San Miguelito is a community nestled in the heart of the capital of the Republic of Panama. It was born 70 years ago, when its first inhabitants were pushed by social needs without the most basic elements to survive: without water, without electricity, without housing (if it could be called that) lined with zinc, cardboard or disposable wood. Today it concentrates 10% of the population of the Republic. Migrants from all corners of the country still arrive there. It is a mosaic of the different cultural expressions of the country and still reflects the deep needs of the socially marginalized. Political demagogues take advantage of this disadvantageous social condition. It concentrates a high percentage of crime and prostitution, lack of adequate transportation, malnutrition, high unemployment and underemployment. At present, the voracity of real estate capital has usurped ground and the contrast between the dispossessed sectors of the community and the newly arrived inhabitants is remarkable. The latter are professional families of medium to high income. This writing tries to explain the causes of this tragedy.