“Rapid economic growth and more inclusive social policies in Latin America in the last decade have lifted 50 million people into the middle class, which for the first time rivals the poor in number, the World Bank said in a study on Tuesday. “Most countries in the region are on their way to becoming middle-class societies; this represents a historic change,” World Bank President Jim Yong Kim told reporters. Rising income levels have also created a ‘vulnerable’ class, which at 38 percent makes up the largest income group. These people hover just above poverty, living on a daily income between and per person.”* Cenk Uygur analyzes how Latin American countries ruled by extreme leftists could have succeeded in adding 50 million people to the middle class. Was it commodities, a system with more credence than previously believed, statistics mainly focusing on Brazil, or something else? Dave Koller weighs in. *Read more from Anna Yukhananov/ Reuters: www.reuters.com Support The Young Turks by Subscribing bit.ly Support The Young Turks by Shopping bit.ly Like Us on Facebook: www.fb.com Follow Us on Twitter: bit.ly Buy TYT Merch: theyoungturks.spreadshirt.com Find out how to watch The Young Turks on Current by clicking here: www.current.com
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Hey do you know Central America is NOT LATIN AMERICA there are big diffrents cultures
Central America consists of just 7 countries Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama. read more before to mention please.
Michelle Bachelet wasn’t leftist, she was actually centre-of-left. Now we’ve got Sebastian Piñera (this was published on 18 Nov 2012 so it’s weird they name Bachelet) who is right-centre.
Chile has never had leftist policies, yet we’re the country with the highest GDP per capita and Human Development Index in Latin America…
Its sad that Im considering moving to America’s “backyard” to get away from this now shitty corrupt country
You thinking that socialism is an ideal system shows your ignorance. Tell that to those in the 40s that lived in Germany or Italy. Those were socialist countrys and we all saw how well that worked out. Socialism has always failed as it should because it is established for those in power to do what they want to the people and the people cant do anything back because only the state has rights not the people.
REPRESENTATIVE socialism & dictatorial “socialism” are exact opposites of each other. Representative statism is the ideal society where the people own the state & it’s fully inclusive and guided by reasoned exhaustive discussion. This is shown worldwide too – small-gov nations are all horrific, violent & poor (Congo, Chad, Somalia, Eritrea etc.). Big-gov representative (NOT dictatorial) systems are the best places to live on earth e.g. Denmark, Austria, Netherlands, Sweden etc. & always will be.
You don’t know how you ended up this bad? Try right-wingism in general, including via foreign influence.
I disagree with you because those countrys do not have a systems where individuals have rights. Everything is a privlage granted by the system in place at the time and can change at any point without civilians input. We saw this when European countrys started confiscating individual arms from civilians in the 90’s.
Rights can only be protected by a representative state. Absence of a state rewards (by profit) murder, enslavement-for-private-gain, extortion-for-private-gain, theft-for-private-gain, cartels, fraud, hazard, skewing of opportunity, speculation, banking and ALL other DESTRUCTIVE means of acquiring wealth. That’s why all small-gov nations are horrific, violent & poor, and why all big-REPRESENTATIVE-gov nations establish rights to a greater extent than any other type of society.
“Liberal” and “conservative” are made up concepts. There is however a wealthy movement that calls themselves “conservative” (even though they are radical) who want more wealth at the cost of injustice, poverty, abuse & negligence for others. They pretend “small, less representative government” creates wealth (even though every small-gov nation on earth is horrific, violent & poor) only so they end up with more wealth themselves. Many buy into their bullshit & also call themselves “conservative”.
Why don’t you move to a small-gov country like Congo, Chad, Somalia, Eritrea etc.?
I would prefer Switzerland.
Switzerland is a big-gov nation.
The small-gov nations (10% or less tax over GDP) of the world are: Congo, Chad, Somalia, Eritrea, Afghanistan, Cambodia, Sudan, Yemen, Haiti, Burma, Bangladesh, Nigeria, Central African Republic, Guinea. There isn’t ONE small-gov nation on earth that isn’t horrific, violent & poor. Have you booked your ticket yet?
The biggest REPRESENTATIVE (not dictatorial) govt. nations are the best places to live on earth: Denmark, Netherlands, Sweden, Austria, Finland, etc.
Are you a statist?
Yes I’m a REPRESENTATIVE statist where law is guided by reasoned exhaustive discussion between people of all opinions i.e. provability. This is the only way to maximize the enactment of what’s right & minimize what’s wrong.
Absence of state altogether rewards (by profit) murder, abusive violence, enslavement-for-private-gain, extortion-for-private-gain, theft-for-private-gain, cartels, fraud, hazard, opportunity-skewing, speculation, banking & ALL other DESTRUCTIVE means of acquiring wealth.
What happens when large governments choose to ignore those rights? That is my point. Socialism leads the way for the government to ignore individuals and only pay attention to state rights. Nazi Germany started with a representative socialism. Hitler was elected into power and eventually ignored individuals and took complete control. Your view of how governments should be paves the way for that.
Nazism was the outright rejection of representative democracy so you’re wrong. He adamantly argued against representative democracy & his election campaigns were funded by the corporations (sound familiar?). The anti-representative-democracy propaganda in the USA by the anti-justice (right-wing) movement in America (e.g. “we are republic not a democracy”) is eerily reminiscent of the anti-representative-democracy propaganda of the Nazi party. People bought into of course & the rest is history.
that guy is not in Bolivia he is infront of a photo. Socialism=tax $ given to people who dont do anything but sit around
son tan estupidos. son lo que el gato no puto tapar!.
WOW thats kind of rude and offensive for the guy to put down countries like Guatemala and Nicaragua. THose countries have poverty and I KNOW because I’ve lived there
cristina kirchner scruing things up in argentina? what a clown that guy… argentina was in the last 10 years the second growing economy only second to china…
Wait for a while 20-25years or so! You’ll see! Socialism DO NOT WORK (for long)! I know!
Mexico is better
Grande Chavez <3 ! hermoso !! Grande Venezuela !!! hermosaaaaaaaaaaaaaa
100´s die per week in narco violence…
dozens of journalists killed monthly…
100s of women kidnaped monthly…
25% of the population living out of the country…
100s of thousand living the country every year…
entire cities not controlled by the gov…
and a economy completely tied to the fate of usa…
yes mexico is way much better than any other country in Latin America…