cyu
3rd October 2008, 19:32
From http://news.infoshop.org/article.php?story=20081002134425316
In 2001, Argentina faced an economic meltdown brought on by the free market policies of the IMF and it's puppet president, Carlos Menem. Banks rushed billions of pesos out of the country overnight, and Argentinians woke to discover their bank deposits inaccessible, their workplaces shuttered, and their economy collapsing.
...No politician was trusted, neighborhood assemblies were formed to govern the country in a directly democratic manner, and factories were seized and run by the workers themselves without owners or bosses.
The Argentinian crisis unfolded in the streets of a formerly middle-class nation that had been reduced to poverty through deregulation, privatization, and collusion in the highest levels of government between politicians and businessmen to swindle the wealth of a nation into their own hands.
In 2001, Argentina faced an economic meltdown brought on by the free market policies of the IMF and it's puppet president, Carlos Menem. Banks rushed billions of pesos out of the country overnight, and Argentinians woke to discover their bank deposits inaccessible, their workplaces shuttered, and their economy collapsing.
...No politician was trusted, neighborhood assemblies were formed to govern the country in a directly democratic manner, and factories were seized and run by the workers themselves without owners or bosses.
The Argentinian crisis unfolded in the streets of a formerly middle-class nation that had been reduced to poverty through deregulation, privatization, and collusion in the highest levels of government between politicians and businessmen to swindle the wealth of a nation into their own hands.