Margarita Fajardo

on leave spring 25

BA, Universidad de los Andes, Bogotá, Colombia. PhD, Princeton University. Fajardo specializes in modern Latin American history, particularly in the history of Chile, Brazil, and Colombia, and on the history of economics, economic policymaking, and economic life. Her first book, The World that Latin America Created: The United Nations Economic Commission for Latin America in the Development Era, received LASA’s Best Book in Politics and Economics in 2023. Her article “CEPAL: the International Monetary Fund of the Left?” published in the American Historical Review received History of Economics’ Society Best Article Award in 2024. She is currently working on a second book project tentatively titled Taming Markets on the history of inflation and commodity regulation in the transition to a neoliberal order in Latin America. Margarita will be on leave on 2025 as a fellow in the Woodrow Wilson Center and in 2025-2026 as Marie Sklowdowska-Curie Fellow at Oxford University. SLC, 2015–

Undergraduate Courses 2024-2025

History

Local Oral History: From Latin America to Yonkers

Open, Seminar—Fall

HIST 3039

This community-partnership course will bring students closer to Latin American oral history writing in order to write their own community-based narratives. Since the advent of military and repressive regimes in late 20th-century Latin America, social scientists and historians have turned to oral histories. By interviewing eyewitnesses to reconstruct the past and act upon the present, oral histories originally served to document the stories of both oppressors and oppressed but, since then, have expanded in scope and purpose. Building on existing rich oral traditions in the region, this course will first explore the methodologies of Latin American colonial chroniclers, popular educators, activists, and professional historians to understand the historical origins and context of production of different oral histories, as well as their academic and political use. Then, focusing on the history of late 20th-century Chile and its transition from socialism to neoliberalism, students will read, view, or listen to different oral history-based narratives, including life histories, documentaries, biographies, and truth and reconciliation commissions, among others. By doing so, the course will help students both get a glimpse of Latin American history and assess and develop skills to craft their own narratives based on the observation of, and participation in, the Yonkers community. The third and final part of the course will be devoted to workshop the narratives produced by students. Throughout the semester, students will have the opportunity to work with a particular community organization in Yonkers. Students are expected to develop a conference project based on their work with the community, using the oral-history questions, tools, and problems learned and discussed in the seminar. The conference project may take any format, including essays, podcasts, short videos, timelines, and interactive maps.

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Making Latin America

Open, Small Lecture—Fall

HIST 2078

This course examines Latin America in the making. From the time of Andean ayllus to the contemporary battles between the populist left and the populist right, this lecture course offers a survey of the more than five centuries of the history of the region that we know as Latin America. The course will examine the rise and fall of the Aztec and Inca empires, the colonial order that emerged in their stead, independence from Iberian rule, and the division of the empire into a myriad of independent republics or states searching for a “nation.” In the second part of the course, by focusing on specific national trajectories, we will then ask how the American and Iberian civilizations shaped the new national experiences and how those who made claims on the “nation” defined and transformed the colonial legacies. In the third and final portion of the course, we will study the long 20th century and the multiple experiences of, and interplay between, anti-Americanism, revolution, populism, and authoritarianism. We will ask how different national pacts and projects attempted to solve the problem of political inclusion and social integration that emerged after the consolidation of the 19th-century liberal state. Using primary and secondary sources, fiction and film, the course will provide students with an understanding of historical phenomena such as mestizaje, caudillismo, populism, reformism, corruption, and informality, among other concepts key to the debates in contemporary Latin America. The course meets for one weekly lecture and one weekly group conference. Aside from mandatory attendance and participation, the requirements for the course include an individual exam, a collaborative research project, and a primary source analysis.

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Previous Courses

History

Drugs, History, and Politics in Latin America and Beyond

Open, Seminar—Fall

The “War on Drugs,” shootings in favelas, colgados in US-Mexican border states, and (in)famous drug lords (or ”narcos”) dominate contemporary images of, and conversations about, drugs in Latin America. From the narconovelas and narcocorridos to even narco-tourism, narcoviolence has created a myriad of cultural and social artifacts that cultivate both fascination and repulsion over a phenomenon that has profound economic, social, and political ramifications for the region and for the world. This course seeks to understand the multiplicity of historical causes and effects of narcoviolence in the most conspicuous cases in Latin America during the 20th century: Brazil, Colombia, Mexico, and Central America. To do so, the course will situate the current narcoviolence within a longer history of psychoactive drugs as goods, linking producers and consumers through global capitalism since the early modern period. From coffee to cocaine, we will discuss the origins of both fascination with and prohibition of psychoactive drugs. We will examine the social, political, and economic functions of drugs in different historical contexts, their transformation from luxury to mass commodities, and even their fetishization. In addition, the course explores the economics, politics, and culture of drugs in the long era of narcoviolence and globalization. Using primary and secondary sources, history and social science perspectives, the course seeks to foster deep and serious engagement with the history of Latin America and its complex relation to psychoactive drugs.

