Re: Why has the free market left South Americans poor

>Still, has the free market failed? And if so, is that the reason this
>is happening?

A tiny fraction of the population owns all of the land resulting in a
neofeudalist economy.

The governments are more than happy to borrow tremendous sums from
foreign investors, denominated in foreign currencies, leading to near
continuous currency crises.

That about sums it up.

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