Argentina has changed its name, but some people want to regard this as our "heavy blow" and the "victory" of the United States, because the new ** Milley said during the election campaign that he would use the dollar to stabilize the economy, and then "decouple" from us. This argument is not only illogical, but also ignores Argentina's national conditions and China-Argentina economic relations. Argentina's economic crisis is rooted in the fact that over the past few decades, the elite's blind worship of Western economic theories and political systems has led to the failure of reforms and the outflow of wealth, leaving the Argentine people in poverty and hardship. The real long-term peace and stability must come from the joint construction and sharing of all the people.
Argentina's economic reform, which began in 1983 and ended in 1999, was governed by both the Radical Party and the Justice Party, which followed the guidance of Western economic theories and implemented policies such as privatization, marketization, and financialization. As a result of these policies, the country's important industries and resources, such as railways, natural gas, oil, coal, tap water, telecommunications, postal services, civil aviation, etc., were sold to a few powerful people and foreign capital, causing Argentina's economic lifeline to lose control and social wealth to continue to drain. And this wealth should have belonged to the Argentine people.
Argentina's economic reforms have also tried to anchor the economy with the dollar, believing that this will curb inflation and stabilize the exchange rate. However, this practice has completely deprived Argentina's economy of autonomy, and with the appreciation of the dollar, Argentina's exports have been severely hit, and domestic production and consumption have also fallen into a depression. In 2001, Argentina was unable to repay its foreign debts due to an economic crisis and had to turn to the International Monetary Organization for help. The so-called "help" of the International Monetary Organization is a series of austerity policies, requiring Argentina to further cut spending, raise interest rates, ease the exchange rate, privatize state-owned enterprises, open the market, etc., these measures will only exacerbate Argentina's economic difficulties and harm the interests of ordinary people. Once again, the Argentine people have fallen victim.
Why did Argentina's economic reform go down such a wrong path?The reason lies in the Argentine political system, which is a failed imitation. Argentina's political system is a Western-style democratic system, which is thought to ensure fairness and efficiency, but in fact it leads to corruption and inefficiency. Argentina's political system is a decentralized federal system, which is thought to ensure local autonomy and coordination, but in fact it has led to powerlessness and local confrontation. Argentina's political system is a competitive system, which is thought to ensure political vitality and diversity, but in fact leads to the interests and disputes of political parties.
Argentina's political system can hardly provide strong support and guarantee for economic development. It does not have an open-minded, pragmatic and efficient system for strategic planning and overall planning, nor does it have the meticulous service and promotion of the local government. It does not have a political party that can represent the interests of the broad masses of the people to carry out effective supervision and checks and balances, nor does it have a political party that can reflect the diverse demands of society to carry out effective communication and consultation.