I argue, that analyses of the current crisis in the United States would do better to situate impoverished people of color not as aberrations at the fringes of american life but rather as one of many nodes in global circuits of exploitation. This framing atomizes poor black communities and other communities of color within the boundaries of US political-economy. The headlines paraphrased Temin's findings as evidence that the United States has "regressed to developing nation status." This article analyzes Temin's argument as part of a broader liberal response to the issue of growing economic disparity in the United States rooted in nationalist narratives of middle-class prosperity and egalitarian capitalism. The 2017 release of MIT-economist Peter Temin's study on the emergence of a dual economy gained traction in major media outlets. However, as much as Galeano points his finger outwards at these countries, he is also quick to point his finger inwards at the petit bourgeoisie, a cabal of "native overseers" or, that is, local politicians, 1 military leaders, opportunistic intellectuals, and corrupt capitalists who form an oligarchy that Galeano, Eduardo. His goal is to reveal the cycle of violence that has led Latin American countries into a state of dependency and poverty due to the plundering and profiteering of their vast natural resources by a revolving door of colonial and imperial powers. Starting his study five hundred years ago with the arrival of the colonizing Spanish conquistadors and their desire for gold, Galeano's work traverses from this initial invasion up to modern times with the current invasion by neocolonial powers, such as America and other oil hungry nations, and the unscrupulous methods of exploitation perpetrated by these countries' multinational corporations, such as Standard Oil and Shell, and the continuing violence that these entities enact against Latin America, its people, and resources.
An astonishingly informative study about the history of exploitation of Latin American countries, their people and resources by imperialist and colonialist powers.
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