Definition of Council of the Americas

When Fidel Castro came to power in 1959, a regime clearly opposed to that of the United States was established in Cuba. From that moment on, the United States observed with concern the possible expansion of the socialism in Latin America. In order to consolidate North American hegemony throughout the continent in 1963, a business organization was founded, the Council of the Americas.

Its promoter was banker David Rockefeller, the grandson of oil magnate John D. Rockefeller. From a political point of view, the promoter of this organization was President John F. Kennedy.

Origins and expansion

Initially a small group of companies were integrated into the Council of the Americas. They aimed to promote the investments in Latin American countries. With this strategy It was logically intended to promote the capitalist model to counteract the ideals of socialism. From its origins this organization has defended the democratic system and free trade as fundamental axes to promote the progress of the American continent.

Over the years this business group has grown gradually and is currently made up of more than 200 companies from all sectors, such as finance, technology, manufacturing or the transportation.

In business terminology, the large companies that make up the Council of the Americas are known as "blue chips" (a blue chip company is one that has stable stock values ​​and a high level of liquidity). Among them we can highlight the following: Goldman Sachs, Marriot International, Wal-Mart, Microsoft, Grupo Televisa, CEMEX, BBVA, Bank Santander or Credit Suisse.

On the other hand, this organization has promoted the creation of other institutions for similar purposes, such as NAFTA or CAFTA-DR. Many analysts consider the Council of the Americas to be one of the pillars of the economy globalized.

The new economic policies in Argentina have been endorsed by the Council of the Americas

In 2013 the representatives of this organization met in the city of Buenos Aires to analyze the economic situation of Argentina. On the other hand, in 2015 Mauricio Macri assumed the power of the nation. According to some analysts, the two events mentioned are directly related. Different sectors of Argentine society do not welcome the role of the Council of the Americas, as they understand that the nation's large companies are controlled by the interests of the family Rockefeller.

Photo Fotolia: Carlosgardel