Agony of Argentine Capitalism

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A01=Paul H. Lewis
Author_Paul H. Lewis
Category=KCZ
Category=NHK
Category=NHTB
Economics
eq_bestseller
eq_business-finance-law
eq_history
eq_isMigrated=1
eq_nobargain
eq_non-fiction
World History

Product details

  • ISBN 9780313378775
  • Weight: 510g
  • Dimensions: 156 x 235mm
  • Publication Date: 22 Jun 2009
  • Publisher: Bloomsbury Publishing Plc
  • Publication City/Country: US
  • Product Form: Hardback
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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 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….'"
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.

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