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I must have made my point poorly as I thought I had replied: my point is that politically Reagan was an enormous success and laid the foundations for two more presidents with bad economic policies. The point I was making is that you can have sound economic policies and politically fail or bad...

The point is that both Reagan and Thatcher succeeded politically and were undefeated in any election. Reagan was (I think) the most popular president in US history in his second term. They were both able to manage massive increases in military spending etc including the ridiculous star wars...

Agree that austerity in general is a poor remedy, though hyper-Keynesianism and corporatism can also fail dismially as Argentinian history (and that of many other countries) vividly demonstrates. Austerity meaning cutting expenditure can be essential if the books simply do not balance and...

Some good discussions here and I broadly share Perry's perspective, though to take yp what Stevied says: the missing factor is surely consent. What we have is a country so divided that deep austerity and radical reform can only be achieved with strong consensus or by dictatorship with some...

Agreed. I may be wrong but assumed the video was not made in light hearted humour but if I was wrong then I withdraw comment.

?????????? Weird stuff.

Why do you read that into what Maverique was saying? I read only that she identified the source of the video and the political profile of the person who circularised it. If someone traced a discriminatory video of Macri to a syndicato boss would we assume that the implication is that the union...

'Culture' simply means, for me, 'the way you think' and it has many different levels and directions. For me Argentina has possibly the richest culture in the world if we measure its cultural production. It simply has the best range and density of art, music, theatre, literature, dancing...

It cannot be solely cultural factors. People work hard when they have opportunities and incentives for social betterment and where inequalities do not seem insurmountable to social mobility. One intelligent study found " "[Restricted] social mobility corresponds to the neoliberal period from the...

Even if they are immigrants called expats with money to spend?

Clark Kent had two jobs and spent a lot of time saving the asses of well upholstered people sitting on them. So yes they are often superheroes keeping the city running.

Are yu suggesting the grave or hard work? Shorter life span is becoming a more realistic prospect than employment. I am appalled but not surprised by the disdain shown for people thrown out of work and facing rocket inflation here. Lots of people in USA who have two or three basic jobs still...

Agree with the need to enjoy life though with an eye to some future consequences. If we simply burn fossil fuels on a joy ride through life then our grandchildren (and especially more vulnerable peoples near the sea) will suffer the consequences? People with much bigger spending power have more...

You feel obliged to comment - so what is the point here? Are you saying that whoever is responsible then just enjoy the ride? Are the politicians and wealthy of Argentina free of responsibility also? I'm interested in your point but cant see it.

Cannot agree with you. Macri explicitly heralded a new age of liberal economic policies as a means of transforming Argentina and ending poverty and unemployment. Hence the end of subsidies for utilities etc. He was given enormous support by the consrvative IMF for this reason. He freed the...

The real news from the political battlefront is the scale of the poverty facing a substantial minority of Argentinians: "Poverty in Argentina rose from 32 percent to 35.4 percent in the first six months of the year, data from the national statistics bureau showed this week – the highest level...

Api and I agree on many issues but of course competitive devaluations can lead to disaster also as countries decide to raise tariff barriers to protect their own industries against dumping which is what happened in the 1930s and the beginni ng of Argentine's economic nightmare. We also need to...

I made no assumption that the 2001 crisis was a burden for the Ks. It was an enormous burden for the whole of the country and millions suffered for it. Both poorer and middle class people. The Ks managed the recovery well. There is broad agreement about that. Everything else you say seems to...