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Emerging El Dorado
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30 June 2026

The scramble for distant riches has featured 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, and 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, the book investigates the experiences of the 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.
Contents
List of Figures and Maps
Introduction: Argentina and an Expanding West
Part I: Golden Futures (Mid-1850s to Mid-1870s)
1. The Next Rising Country
2. Success Stories
3. In the Shadows of Growth
Part II: Expansionist Geographies (Mid-1860s to Early 1880s)
4. Connected and Distanced
5. Frontiers of Accumulation
Part III: Argentina Fever (Early 1880s to Early 1900s)
6. On the Make, on the Move
7. "Let the Machine Go"
8. Lessons Learned
Conclusion: Riddles and Legacies
Acknowledgments
Bibliography
Index