Claudio Katz is a professor of economics at the University of Buenos Aires, Argentina, a researcher with the National Council of Science and Technology, and a member of Economists of the Left. He is the author of numerous articles and books interpreting contemporary capitalism and the dimensions of the global economic crisis.
Translated from Spanish by Fred Murphy
Writing about Nicaragua is as painful and sad as it is indispensable. Memories of the Sandinista Revolution are still alive for the generation that lived through it. To remain silent would be an affront to those who took part in that memorable insurrection against Somoza.
[Introduction by Todd Chretien: In the run-up to Argentina's national elections in October, a scramble for power has divided the incumbent Peronista party into warring factions. Founded by Juan Perón in 1946, the Partido Justicialista ruled through sometimes radical nationalism, state intervention in the economy, clientelist patronage and control over trade unions, and the loyalty of sections of the bourgeoisie and an elite political class of bureaucrats.