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Globalization Past and Present: Local and Global Communities in Yonkers and Beyond

Open, Seminar—Fall

This course is an introduction to thinking globally and acting locally; it examines how different national, regional, and local communities see their place in the world and how events, processes, or structures that cross national and regional boundaries affect specific communities and individuals. The course examines the cultural, economic, and political origins of globalization and how globalization transforms over time. The course assumes globalization as both historical and contemporary and, thus, is divided into two parts. The first part of the course explores globalization in a long-term, historical perspective, including: ancient world precedents; 14th-century exchanges before European hegemony; the encounter and collision of Europe, Africa, and the Americas in the modern world; the Enlightenment and the Age of Revolutions; the Industrial Revolution; and the Great Divergence, among others. The second part of the course explores major transnational issues today in historical perspective, including: climate change and environmentalism; social justice and human rights; movement of diseases and global health; world trade and financial inequality; migration and labor movements; and world religions and multiculturalism, among others. The course has a community work component; it asks students to interrogate the concepts, practices, processes, and events studied in class through and within their work within the Yonkers community. The course will help students situate the experience of migration, labor, finance, health, education, religion, and culture of Yonkers communities and individuals within wider and longer patterns of flows, structures, and networks between the Americas and the world.

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Latin America in the World

Open, Seminar—Fall

From La Malinche’s mediation of the encounter between the Old World and the New World to Castro and Che Guevara’s path for Third World liberation movements, Latin America has been at the center of global process. In turn, the expansion of European empires, the massive movement of people from Africa, and the most recent connection to China have shaped and continue to reconfigure the destinies of millions in the Americas. This course attempts to situate Latin America’s history within global history while understanding the influence of Latin American history in global processes. While guiding students through major historical processes of colonial expansion and rule, revolution and nation-state formation, the first and second waves of globalization, social and socialist revolution and authoritarian counterrevolution, and neoliberalism, among others, we will delve into particular national and individual histories to understand historical agency and concrete effects of such processes. The seminar will experiment with a non-essay, collaborative conference project.

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Liberation: Contemporary Latin America

Sophomore and Above, Seminar—Fall

After the military regimes that swept Latin America came to an end in the last quarter of the 20th century, a new era of liberation emerged. The transition to democracy, and the broad-based coalitions then formed, renewed the hopes and expectations of justice, equality, and freedom that had been shattered by torture, censorship, and state power. But the era that emerged from those transitions—one which is coming to an end—is full of contradictions. Alongside the liberations of prisoners and the press and the return to party politics came the demise of social revolution and the retreat of the left. Alongside the liberalization of markets and the so-called neoliberal reforms came innovative social policies and a multiplicity of social movements, the most salient of which are led by indigenous groups and peasant-based organizations. Similarly, the ascendancy and hegemony of liberal ideas and policies gave rise to a new left, which brought the world’s attention back to Latin America with its combination of growth and equality. This course will examine the dynamics of revolution and counterrevolution in which contemporary Latin America emerged; study the origins of neoliberalism in Latin America and its economic and political repercussion; delve into the contradictions of the democratic transitions and their legacies; and explore the new rural, labor, feminist, and indigenous movements that have challenged both neoliberalism and democracy.

