de la pobreza en Hispanoamérica radica en lo que sucedió después de la independencia y como pasamos de ser Virreinatos poderosos del imperio Español a colonias informales de Inglaterra y Estados Unidos.
"it's not culture"
>Proceeds to explain that it's culture.
There's a difference between economic model and culture.
What civil war is he referring to that was before the 16th century in Britain? The only civil war i know of is the one that took place in the 1600s when Oliver Cromwell fought the army of Charles I, won, and the king was executed.
Excellent video Casual Scholar. You have explained what many of us in my country Guatemala learned about the roots of our failures in Latin America. At some point we as young students, I'm no longer one, come to question what made the US richer than our countries. Considering that it was a much younger nation. The way you described that part of our socio-economic system refreshed my memory from my days in College. Thanks and best regards!
three points:
... In the first place you were never able to name the African slave labor force that never received a payment, which was free labor and that benefit American landowners to accumulate large sums of money, the abuse of the british colonizers who displaced and exterminated the indigenous people in the north of the American continent, reducing entire populations to simple reserves, and the political interference of the powers (Eurocentrist) in the countries to maintain the costs of raw materials in their favor, being a good example of Panama and its independence in exchange for appropriating the channel for 100 years agreement
Well 99 years, ather which Panama got ownership if the canal and it revenues.
Yes! He completely overlooked the involvement of united states' and other country's to manipulate governments and policy's to maintain the not only the prices down , they fought to retain the ownership of large amounts of land like in central America with the banana republics as well like Venezuela an his oil us is entrenched in a lot of these problems in Latin america, I loved the video but it's not considering big variables in the history
You can’t claim that European exploitation made them poor when they were already poor to begin with. If given the choice, almost no Latino would choose to live under the conditions that existed prior to European colonialism instead of what exists there today.
This is something that’s always conveniently ignored by people with an axe to grind against Europeans.
@@michaelardito2022These indigenous people lived the life that were known to them for thousands of years, They were happy and didn't need Europeans to improve or make them happy. Instead of reflecting on a point that doesn't make sense acknowledge how many lives were loss in the hands of the Europeans.
@@fridaymanly Their immigration patterns suggest otherwise. Latinos are flooding into the (majority white) US and Canada by the millions on an almost annual basis so they can have even more access to those awful European oppressors.
Maybe instead of acknowledging the lives lost to Europeans hundreds of years ago, we should acknowledge the lives lost at the hands of other Amerindians who were conquering, pillaging, raping and sacrificing each other.
1:29
“Nogales, Arizona… Nogales, Sonora”
What agreat mini documentary. Instant sub!
The only thin he said is "uhh Spain bad UK good" excuse me?
WOW! This a great video essay. Well written. Keep up the great work! -
- Former VH1 Senior Producer and MTV award recipient for Creative Excellence.
Thank you! Very glad you enjoyed!
I would like to add that in Mexico we had a 1 party government for almost 70 years till year 2000, although even if we had in recent years a 2 party sistem, the decisions were already made by the clients of these 2 party's so it didn't matter if the red party or the blue party won, they were essentially the same. It seems like here in Mexico and all of Latin America we have a lot of work to do to undo a lot of the damage that has been done to us over the years.
And just a reminder that the us had an interest to keep all of Latin America poor so we could be the backyard of the us. Search for the so called "Banana Republic" and the "Operation Condor". There have been somewhere between 60 to 70 interventions from the us in Latin America in the last century.
"Pobre México, tan lejos de Dios y tan cerca de Estados Unidos"
The monroe doctrine?
As an American, the US is evil. I’ll admit it.
@@johnnyflores5954 That was just a paper doctrine, The US navy had at the time between 6 to 10 blue water ships While The Brits had close to 100.
You’re poor because of your average iq, no inventions, and laziness
Probably some mention of operation condor could have been added.
Because Of The
Lack Of Quality
Among People
+The Systems,
Architectures In Place!!
Thanks for sharing such wonderful content with your audience. It is very interesting stuff. I appreciate all the work put into it. Sincere thanks!
