Some are calling Cristina Fernandez de Kirchner, the Argentinian president, the Mussedegh of Argentine. Why? After the Argentinean economy collapsed, the country kicked the IMF out and successfully reconstructed its economy. Now, it is seeking to deepen these structural changes by nationalizing natural resources –a policy previously deployed by Mussadegh (the Iranian prime minister who nationalized oil in 1951 before being overthrown in an American-British coup) and nationalized its natural resources.
More and more,
we are learning that Mussadegh is not just a name from the past, but a man
whose political ideas offer inspiration for how governments might responds to
the current, and deepening, economic disaster. What else might we have to
learn from him? His policy of negative equilibrium, I suggest. I will elaborate
on this at some point in the future.
Here is an
article about what is happening in Argentine:
Loved your blog and article. Very informative. This is wonderful! Thank you, and keep up the good work! jon
پاسخحذفI can not agree with you more, you are right " the old man of Ahmadabad" is not a name of the past, more can be learnt from him for the future. His economic patriotism and his firm belief in freedom of expression. I am sure you know ten days upon becoming the PM he ordered the police chief not to pursue any newspaper editor for insulting the prime minister. " Let them write what they want!"
پاسخحذف