Latin American Economic System
The Latin American and the Caribbean Economic System, officially known as Sistema Económico Latinoamericano y del Caribe (SELA), is an organization founded in 1975 to promote economic cooperation and social development between Latin American and the Caribbean countries. In the early 1990s, its representatives consisted of members from 28 countries and took part in the General Agreement on Tariffs and Trade (GATT) negotiations, which led to a new global agreement on restrictions on trade and established the World Trade Organization (WTO).
The Latin American Council represents SELA's policy-making body and meets once a year. The main administrative body is the secretariat, located in Caracas, Venezuela.
Read more about Latin American Economic System: Objectives, Member Countries
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“One set of messages of the society we live in is: Consume. Grow. Do what you want. Amuse yourselves. The very working of this economic system, which has bestowed these unprecedented liberties, most cherished in the form of physical mobility and material prosperity, depends on encouraging people to defy limits.”
—Susan Sontag (b. 1933)
“Not only does the world scarcely know who the Latin American man is, the world has barely cared.”
—Georgie Anne Geyer (b. 1935)
“Whither goest thou?”
—Bible: New Testament Peter, in John, 13:36.
The words, which are repeated in John 16:5, are best known in the Latin form in which they appear in the Vulgate: Quo vadis? Jesus replies, “Whither I go, thou canst not follow me now; but thou shalt follow me afterwards.”
“The fact that the adult American Negro female emerges a formidable character is often met with amazement, distaste and even belligerence. It is seldom accepted as an inevitable outcome of the struggle won by survivors, and deserves respect if not enthusiastic acceptance.”
—Maya Angelou (b. 1928)
“One set of messages of the society we live in is: Consume. Grow. Do what you want. Amuse yourselves. The very working of this economic system, which has bestowed these unprecedented liberties, most cherished in the form of physical mobility and material prosperity, depends on encouraging people to defy limits.”
—Susan Sontag (b. 1933)
“The United States is unusual among the industrial democracies in the rigidity of the system of ideological control—”indoctrination” we might say—exercised through the mass media.”
—Noam Chomsky (b. 1928)