Hal
Weitzman will be at After-Words books on February 16, 2012 from 6:30 p.m. giving
a talk and signing copies of his book Latin Lessons: How South America Stopped
Listening to the United States and Started Prospering (Hardback,
Wiley, $25.95). Wine reception
following.
In recent years, the U.S. economy
has fallen on hard times, with persistently high unemployment, stagnant wages,
and a fast-expanding national debt burden. At the same time, South
America has been booming, with rapid economic growth, falling
jobless rates and decreasing indebtedness.
In Latin Lessons: How South
America Stopped Listening to the United States and Started Prospering,
Financial Times reporter Hal Weitzman explains how,
after many decades of destructive political and military interference and
disastrous economic and trade policies, many South American countries have had
enough of the American way of doing things. Thanks to demand from big emerging
economies, which has caused commodity prices to surge and cash to flow in to
the continent, most South American governments have become increasingly
“resource nationalistic” and have ramped up social spending to meet the needs
of the poor and the indigenous, causing poverty levels to drop – at the same
time as poverty has been on the increase in the United States.
Combining sharp wit and great storytelling with trenchant
analysis, Hal Weitzman examines how America
“lost the South” and argues that if the United
States is to find a new role in a world of emerging
superpowers, it must reengage with Latin America. Hal Weitzman explores the mistakes the United States has made in Latin
America—and the high price it will pay for them.
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