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This diagnostic history of Argentina's economic prostration is full of timely lessons for readers in the United States about how an irresponsible capitalist elite and cynical politicians can lead a wealthy nation to throw it all away. They say those who do not learn from history are bound to repeat it. Thus the importance of this book. The Agony of Argentine Capitalism: From Menem to the Kirchners is the capstone of a magisterial trilogy exploring the reasons for Argentina's shocking "reversal of development." In the early 20th century, Argentina was a rising star. It was one of the world's…mehr
This diagnostic history of Argentina's economic prostration is full of timely lessons for readers in the United States about how an irresponsible capitalist elite and cynical politicians can lead a wealthy nation to throw it all away. They say those who do not learn from history are bound to repeat it. Thus the importance of this book. The Agony of Argentine Capitalism: From Menem to the Kirchners is the capstone of a magisterial trilogy exploring the reasons for Argentina's shocking "reversal of development." In the early 20th century, Argentina was a rising star. It was one of the world's ten richest countries, on course to a place among the most advanced and prosperous liberal democracies in the world. Then, in 1929, Argentina fell into an economic coma from which no political or military shock treatment has been able to rouse it. The collapse of Argentina's capitalist class has been so devastating that little support remains for free enterprise or free trade. Her fate poses an intellectual challenge for First World capitalist countries. As famed economist Paul Samuelson warned: "Argentina is the pattern no modern capitalist may face without crossing himself and saying, 'There but for the grace of God....'"
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Autorenporträt
Paul H. Lewis is professor emeritus of political science at Tulane University, New Orleans, LA. He is the author of nine books, including the Praeger's Guerrillas and Generals: The "Dirty War" in Argentina and Latin Fascist Elites: The Mussolini, Franco, and Salazar Regimes.
Inhaltsangabe
Preface Abbreviations CHAPTER ONE: The Rise to Power The Young Político Governor Menem Governor Again: The Menem Model The Renovationist CHAPTER TWO: The Crisis of Argentine Capitalism The Roots of Stagflation The Business Elites CHAPTER THREE: Trials and Errors Plan B&B The Crony Cabinet Family Scandals and Military Threats Corruption Scandals Government Shakeup CHAPTER FOUR: Free Markets and Convertibility The Convertibility Plan Foreign Influence Labor's Travails CHAPTER FIVE: The Underside of the System The Syrian Connection: "Yomagate" The Syrian Connection: Gun-Running The Syrian Connection: Terrorism "Junior's Accident" Intimidation of the Press CHAPTER SIX: Triumphs and Troubles Convertibility's Potential Problems Menem's Re-Election The "Tequila Effect" Economic Damage Control The Dysfunctional Provinces The Demands of Clientelism CHAPTER SEVEN: The Downward Slide Cavallo versus Yabrán The Rout of Domestic Capitalism The Raiders Summary CHAPTER EIGHT: Challenges Murder's Red Trail The October 1997 Elections The Peronists Split The Alliance Rolls Forward CHAPTER NINE: The Crash The Alliance Breaks Up Troubles and Turmoil Return of the "Wizard" Free Fall CHAPTER TEN: The Retreat to Populism The Conflict with the Courts Economic Agony Three-Sided Stalemate Menem Redux CHAPTER ELEVEN: The Illusions of Progress The Kirchner Coalition The Debt "Haircut" Toward a Closed Economy The Contradictions of a Closed Economy From Néstor to Cristina, With Love CHAPTER TWELVE: Defiance Tactical Maneuvers The Struggle for Public Opinion The Congressional Struggle The Aftermath Facing the Future: The Three Argentinas Notes Selected Bibliography Index
Preface Abbreviations CHAPTER ONE: The Rise to Power The Young Político Governor Menem Governor Again: The Menem Model The Renovationist CHAPTER TWO: The Crisis of Argentine Capitalism The Roots of Stagflation The Business Elites CHAPTER THREE: Trials and Errors Plan B&B The Crony Cabinet Family Scandals and Military Threats Corruption Scandals Government Shakeup CHAPTER FOUR: Free Markets and Convertibility The Convertibility Plan Foreign Influence Labor's Travails CHAPTER FIVE: The Underside of the System The Syrian Connection: "Yomagate" The Syrian Connection: Gun-Running The Syrian Connection: Terrorism "Junior's Accident" Intimidation of the Press CHAPTER SIX: Triumphs and Troubles Convertibility's Potential Problems Menem's Re-Election The "Tequila Effect" Economic Damage Control The Dysfunctional Provinces The Demands of Clientelism CHAPTER SEVEN: The Downward Slide Cavallo versus Yabrán The Rout of Domestic Capitalism The Raiders Summary CHAPTER EIGHT: Challenges Murder's Red Trail The October 1997 Elections The Peronists Split The Alliance Rolls Forward CHAPTER NINE: The Crash The Alliance Breaks Up Troubles and Turmoil Return of the "Wizard" Free Fall CHAPTER TEN: The Retreat to Populism The Conflict with the Courts Economic Agony Three-Sided Stalemate Menem Redux CHAPTER ELEVEN: The Illusions of Progress The Kirchner Coalition The Debt "Haircut" Toward a Closed Economy The Contradictions of a Closed Economy From Néstor to Cristina, With Love CHAPTER TWELVE: Defiance Tactical Maneuvers The Struggle for Public Opinion The Congressional Struggle The Aftermath Facing the Future: The Three Argentinas Notes Selected Bibliography Index
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