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Under Argentina’s New President, Fuel Is Up 60%, and Diaper Prices Have Doubled (www.nytimes.com)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 10 months ago (2 children)

What historical record? Can you point to another country taking such a extreme turn to the right while being in similar situation? And not being met with sanctions like in Afghanistan for example. I'm genuinely curious.

[–] [email protected] 15 points 10 months ago* (last edited 10 months ago)

Can you point to another country taking such a extreme turn to the right while being in similar situation?

While that isn’t what I was talking about, Weimer Germany is the canonical example of a similar situation, but there are many examples.

What I was talking about is the historical record of neoliberal shock therapies, which Naomi Klein documented well.

[–] [email protected] 1 points 10 months ago

Shock therapy in Russia after USSR breaking up, maybe?

That was more extreme, since it was not a transition from left-wing liberal democracy to right-wing liberal democracy, but from bureaucratic planned economy to a pretense at liberal democracy.

Still some examples may apply.

Say, if things state-owned or state-managed in Argentina now get privatized, one can look at the specific mechanism and whether it'll be similar to what happened in Russia.