ABSTRACT

On October 15, 1979, a coup d'etat executed by a group of young officers in the Salvadorean army put an end to a regime serving a social minority that had become increasingly dependent on the bloody repression of the masses and of any opposition group. Nationalist Republican Alliance (ARENA) did not have control over the Armed Forces, the US government, or the forces of the Frente Farabundo Marti para la Liberacion Nacional (FMLN). The historical distrust that exists in El Salvador will only be overcome if the progressive capitalist sector has the political capacity to ally itself with other social forces instead of merely conceding some social and labor improvements to defeat those extreme oligarchical sectors. In the peace accords there is an implicit pact between progressive capitalism, supported by the United States and the international financial community, and the project of the FMLN. El Salvador is finally moving toward a more economically and socially modern society.