The consensus take is that Argentina was doing great and then Peron screwed it all up permanently with his bad policies. I'd be interested to hear an alternative perspective, if anyone is aware of one.
The consensus take is that Argentina was doing great and then Peron screwed it all up permanently with his bad policies. I'd be interested to hear an alternative perspective, if anyone is aware of one.
Argentina had a bloodless military coup in 1930 and a Central Bank was formed in 1935, headed by cosmopolitan and well-travelled europeanist Ernesto Bosch for two terms.
---The Roca-Runciman Treaty of 1933 and the resulting abandonment of the Caja de conversi├│n governing monetary policy since 1890 led to the formation of the Central Bank of Argentina on May 28, 1935, upon which Bosch was named its first president; completing a seven-year term, he was reconfirmed in 1942.[7] His upholding treaty obligations to deposit World War II era trade surpluses in the Bank of England ran counter to nationalist policies advanced by the powerful Vice President, Juan Per├│n,[3] and Bosch was dismissed in 1945; his tenure, marked by a stable peso, would remain the longest in the Central Bank's history to date.[7]----wikipedia
Argentina became the plaything of $$ from US/Standard Oil to bankers of the world in Europe, especially England's Central Bank. The country's 1853 constitution was suspended. Technocracy was implemented as a scientific effort to run the country in this decade of the 1930's as was hoped would spread to other countries.
Nationalists took over in 1943 and Peron later became a socialist president that nationalized industries of the country.
The Great Depression and the creation of central banks, including the BIS, allowed the world's movers to root themselves as permanent power brokers around the world.
Late 19th c Argentina was an economy run on ranching, and 90% of its beef export went to the British empire. When for whatever reason* the British halted import of argentine beef, this, combined with the great depression and lack of investor capital, doomed the Argentinians. Come the late 1940s and the way out is barred, since the world's economic powerhouse, the master of the western hemisphere, is looking at revitalising Europe. Where they went from there, be it left or right, probably didn't matter. The damage to Argentina was done.
* (post great war imperial economic reorientation hit Europe quite hard. British debt was enormous and only in 80s did they return to pre great war debt levels)
The consensus take is that Argentina was doing great and then Peron screwed it all up permanently with his bad policies. I'd be interested to hear an alternative perspective, if anyone is aware of one.
To tell you the truth, so would I.
It may well be correct, but it seems awfully pat to me, and perhaps a bit too convenient for the neoliberal global oligarchy.
Argentina had a bloodless military coup in 1930 and a Central Bank was formed in 1935, headed by cosmopolitan and well-travelled europeanist Ernesto Bosch for two terms.
---The Roca-Runciman Treaty of 1933 and the resulting abandonment of the Caja de conversi├│n governing monetary policy since 1890 led to the formation of the Central Bank of Argentina on May 28, 1935, upon which Bosch was named its first president; completing a seven-year term, he was reconfirmed in 1942.[7] His upholding treaty obligations to deposit World War II era trade surpluses in the Bank of England ran counter to nationalist policies advanced by the powerful Vice President, Juan Per├│n,[3] and Bosch was dismissed in 1945; his tenure, marked by a stable peso, would remain the longest in the Central Bank's history to date.[7]----wikipedia
Argentina became the plaything of $$ from US/Standard Oil to bankers of the world in Europe, especially England's Central Bank. The country's 1853 constitution was suspended. Technocracy was implemented as a scientific effort to run the country in this decade of the 1930's as was hoped would spread to other countries.
Nationalists took over in 1943 and Peron later became a socialist president that nationalized industries of the country.
The Great Depression and the creation of central banks, including the BIS, allowed the world's movers to root themselves as permanent power brokers around the world.
The theory I heard was basically what follows.
Late 19th c Argentina was an economy run on ranching, and 90% of its beef export went to the British empire. When for whatever reason* the British halted import of argentine beef, this, combined with the great depression and lack of investor capital, doomed the Argentinians. Come the late 1940s and the way out is barred, since the world's economic powerhouse, the master of the western hemisphere, is looking at revitalising Europe. Where they went from there, be it left or right, probably didn't matter. The damage to Argentina was done.
* (post great war imperial economic reorientation hit Europe quite hard. British debt was enormous and only in 80s did they return to pre great war debt levels)
The generals who disappeared people did their part.
The mother's in white....remember them? The tortured people in grandiose buildings.....