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Lessons from Economic Reform in the Venezuelan Democracy

Published online by Cambridge University Press:  05 October 2022

Brian F. Crisp
Brian F. Crisp*
Affiliation:
University of Arizona
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The relationship between capitalism and democracy has been a focal question in political science for years. Compelling arguments have been advanced on all sides of the debate. Democracy promotes capitalism. Capitalism promotes democracy. The two are correlated but are caused by other variables, including everything from a given country's political culture to its position in the world economy. Now the recent turn toward neoliberal economic strategies in Latin America has revitalized the question of whether any one form of capitalism is more compatible with democracy than others.

Type
Research Article
Information
Latin American Research Review , Volume 33 , Issue 1 , 1998 , pp. 7 - 42
Copyright
Copyright © 1998 by the University of Texas Press

Footnotes

∗

I would like to thank José Antonio Cheibub, Michael Coppedge, Michael Francis, Daniel Levine, Guillermo O'Donnell, Juan Carlos Rey, Kurt Weyland, and the LARR editors and anonymous reviewers for their comments on earlier drafts. I would also like to acknowledge the support of the Helen Kellogg Institute for International Studies at the University of Notre Dame, which provided me with the time to complete the first draft of this article.

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