Update: Communitarian Socialism in Bolivia https://nacla.org/node/6499

While it is true that Morales has not launched a full assault on capital, his government, along with the other new left governments in Latin America, have ended the neoliberal era in which the International Monetary Fund and the World Bank imposed free market policies, severely curtailing social spending, and enabling transnational corporations to gain unprecedented control of the region’s nonrenewable resources.

Now, many of these governments are using the state to exert greater control of the economy, and are renegotiating the terms of investment in order to capture a greater portion of the revenue for social programs and to facilitate internal development and industrialization.