Emerging El Dorado

The scramble for distant riches features centrally in the history of the Global South—from the first forays of European imperialists to the recent fascination with emerging markets. In the mid-nineteenth century, fortune hunters turned their attention to Argentina, transforming it into a front line of an expanding West. While accounts of this period often emphasize impersonal economic flows, Emerging El Dorado demonstrates that this chase for wealth has a far more multifaceted, dynamic, and human history. In Argentina, it encouraged explosive growth across several fronts—financial, commercial, demographic, territorial. Capitalist routines of accumulation coexisted with get-rich-quick ventures, land grabs, and fraudulent schemes. Eduardo Elena’s study profiles the promoters in Argentina and Europe who convinced others that this truly was a “rising country.” At the same time, this book investigates the experiences of groups who helped propel expansion, such as migrant families and overseas investors, and those like mixed-race paisanos/as and Indigenous peoples who were deemed obstacles. By exploring these overlapping social worlds, Emerging El Dorado sheds new light on the roots of our present-day growth dilemmas.

Author Biography

Eduardo Elena is Associate Professor of History at the University of Miami.