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Liberations: Contemporary Latin America

Sophomore and Above, Seminar—Fall

After the military regimes that swept Latin America came to an end in the last quarter of the 20th century, a new era of liberation emerged. The transition to democracy and the broad-based coalitions then formed renewed the hopes and expectations of justice, equality, and freedom that had been shattered by torture, censorship, and state power. But the era that emerged from those transitions—and which is coming to an end—is full of contradictions. Alongside the liberation of prisoners and the press and the return to party politics came the demise of social revolution and the retreat of the left. Alongside the liberalization of markets and the so-called neoliberal reforms came innovative social policies and a multiplicity of social movements, the most salient of which were led by indigenous groups and peasant-based organizations. Similarly, the ascendancy and hegemony of liberal ideas and policies gave rise to a new left, which brought the world’s attention back to Latin America with its combination of growth and equality. This course will examine the dynamics of revolution and counterrevolution in which contemporary Latin America emerged; study the origins of neoliberalism in Latin America and its economic and political repercussion; delve in the contradictions of the democratic transitions and its legacies; and explore the new rural, labor, feminist, and indigenous movements that challenged both neoliberalism and democracy.

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Making Latin America

Open, Seminar—Year

The making of Latin America—deeply embedded in global histories of capitalist expansion, imperial domination, and circulation of Western ideas—must nonetheless begin by looking inward. The course examines the ways in which landowners and campesinos, intellectuals and workers, the military, blacks, whites, and mestizos understood and shaped the history of this region in the world. From the early settlements in the Americas and the pre-Hispanic civilizations to the contemporary battles between neoliberals and neosocials, this yearlong course offers a survey of the more than five centuries of history of the region that we know as Latin America. After an overview of the intellectual and political debates about what the term Latin America means and encompasses, the first half of the course will survey the fall of the Aztec and Inca empires, the colonial order that emerged in its stead, independence from Iberian rule, and the division of the empire into a myriad of independent republics or states searching for a “nation.” By focusing on specific national trajectories, we will then ask how the American and Iberian civilizations shaped the new national experiences and how those who made claims on the “nation” defined and transformed the colonial legacies. In the second semester, the course will delve into the long 20th century and the multiple experiences of, and interplay between, anti-Americanism, revolution, populism, and authoritarianism. We will ask how different national pacts and projects attempted to solve the problem of political inclusion and social integration that emerged after the consolidation of the 19th-century liberal state. Using primary and secondary sources, fiction, and film, the course will provide students with an understanding of historical phenomena such as mestizaje, caudillismo, populism, and reformism, among other concepts key to the debates in contemporary Latin America.

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Neoliberalism

Open, Seminar—Spring

Neoliberalism is a widely used, abused, and controversial term that is often used to identify a historical era that, paradoxically, is also described as the “end of history.” Sometimes, the term is used synonymously with globalization, a process that nonetheless has been deepening for hundreds of years. Other times, neoliberalism is equated with capitalism despite the term’s socialist origins. Although neoliberalism as a set of ideas, policies, and practices spread ubiquitously across the globe, it had many different local origins and effects. This course will explore the history of neoliberalism in its political, intellectual, social, economic, and cultural dimensions, as well as in the different manifestations around the world. We will address the role of international institutions, right- and left-wing politics, economists, experts, and technocrats in bringing about  “neoliberal” projects—as well as the impact of the set of neoliberal ideas and practices on states and markets, politics and citizenship, environment and environmentalism, race and ethnicity, and welfare policies and social justice, among others—in Latin America and other parts of the world. This course will have both in-person and online components to be discussed with the group and will have a collaborative, web-based, research- and writing-heavy conference project. The course is open level, but students with experience in other social-science courses are especially encouraged to enroll.

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Pirates, Tyrants, and Radicals: A History of Capitalism and Socialism

