Showing posts with label Argentina. Show all posts
Showing posts with label Argentina. Show all posts

Wednesday, 19 September 2012

The Neighborhood is the New Factory

by Liz Mason-Deese, Viewpoint Magazine

In 2001, Argentina suffered an economic crisis, similar to the one that much of the world is experiencing today. After more than a decade of IMF-mandated structural adjustment, which only deepened poverty and unemployment, the government was forced to default on over $100 billion of public debt and declared a state of emergency in an attempt to calm public unrest. Despite a military-imposed curfew, thousands of people rushed to the streets and forced the president and other politicians out of office with the chant “que se vayan todos/ni se quede uno solo” (they all must go/not one can stay).