Workers.org

Support
anti-war,
anti-racist
news

:: Donate now ::


Email this articleEmail this article 

Print this pagePrintable page


Email the editor

 

ARGENTINA

Mass mobilizations hit IMF austerity

By Andy McInerney

What began as determined picketing against unemployment has become a tidal wave of protest across Latin America’s second biggest country, Argentina. Protests against President Fernando de la Rua’s International-Monetary-Fund-backed “zero-deficit” policy culminated in a three-day campaign of strikes and protest that opened Aug. 15.

Argentina has been hit hard by the government’s neoliberal economic policies of austerity and “dollarization.” Official unemployment rates are running at over 16 percent. Incomes have fallen by 12 percent in the last three years, and de la Rua’s “zero-deficit” plan is expected to mean an additional 13 percent cut for state workers.

One-third of Argentina’s 39 million people live in poverty. Some 4 million workers earn less than $150 a month.

“Foreign firms have taken over key sectors of the economy and the foreign debt has snowballed out of control, reaching about $220 billion,” Argentinean economist Daniel Muchnik told the British Guardian on Aug. 13. Other reports put the foreign debt figure at $128 billion.

The Argentinean peso is pegged to the U.S. dollar, leaving major financial controls in the hands of the U.S. treasury.

“It’s the workers and the jobless who are paying for these measures that only serve the rich,” unemployed worker Antonio Blasio told the Agence France Presse news agency on Aug. 14.

This spiraling economic crisis is provoking new forms of resistance.

‘Piqueteros’ block roads

One new form of organization is the “piquetero”—picketers—movement that is at the center of the new wave of resistance. These groups of unemployed workers have launched roadblocks around the country. They have become a pole of struggle for the workers’ and students’ movement in Argentina.

The government staged a brutal attack against the piqueteros in June, killing one and arresting dozens. That attack provoked solidarity demonstrations and pickets, including a massive July 19 general strike, around the country.

Since then, there have been three national mobilizations of unions and students in solidarity with the piqueteros and against the government’s pro-IMF economic policies. The first, on Aug. 1, was a 24-hour display of pickets around the country.

The Brazilian-based Mercosur Trade Union Post (Correo Sindical Mercosur, Aug. 2) called that mobilization “the first protest at a national level carried out outside the structures of the main trade union federations and parties.”

The next week, the same forces took to the streets for a 48-hour show of strikes and protests. Hundreds of thousands of workers took part in those actions. They included civil servants, teachers, and unemployed.

The three-day mobilization that began on Aug. 15 was the third week of continuous mobilizations. Scores of major highways were blocked around the country.

Tens of thousands of people rallied in the capital city of Buenos Aires.

The growing movement’s main demand is to cancel the payments for Argentina’s foreign debt. This demand has generated concern in imperialist banks around the world.

Wider repercussions

The struggle between the workers and the IMF has implications far beyond Argentina’s borders.

Argentina was among the first of the Latin American countries to embark on the IMF’s neoliberal policies in the early 1990s. Those policies soon spread across the continent. So workers around Latin America are looking anxiously to the growing movement in Argentina as an example of struggle.

But the eyes of Wall Street are also fixed on the new mobilizations. Instability in Argentine markets has sent ripples through the profit margins of major U.S. banks. Talk of inability to make payments on Argentina’s foreign debt is felt in stock markets around the world.

Now de la Rua’s government is pinning its hopes on yet another bailout by the IMF. But the international bankers’ club has threatened that it will not release any new money without strict controls on spending.

That means the social crisis that is sweeping Argentina has little chance of subsiding.

As the bankers sweat, the masses are still organizing. The piqueteros are planning for a 10-day mobilization in September. They are organizing seven columns to march in regions across the country.

This article is copyright under a Creative Commons License.
Workers World, 55 W. 17 St., NY, NY 10011
Email: ww@workers.org
Subscribe wwnews-subscribe@workersworld.net
Support independent news http://www.workers.org/orders/donate.php)

HOME :: U.S. NEWS :: WORLD NEWS :: EDITORIALS :: SUBSCRIBE :: DONATE