Abstract:
Richard Stanley Hillman and Joseph Antinoro-Polizzi
This piece breaks down typical development models for Latin America and offers a more nuanced approach to understanding the socioeconomic needs of the region. Latin American development has been polarized by the conflict between international capitalism and revolutionary Marxism. The western world proposes vague and preconceived solutions that assume a universal method for development, warranting reappraisal. Neither overdependence on foreign capital nor violent revolution inherently fosters the necessary administrative competence for long-term establishments. Development efforts must hone in on administrative change that generates “techno-managerial” proficiency and is sensitive to the culture. Indigenous and culturally acceptable innovation catalyzes change that cannot be circumvented by foreign models. Educational institutions are means for social research that can be applied to these programs, making them potential change-agents. Socio-economic development depends on the consideration of cultural and political preconditions, which is heavily influenced by the relationship between educational institutions and financial and material programs.
Keywords: Latin America, economic development, Marxism
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