The Political Economy of Progressive Uruguay, 2005–2016
by Gabriel Oyhantçabal
The 2005 election of the Frente Amplio (Broad Front) to the national government initiated a new stage in Uruguay’s recent history characterized by capital accumulation, increase of income for the working class, and the development of social policies. An analysis of the particularities of this historical period challenges official and liberal positions that attribute them exclusively to the capacities of government authorities. Progressiveness expresses a particular way of valorizing capital emerging from the crisis of neoliberalism that is characterized by the linking of capital accumulation with wage increases and social policies made possible by external conditions including the increase of ground rent and flows of foreign capital.
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