Excerpt
Excerpt
Latin American Inequality: Colonial Origins, Commodity Booms or a Missed Twentieth-Century Leveling? Jeffrey Williamson, May 27, 2015, Paper. "Most analysts of the modern Latin American economy have held the pessimistic belief in historical persistence—they believe that Latin America has always had very high levels of inequality, and that it is the Iberian colonists' fault. Thus, modern analysts see today a more unequal Latin America compared with Asia and most rich post-industrial nations and assume that this must always have been true. Indeed, some have argued that high inequality appeared very early in the..." Link