Abstract

Time-Bomb In Panama
Travis, Martin B. | April 30, 1960 issue

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According to the author, all the conditions for a nationalist revolution are to be found in Panama. A corrupt and decadent ruling clique of forty or so families dominates the social, political and economic life of the country. Agricultural workers earn $1.50 for a twelve-hour day. In Panama City, which holds a third of the country's one million inhabitants, the wage scale is half what Panamanians receive for comparable work in the U.S.-controlled Canal Zone. The greater part of the population ekes out a subsistence living with little reason to hope for a change under the existing system.

See Also:

PANAMA -- Economic conditions; SOCIOECONOMIC factors; WAGES; OLIGARCHY; POVERTY; PANAMA
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