[alecco]

Menem, a peronist president in the 90s, undid many things Peron did. His government was a poster child for deregulation and what's called neo-liberalism. They privatized almost everything in a ruthless manner. The crisis of 2001 was a consequence of all those policies.

I am against publicly owned corporations and services but I'm against raw short-sighted capitalism, too. Some of the privatized public corporations had operating surplus, were not monopolies and were worth billions. Those were given to foreign investors who bought them taking credits over the same assets bought. Then proceeded to raise prices, perform massive layoffs, and vacuum capital to service companies owned also by those same investors.

I am quite against socialism (left or right) but you clearly lack knowledge on Argentina. The country is far more complicated that you might think.

[berntb]

It is not an argument against capitalism when corrupt politicians sell companies below value to crooks. It is an argument for good governance, which countries also need.