Argentina’s New Order
Newly elected Argentine president Mauricio Macri has inaugurated harsh austerity measures and quashed dissent.
It’s been four months since multi-millionaire businessman Mauricio Macri took office as president of Argentina, narrowly defeating Daniel Scioli — the uninspiring candidate of the Peronist ruling party Frente para la Victoria — in last November’s elections.
The win was a coup for the unapologetically pro-market, but ideologically neoconservative Cambiemos coalition, ending a twelve-year stretch of Peronist leadership. Since he was sworn in last December, Macri has wasted little time rolling back the populist policies of the Kirchner era.
In his inaugural speech Macri offered a potpourri of promises: ending the confrontational politics of his populist predecessor, Cristina Fernández de Kirchner; creating an independent judiciary; fighting corruption and drug trafficking; maintaining welfare programs; and eliminating poverty.