A Concise Contemporary History of Puerto Rico 1800 to 2016 (Paperback) (ISBN-13: 9781723934322)

How was Puerto Rico bankrupted? Who is responsible? Illegal debt. Loans used for non-productive vote-seeking handouts. "Regal" infrastructure works that bear no correspondence to the country's productivity. Blatant corruption. Crass unemployment and underemployment.Public over employment. Dismal labor participation rates funded with U.S. taxpayers' supported welfare. Under funded pensions with benefits that bore no correlation with the required contributions. An under funded health system product of corruption and politickering. Devastating economic policies imposed to pursue Statehood in the U.S. union. Unchecked rampant corruption.Who is responsible? You will find it here with names and facts. The book covers the economic debacle that exploded in the 21st century, up to 2016 (actualized quadrennially). It also thoroughly covers the political and social developments of the 19th and 20th centuries that formed the background of this Third Act: Colonialism and its pervasive collective loss of self-confidence and perception of self-sufficiency and national identity. Spanish absolutism; the Lares Revolution; the Spanish-American War; the failed attempts of Americanization; the blatant exploitation of the sugar cane, coffee and tobacco plantations; the nationalist guerrilla; the accelerated industrialization; the demoralizing welfare; the rampant corruption ofthe pro-statehood administrations in particular.

Author: Juan Cruz-Ricart
ISBN-10: 1723934321
ISBN-13: 9781723934322
Publisher: Independently Published
Language: English
Published: 09/22/2018
Pages: 258
Format: Paperback
Weight: 0.84lbs
Size: 9.00h x 6.00w x 0.58d