Welcome to the inaugural episode of The Capitalismo Podcast, a new series dedicated to exploring the political economy of the Hispanic world entirely in English.

In this first episode, co-hosts Diego Sánchez de la Cruz and Rasheed Griffith examine Spain’s landmark transition from the Franco dictatorship (1939–1975) to a modern constitutional democracy. 

Referred to as La Transición in Spain, this period remains a cornerstone of European political history and continues to influence Spain’s contemporary governance structures and debates over monarchy versus republicanism, as well as regional autonomy.

Key Topics Covered:

• Historical Context: Understanding Franco’s authoritarian regime and why its collapse left a complex legacy.
• Power Vacuum and Reform: The political uncertainty following Franco’s death, and tensions between hardliners and reformists.
• King Juan Carlos I’s Unexpected Role: How Franco’s chosen successor became an unexpected advocate for democracy, guiding early reforms and symbolically uniting divided factions.
• Adolfo Suárez & Torcuato Fernández-Miranda: The critical roles played by these political leaders in dismantling Francoist structures, legalizing opposition parties, and steering Spain toward democratic elections.
• 1978 Constitution: Examining the creation and approval of Spain’s foundational democratic document, including its establishment of a constitutional monarchy and autonomous communities.
• Contemporary Relevance: How the legacy of La Transición continues to influence present-day debates on monarchy vs. republicanism, regional autonomy, and governance in Spain.
  
  Follow the co-hosts on X
  
  Diego: @diegolacruz
  Rasheed: @rasheedguo
  
  Subscribe now on YouTube and all podcast audio players for policy-oriented deep dives into the economic, political, and historical dynamics of the Hispanosphere — in English.