Anti-market activists in Argentina try to blame the country's economic woes on markets, but the populist movement of Peronism is what has doomed the country to endless cycles of economic and monetary crises.
Argentinians have voted again for the policies that led to the 2014 financial crisis, and many crises before it. The regime remains inflationary and committed to big spending.
In Argentina’s case, it seems that old political habits of anti-capitalist policy die hard. So, no matter who ends up winning the presidency in October, the Argentine people are set to lose.
The Swiss “Landsgemeinde” assembly provides some insight into how to create a less-bad form of political power. But that's still worse than true self-determination.
The Bolívar’s collapse is rather tragic, considering the Bolívar was actually one of Latin Americas’ strongest currencies during Venezuela’s peak from the 1950s to 1970s.
