Lowenthal, Abraham F.
July 1974
Foreign Affairs;Jul1974, Vol. 52 Issue 4, p799
The article focuses on the revolutionary changes in Peru. The Peruvian regime is generally seen not as the typical Latin American caudillo government but rather as an essentially institutional effort. Although a government of force, it is widely regarded as relatively unexpressive. From various foreign perspectives, Peru's current process of military-directed change is regarded with hope. Paradoxically, many international lenders and even some investors also regard Peru's experiment favorably. The military regime has earned plaudits for its prudent fiscal management and for its pragmatism in dealing with foreign companies. Within Peru, the military regime's program is not so widely acclaimed. Articulate observers from both sides of the political spectrum assail the government. Though the traditional Communist party openly supports the military regime, many on the Left regard it as far from revolutionary, but rather as an ally of international capitalism, exploiting the Peruvian masses for the sake of dominant minorities.


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