Author: Ian J. Seda-Irizarry

Wealth Extraction, Governmental Servitude, and Social Disintegration in Colonial Puerto Rico

ImageAfter ten years of economic contraction, many of the citizens of Puerto Rico find themselves watching the secular decomposition of a reality that in its heyday was painted by many as one of relative socio-economic welfare.

Puerto Rico’s Debt: A Conjunctural Overview


In this brief essay we offer a general and immediate overview of the socioeconomic situation in Puerto Rico. We do it while recognizing that such an analysis is incomplete if the historical, institutional, and political dimensions within the uneven development of capitalism are left out. In this particular case we do not explicitly deal with the colonial relationship of the island with the United States or provide a structural analysis of the economy (these dimensions will be treated in a forthcoming comprehensive article).