Routine Crisis
Argentina, once heralded as the future of capitalist progress, has a long history of economic volatility. Protests and street blockades punctuated a moment of profound political uncertainty, epitomized by the rapid succession of five presidents in four months. In 2001-2002, a fin… Celý popis ↓
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Routine Crisis
Argentina, once heralded as the future of capitalist progress, has a long history of economic volatility. Protests and street blockades punctuated a moment of profound political uncertainty, epitomized by the rapid succession of five presidents in four months. In 2001-2002, a financial crisis led to its worst economic collapse, precipitating a dramatic currency devaluation, the largest sovereign default in world history, and the flight of foreign capital.
When things clearly aren't working, when the constant churning of booms and busts makes life almost unlivable, how does our deeply compromised order come to seem so inescapable? Since then, Argentina has fought economic fires on every front, from inflation to the cost of utilities and depressed industrial output. How does critique come to seem so blunt, even as crisis after crisis appears on the horizon?
What are the lived effects of
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