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Evita Perón, Hugo Chávez, Fidel Castro, And Latin American Banana Republics

In: Capitalism in the 21st Century Why Global Capitalism Is Broken and How It Can Be Fixed

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  • Donghyun Park

Abstract

It is striking how one finds hard pressed to name a single visionary leader from countries that are in seemingly endless decline — e.g. Argentina — or countries which consistently underperform — e.g. Venezuela. Evita Perón may be the heroine of a nice musical and “Don’t cry for me, Argentina” may be a nice line in a nice musical, but Argentines have absolutely no reason to cry for her or her equally underwhelming husband Juan Perón. Their legacy to the country is that and only that, a nice musical with a nice line. And, their present-day spiritual successors, ex-President Cristina Fernández and her late husband and ex-President Néstor Kirchner, have been equally underwhelming. Both the Peróns and Kirchners are simply part of a long line of uninspiring, mediocre, unimpressive, and most definitely NOT transformational or visionary Argentinian leaders. They are leaders who merely stood by and did absolutely nothing to stop the century-long stagnation and decline of their country. In fact, their misguided populist policies contributed a great deal to the decline of Argentina…

Suggested Citation

  • Donghyun Park, 2019. "Evita Perón, Hugo Chávez, Fidel Castro, And Latin American Banana Republics," World Scientific Book Chapters, in: Capitalism in the 21st Century Why Global Capitalism Is Broken and How It Can Be Fixed, chapter 47, pages 208-215, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789813274242_0047
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    Keywords

    Capitalism; Globalization; Inequality; Entrepreneur; Financial Industry; Government; Socialism; Market;
    All these keywords.

    JEL classification:

    • F6 - International Economics - - Economic Impacts of Globalization
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • N2 - Economic History - - Financial Markets and Institutions
    • A1 - General Economics and Teaching - - General Economics
    • F00 - International Economics - - General - - - General

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