Neoliberalism and the Creation of Oligarchies http://robertlindsay.wordpress.com/2010/05/16/neoliberalism-and-the-creation-of-oligarchies/

Latin America has largely turned its back on neoliberalism after two or three decades of trying it on for size. Not only did it only benefit the top 20% of Latin American society, but it screwed the bottom 80%. Education, health and nutrition figures declined all over the region. Not only that, but it failed to even produce reliable economic growth. No wonder sane Latin Americans have turned their backs on it.