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Post by Devil Wincarnate on Aug 18, 2019 21:32:29 GMT
While I loathe Peronism, I find it amusing that exponents of liberalism are eager to cite Argentina's economic trajectory as a parable for the evils of heterodoxy. Argentina's golden years were largely based on its export of salted beef, mutton and wool when it was an appendage of the British Empire. In its time, this was a revolutionary development, based on advances in logistics. The emergence of the steamship and the railroad changed everything. Nevertheless, looking back, we find scant cases of countries that have remained relatively economically prosperous on the basis of the sale of commodities unless they have vast amounts of petroleum under their feet. Australia is an exception, as is New Zealand, one can make the case that this was true of Canada before the discovery of oil there. Argentina's ability to follow heterodoxies of left and right alike, and repeat them despite obvious failures, is quite singular. The start of it was the liberal dictatorship of the "Generation of 80" in the late nineteenth century- the encouragement of consumption of European exports, particularly luxuries, drained money from the economy. Then, land ownership- unlike America, the authorities doled out the land as huge parcels rather than manageable plots, resulting in massive tracts of pasture which employed few. Then you have the later, often insane attempts at import substitution, basically taking the earlier problem of massive and pointless imports and finding its mirror image. And then you have the army and various groups with questionable involvement in the economy in different ways- the barras bravas football thugs, or (a particularly bizarre one) the Mothers of the Plaza de Mayo, who incredibly have a business arm. Neither the ultra-liberalism of the past nor the various attempts at autarky have worked, and nobody seems to wonder if there is another way. |
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Post by Devil Wincarnate on Sept 2, 2019 10:51:32 GMT
Currency controls are back. That's the end of Macri. And probably will be the end of Fernandez and Kirchner too...
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CatholicLeft
Labour
2032 posts until I was "accidentally" deleted.
Posts: 6,722
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Post by CatholicLeft on Sept 2, 2019 14:28:51 GMT
I wonder how many English people accidentally on purpose pretend to be Scottish or Welsh when visiting Argentina. Or Irish. |
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Post by Devil Wincarnate on Sept 2, 2019 14:39:30 GMT
By all accounts, English visitors get little bother in Argentina. Don't forget there's a massive English-descended community. You're probably more likely to face hostility as a Bolivian.
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Toylyyev
Mebyon Kernow
CJ Fox avatar
Posts: 1,067 
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Post by Toylyyev on Oct 27, 2019 3:17:00 GMT
Referencing two of my earlier posts on Argentina here and here, i have come across a figure that matches the course of its economic growth remarkably well, and may help with understanding at least one of the main contributing factors.  Taken from: www.newindianexpress.com/business/2019/oct/10/what-economists-including-me-got-wrong-about-globalization-2045710.htmlAt first glance it seems likely that 'manufactured goods' can be used as a proxy for the entire non-service sector exports from developing countries for a more comprehensive picture. For instance things like biofuels in the case of Argentina, which also includes a primary sector component. While the main thrust of the article is of a more general nature as can be deduced from the text in the URL, there also are more appearingly coherent hints about why the Argentinean economy has gone backwards of late in the text of the article. |
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Georg Ebner
Non-Aligned
Roman romantic reactionary Catholic
Posts: 9,824
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Post by Georg Ebner on Oct 27, 2019 23:29:12 GMT
LiveStream of a TeleVision-channel:
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Toylyyev
Mebyon Kernow
CJ Fox avatar
Posts: 1,067
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Post by Toylyyev on Oct 28, 2019 2:23:43 GMT
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Toylyyev
Mebyon Kernow
CJ Fox avatar
Posts: 1,067
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Post by Toylyyev on Oct 28, 2019 3:05:58 GMT
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Post by Devil Wincarnate on Oct 28, 2019 9:09:56 GMT
Cambios stronger than I expected, and still massively dominant in Buenos Aires City. |
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mboy
Liberal
Listen. Think. Speak.
Posts: 23,715
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Post by mboy on Oct 28, 2019 9:46:59 GMT
I note that Google translates Myriam Bregman's party in that page as "Fit unit"   No lies detected... |
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Post by Devil Wincarnate on Oct 28, 2019 14:01:34 GMT
From what Fernandez is saying, it'll be relatively business as usual once he is in the Casa Rosada. Whether he can fend off Cristina and her rent-seekers is another question.
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Post by Devil Wincarnate on Nov 16, 2020 9:28:50 GMT
To clarify the Argentina story as we didn't discuss it much last time. There was an accusation that Macri was using the Smartmatic system to defraud the vote, based entirely on gut-feeling and hearsay (I'm not even convinced that Macri is dodgy anyway). And of course the side who were allegedly going to be defrauded were the clear winners in the end.
All in all, accusations of electoral fraud are tediously par for the course in Argentina, albeit it for more obvious reasons.
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