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> Why some countries used to have good institutions and now have dysfunctional ones. (Like say, Argentina, Lebanon, etc) I believe the answer for Argentina is
by geofft 8y ago
> Why some countries used to have good institutions and now have dysfunctional ones. (Like say, Argentina, Lebanon, etc)
I believe the answer for Argentina is "right-wing US support of right-wing death squads because of a fear of communism" and for Lebanon is "The pro-Western president of Lebanon requested American military intervention against internal opposition, which the US was happy to do because of a fear of communism", right?
- simonsarris 8y agoAround the early 1900's Argentina was the 10th(?) richest country in the world. Wiki: > In 1913, the country's income per head was on a par with that of France and Germany, and far ahead of Italy's or Spain's. Several bad government decisions changed that. No US support was needed to knock it off the list into a dizzying number of defaults. The first Infamous Decade needed no help from the US. https://en.wikipedia.org/wiki/Infamous_Decade https://en.wikipedia.org/wiki/Infamous_Decade (edited with more accurate dates)