The Social Science Library » The Strength of Markets in Latin America’s Sociopolitical Discourse, 1750-1850: Some Preliminary Observations

The Strength of Markets in Latin America’s Sociopolitical Discourse, 1750-1850: Some Preliminary Observations

Author(s)	Salvatore, Ricardo D.
Abstract	The formative period for the nation-states of Latin America, 1750 to 1850, saw two approaches to the use of the economic market in achieving sociopolitical goals. Bourbon reformers in the latter half of the 18th century saw commerce between Spain and its colonies as the key to civilizing the colonies and regaining Spain’s power. In contrast, 19th-century liberals successfully penetrated the world markets by fostering free trade and reforming tariffs, also with the goal of increasing Spain’s power. In both discourses, a self-regulating market was absent, leaving the government rather than economics as the organizer of social life. The market had to conform to governmental power, rather than shape governmental policy.
IssueNo	1
Pages	22-43
Article	Access to Article
Source	Latin American Perspectives
VolumeNo	26
PubDate	January1999
ISBN_ISSN	0094-582X
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The Strength of Markets in Latin America’s Sociopolitical Discourse, 1750-1850: Some Preliminary Observations