Perspectives on the Alliance’s Failure
Of course, the Alliance did not prove to be viable, and by the end of the 1960s, it had fallen well short of its objectives. Across Latin America, the number of dictatorships, not democratic governments, had grown; more people were living in poverty, not less; a good share of new capital that came into the region had flowed back out to repay debt and repatriate foreign investors’ profits; perhaps a million peasant families received land under agrarian reform programs, but 10-14 million families eligible for land received none; and U.S. Alliance efforts focused more on fighting Communism and promoting American business, than advancing regional social, economic, and political change. What explains these outcomes? On this point, there are three competing views.