Sophomore and Above, Seminar—Year

When the first self-declared socialists began to articulate their critique of a society that was rapidly industrializing and urbanizing, “capitalism” did not yet exist. Karl Marx, the leading theorist of political economy and history, would speak of “capital” and “capitalists,” but it was not until the end of the 19th century that the word “capitalism” entered the English language. As the twin concepts of socialism and capitalism evolved and their proponents sought to redefine their vision and the nature of their nemeses, those proponents launched political and economic projects that staked a claim to modernity and even the salvation of humankind. Whereas bankers, pirates, and entrepreneurs dominate historical imaginaries of capitalism, soviets, tyrants, bureaucrats, and revolutionaries dominate the history of socialism. The world of markets, exchange, and profit seems to be the purview of the history of capitalism, whereas top-down planning and egalitarian utopias fill the image of a socialist world. Although capitalism and socialism do not define the totality of economic life, they do represent two crucial inroads to understand how individuals and societies produce, consume, distribute, and also waste resources. This course will study money, markets, and exchange from a historical perspective by following their trajectories both before capitalism and socialism and within capitalist and socialist contexts in different times and places. The course aims to take students deeply into the vagaries of economic life and to historically situate economic concepts. Were societies in previous eras marked by significantly different relationships toward markets, power, and financial instruments? How can such capacious visions such as capitalism and socialism, with such variegated political iterations, be defined and understood? Who were the important actors and institutions that created these movements? What are the origins of “capitalism”? Is there a path to socialism; and, if so, what is it? This course seeks to address these questions through study of the movements, the people who created them, and the institutions that resulted from them. At the same time, it seeks what makes socialism socialist or capitalism capitalist and the extent to which these terms of analysis help or hinder our understanding of the economic and political behavior of individuals, communities, and institutions. The course is divided into two parts: The fall semester of this yearlong course will be devoted to studying historic economic concepts like money, markets, exchange, growth, and development; we will also explore the debates in the origins of capitalism and its relationship to slavery, imperialism, development, war, and welfare. The spring semester will explore the intellectual origins of socialism, as well as the different versions of “real socialism” around the world.

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Right and Left in Latin America

Intermediate, Seminar—Fall

The categories of right and left go beyond party affiliation or ideological orientation, transcending labels loosely attached to politicians, intellectuals, and institutions. The battles between states and markets, individual rights and collective action, or order and freedom reveal society’s fundamental but constant problem: how to organize itself. Most recently, the Pink Tide—or the rise of popular, socially oriented, and outspoken politicians to the presidencies of Venezuela, Brazil, Bolivia, and Argentina, among others—aimed at putting an end to the Washington Consensus era. Reacting against the preeminence of technocrats, open markets, and international capital of the previous decade, these battles unleashed a new chapter in the long-term battle between the right and the left. Drawing on policy battles in the political, economic, social, and cultural fields in the history of Latin America, the course will examine the shifting and sometimes conflicting meaning of right and left. Rather than siding with the frontrunners or underdogs of history, we will attempt to understand the options available to historical actors, the underlying premises of those choices, and the costs and benefits of the policy options of both the right and the left. From the colonial debates on the nature of Indians and their consequent role in the New World society to the Cold War struggles between violent revolution and progressive reform, the seminar covers a broad historical arc but delves deeply into each historical moment. We will use documents produced by those involved in the debates, along with secondary sources, to question the extent to which we can speak about the past using the modern categories of right and left. Thus, the seminar provides an overview of Latin American history through its key figures and classical dilemmas, as well as the analytical tools to understand how political stances about the organization of society—such as right and left—emerge and transform.

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Wealth and Poverty: A History of Capitalism (and Its Critics)

Intermediate, Seminar—Fall

Prerequisite: History or Social Science course

Markets, profits, and exploitation seem to define capitalism; but exchanges, markets, and exploitation of the powerful over the powerless have existed long before the word “capitalism” even entered the English language. So, what defines capitalism? How has that meaning change over time? Does capitalism change across time and space? What changes has capitalism brought to economic life? What aspects of economic life transcend capitalism? Who are the advocates of capitalism? Who are its critics, and why? This seminar seeks to address these questions through a study of the transformations in economic life before, during, and after capitalism. The course examines the historicity of concepts such as markets, prices, wages, and profits—and the debates around the origins of capitalism. It traces the economic, social, political, and cultural transformations generated through the expansion and resistance to capitalism in the 19th and 20th centuries. The course will be organized chronologically but also thematically. Some of the topics covered include gender, race and slavery, nationalism and war, socialism, anarchism, Cold War politics, Third Worldism, and neoliberalism. Aside from mandatory attendance and active participation, the requirements for the course include an individual exam, a collaborative resarch conference project, weekly responses, and oral presentations.

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Additional Information

Selected Publications

Pubications

Pubications

From the book International Organizations and Global Development

Development beyond the golden era: CEPAL in the global 1970s

https://www.degruyter.com/document/doi/10.1515/9783111280356-004/html

CEPAL, the “International Monetary Fund of the Left”? The Tale of Two Global Institutions

CEPAL, the “International Monetary Fund of the Left”? The Tale of Two Global Institutions

The article examines the entangled histories of the International Monetary Fund (IMF) and the United Nations Economic Commission for Latin America (CEPAL) during the post–World War II era.

The American Historical Review

Volume 128, Issue 2, June 2023, Pages 588–615