ABSTRACT

Hunger, alienation, the violation of human rights, military dictatorships, and conditioned democracies are without a doubt elements that, with their effects and causes, make more difficult the attainment of a stable peace on the continent. Foreign debt, with its burden of injustice and the movement of pillage to the First World, converts the impoverished Latin American countries into exporters of capital in exchange for indispensable resources, not for a comfortable life, but rather for mere subsistence. The billions of dollars spent on the purchase of armaments could alleviate the hunger of the Third World in a very short time. These billions in loans represent a good percentage of what the people must pay to the creditors of the developed world. Perhaps one way of solving both problems with one solution would be the compromise of the creditor nations to destine a growing percentage of their armament expenses to development programs for underdeveloped countries.