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Originally Posted by jorgelito
Yes I believe this was the "better a dictator than a communist" doctrine from the Cold War era.
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Yes, it was that but it was also a huge push to open the Latin American markets to American business interests. The left leaning governments were interested in protectionist policies that would not give access to (or would with high tariffs) US business interests.
Without exception, the Juntas imposed Chicago School lassez-faire styled economic systems upon their nations.
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“Under a separation of state and economics, especially with laissez-faire capitalism [Free Trade], the state no longer has a role to play in protecting the people and assuring their happiness. Laissez-faire means capitalism is outside the regulatory control of the state and that the people are entirely at the mercy of the capitalists.”
– Thomas Jefferson
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