The lesson of Argentina


Analogies are tricky things. Historical analogies, in particular, demand a deep understanding of historical context, not superficial comparisons.
The downfall of Argentina certainly has lessons for all developed nations. These days, we would be well-served to understand how a large, modern nation collapsed under the weight of corrupt leadership and institutions. It could happen here. It may already be happening.
"Argentina’s story reminds us that there can be such a thing as a formerly developed country. Its decline teaches other countries clear lessons: educate your citizenry, trade with everyone, and promote scientific research. Also: Don’t let your institutions, especially the Supreme Court, become politicized. Finally: Resist the siren call of political demagogues. That way, as Argentines know, lies perdition." https://www.bostonglobe.com/2022/07/01/opinion/yes-there-is-such-thing-formerly-developed-country/?fbclid=IwAR16I3nhJL3x4Jpd59fr5ut9mgjO1haB4wnXPOrkeh89-5YQsi5VlPaDs2I

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