One of Latin America's leading sociologists, Manuel Antonio Garreton explores contemporary challenges to democratization in Latin America in this work originally published in Spanish in 1995. He pays particular attention to the example of Chile, analyzing the country's return to democracy and its hopes for continued prosperity following the 1973 coup that overthrew democratically elected president Salvador Allende. Garreton contends that the period of democratic crisis and authoritarian rule that characterized much of Latin America in the 1960s and 1970s was symptomatic of a larger breakdown in the way society and government worked. A new era emerged in Chile at the end of the twentieth century, Garreton argues--an era that partakes of the great changes afoot in the larger world. This edition updates Garreton's analysis of developments in Chile, considering the administration of current president Ricardo Lagos. The author concludes with an exploration of future prospects for democracy in Latin America.