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Wealth and Challenges in Latin America

Apr 8, 2025

The New Open Veins of Latin America: Gold, Oil, and Avocados

Author: Irene Hernández Velasco, special for BBC Mundo

Date: June 11, 2020

Introduction

  • 50 years of "Open Veins of Latin America"
    • Essay by Eduardo Galeano denouncing the plundering of natural resources.
    • Inspired leftist leaders like Lula, Evo Morales, Rafael Correa, and Hugo Chávez.
  • Galeano and the curse of natural resources
    • "We Latin Americans are poor because the ground we tread is rich."

Andy Robinson: "Gold, Oil, and Avocados"

  • British journalist revisiting Galeano's travels.
  • Book "Gold, Oil, and Avocados" analyzes the new wealth of Latin America.
  • Resources like coltan, oil, lithium, soy, niobium, and avocados.

New Raw Materials in Latin America

  • Brazil: largest producer of soy, meat, and chicken.
  • Minerals: niobium and coltan with geopolitical value.
  • Lithium: its role in the coup in Bolivia.

Economic Challenges

  • They failed to break the dependency on raw material exports.
  • Impact of price volatility.

Working Conditions and Environment

  • Tough conditions for miners and communities affected by deforestation.
  • Destruction of the rainforest and displacement of peasant communities.

Impact of Coronavirus

  • Health and economic crisis intensifies social inequalities.
  • Negative effects on leftist governments and their policies.

Robinson's Conclusions

  • Need to defeat neoliberalism and rethink the economic model.
  • Proposal for redistribution based on alternative energies and small businesses.