Michael Reid's 2007 survey of modern Latin America — arguing from a classical liberal perspective that Latin America's problems stem from institutional failures, not from external exploitation — a counter-narrative to Galeano's Open Veins.
Provides the liberal institutional counter-narrative to dependency theory — Reid argues that Latin American poverty and inequality reflect domestic institutional failures (weak property rights, extractive elites, poor education) rather than foreign exploitation — making it the liberal response to Galeano.
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