What scenario will be created by MERCOSUR for Latin America in the coming years?
AW: The weak Latin American bourgeoisie is incapable of carrying through the great historic task posed long ago by Simon Bolivar: the unification of Latin America. The last 200 years has demonstrated conclusively that this historically progressive and necessary task is impossible on the basis of capitalism. MERCOSUR is not a step in the direction of the unification of Latin America but only a weak economic bloc created as a customs union, based on the idea of common external tariffs on goods imported from outside the MERCOSUR. However, after the economic crisis that plagued the region at the end of the 1990s, MERCOSUR entered into crisis. In spite of the subsequent economic recovery, none of the fundamental problems of the region have been resolved. The high rates of growth in the last period led to a huge growth of inequality but no real improvement of the living standards of the masses. Now the economic climate is worsening again; the USA is already in recession and the world economy