Thanks for contributing absolutely nothing to this comment section
Sadly, I think some of these factors have even gone on to influence the cultures of the very countries they plague. Now, I can only point to my personal experiences but I will say that it's scary to see the level at which people in many of these countries tend to downplay the seriousness of anything legal. What I mean is, almost ANYTHING can be done "under the table", you just need the right connections and/or money. That's not to say everyone's like that, not at all, but I've seen honest, good-hearted people be criticized by family members and neighbors for something as simple as getting their license renewed or paying full price for a legal service. Some problems are just so deep-rooted that people need to change their way of thinking for any real change to come, no politician or law could force it.
Exactly this!!
The poor learn from the rich. It is happening in the US. The fish rots from the head down.
100% agree with this, this is innerent to the latin america people minds, seriously, sometimes my family act and think like this and they're really dont try to be a "bad people" they treat the corruption as something normal... too normal ,they're just like you mention but in a natural way... and me too , it's a fcking seed in the deeper of the people mind, and, this "corruption seed" was a problem from ages, im not gonna mention the stupid "spanish black legend" , but this problem in my point of view is comming from a lot of years.
Excellent comment. Sadly, that mentality is starting to become all too prevalent in the US. People seem to think that it's OK to screw insurance companies, the government, etc. , etc, . thinking to themselves "well... everyone else is doing it"... such a shit attitude and way to live.
NO socialism Duh
Geography between North and South America are very different for capital generation.
Grew up in Tucson in high school we would go to nogales to drink at the bars. It was fairly safe we went in big groups. It could get crazy we were at a club/bar drinking Sol and bam a local guy blew his brajns out on the dance floor across the street at another bar.
I was so glad i didn't see that. Anyways that was the 90s probably a no go zone now
Latin America for many centuries has been brutally plundered by colonialism and neo-colonialism. Not only the Spanish empire but more recently by the United States and organizations such as the International Monetary Fund, my problem with this type of videos is that they are not usually impartial with topics such as "Chiquita Fruit Company" the coups organized by the CIA to our democracies. And the enormous amount of resources that even today continue to leave our countries. The foreign policy of the United States has always played a negative role in our developments. An entire video could be dedicated to US special operations towards LATAM.
Agreed, the after explaining colonialism and being seemingly promising the video conveniently ignores later, and ongoing, exploitation. Kind of a significant factor that I would expect to be included :/
I think it's pretty easy to blame others for a countries issues than getting to the root of the issue and changing it. You're acting as if Latin America was great and the US somehow ruined it or it was going to take off. It wasn't for the exact reason it's where it is now.
Some of us are old enough to remember what the term 'Banana Republics' means, John Foster Dulles, United Fruit, and all the rest.
An excerpt from a website about the 1954 US overthrow of the Arbenz democratic government in Guatemala: The business of United Fruit was bananas, and from bananas it had built an empire in the Central American nations of Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, and Panama.
Some years ago, I had a roommate who had been a young boy living in El Salvador during the time of its civil war. I will never forget El Salvador.
These youtube videos can't cover everything. That doesn't mean that people don't know about some of the things that happened.
"Countries whose governments are ineffectual, arbitrary, or thoroughly corrupt can remain poor despite an abundance of natural resources, because neither foreign nor domestic entrepreneurs want to risk the kinds of large investments which are required to develop natural resources into finished products that raise the general standard of living." - Thomas Sowell in Basic Economics.
Lots of such industries exist in these countries. Valuable minerals and oil have been sought after in the poorest of countries. The problem with this is the companies get the profit, not the people. To achieve a high status of development and standard of living, countries need to develop their own companies that can compete in the global market, otherwise wealth just leaves the country, rather than entering it.
@Some Idiot for that, you need to bring knowledgeable people from the industry to teach the first generation of local professionals. Also, of course, the companies get the profit. That's the whole goal of a company: to make a profit. The employee gets paid and experience.
@@GaJiarg Well the companies from developed countries in underdeveloped countries are not there teaching the locals, they're just there to extract money while paying slave wages. You think Apple is paying good wages to the children digging up cobalt for them in the Congo?
I live in Latin América. Its poor because the people here arent obsessed with material wealth like westerners. Latinos love their families and they enjoy life. Americans are the poor ones. Poor in spirit. Broken families. Moving across the country to serve bosses that dont care about their workers.
Two Words : Operation Condor
It goes to show how HISTORY is a much better predictor of economic success or failure than geography.
1:06
I see retaining walls made of tires….