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Engaging essay focuses on hypothesis that capitalist industrial conversion and technological modernization have driven Latin American crisis and promoted a new pattern of capitalist reproduction specializing in export production. Explains that development of this pattern depends on restructuring work force to maximize flexibility. Includes analysis of government, union, and business conversion projects, and of efforts to restructure work force. Emphasizes need for alternatives to neoliberalism –Handbook of Latin American Studies, v. 57.

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