Latest Issue

Latin realism

The current crisis in Argentina highlights Latin America's mixed experience with globalisation and liberalism. But there is little support for modern-day Che Guevaras

By Richard Lapper   February 2002

For months, the commentators had predicted unrest in Argentina. But when it came before Christmas, both the extent of the violence and the rapid political and economic change that came in its wake took almost everyone by surprise.

It started on Friday 13th December when a few supermarkets were looted in the cities of Rosario and Mendoza. Sunday newspapers reminded Argentines that similar food riots had forced the resignation of Ra?l Alfonsin 12 years ago. By Wednesday, youths were surrounding the presidential palace and Buenos Aires was a sea of tear gas and smoke.

Late that night, Domingo Cavallo, Argentina’s…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect