In "The Colonial Heritage of Latin America," Stanley and Barbara Stein argue that many of the characteristics and limitations of Latin America has their inception during the colonial period and have been altered only slightly with the passage of time and increasing technology that enables better contact with the rest of the world. The purpose of this paper is to discuss the proposition that Latin America is a continent that has only been able to inadequately fulfill its development potential, based on the limitations of the persistent characteristics of its colonial past. Latin America was dependent on the Spanish and Portuguese, who were in turn, dependent on the wealthier and more advanced countries of Western Europe. The dependency has been extended in time and widened in scope to current days when larger and more developed Western countries control much of the trade that globalization has enabled.
Latin America is an area that presents a regional identity to the world; however, is a definitely pluralistic region, made up of