The implementation of the agreement between Argentina and the IMF, which is now being defined, is getting closer and closer to becoming a real rescue plan for national capital… on account of draconian measures that will reduce the purchasing power of wages by no less than 30%. All this in a country where, already nowadays, almost a third of the workers cannot buy the basic basket of goods with the income provided by their work.
The Falklands/Malvinas is definitely a new flashpoint in the global imperialist conflict. While Britain is forcibly militarizing the islands and Argentina is hastily reinforcing defenses, China is pressing against the British, South America is splitting in two, and the EU, encouraged by Spain and Germany, is increasingly tempted to open a new diplomatic front against London.
Britain is militarizing the Falklands/Malvinas at full speed. Argentina is building its largest military base in Ushuaia and its senate is preparing to create a new crime of opinion: doubting or belittling Argentina’s claims to sovereignty over the islands. And in case the increase in tension was not enough, Chile is unilaterally extending its southern borders, calling into question the already tense balance in the control of the Mar de Hoces/Drake Passage that separates South America from Antarctica. Why are this dance of positions and this apparently gratuitous increase in tension as well as the most crass nationalism happening right now?
The situation in Argentina in recent years has become a laundry list of union and left-wing resorts to divert and prevent the extension of struggles. We saw a first large-scale example in 2019 in Chubut. Then the convergence of struggles in the province around teachers and health workers was neutralized with national union strike calls cutting across the movement. Now in Neuquén we are seeing an alternative -yet no less damaging- strategy. We workers in Argentina and the rest of the world have much to learn from the experience in order to be able to effectively confront the unions and find our own terrain of struggle.
The Argentinean disaster consists of a ruling class leading us towards health care collapse by prioritizing an unviable national capital which condemns workers to poverty and is oriented towards an increasingly difficult imperialist game which makes the development of militarism inevitable.
For the past 20 days the Argentinean ports of the agro-export sector are paralyzed and with them the exports that sustain all the accumulation in a semicolonial country like Argentina. The reason: a strike by oil and ginning workers who do not accept that the drop in their real wages imposed by inflation be compensated by the companies by less than 70%.
Argentine capital is in an impossible trap: its imperialist game depends on three-way carom with major powers; its capacity to recover profitability depends on a plan that Fernández has not dared to define yet and that can only aggravate what he already has set in motion: drastically worsening the general conditions of exploitation and pensions; and increasing profitability by lowering further the real wages. The real decision-maker of the future is therefore the working class.
Argentina is in a new pandemic peak. The schools cannot fulfill the only thing that upheld them as a valuable institution for the state: to be a useful feeding ground and nursery for students on the way to nationalist indoctrination. Teachers are left in a bad situation, forced to choose between those students who resist this bad training and a state that sits idly by in the face of the most urgent needs, supported by the unions that keep the teachers enternained.
Today, China accounts for 85% of Argentina’s meat exports, 63% of the total foreign currency coming in from foreign trade and 45% of the Central Bank’s reserves.