Structural Adjustment and Social Disarticulation: The Case of Argentina

In most cases structural adjustment (SA) involves transfers of income, wealth and power into the hands of economic and political establishments, implying marginality and exclusion for the majority of the population. SA contributes to development of a new "regime of accumulation," more &quo...

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Bibliographic Details
Published in:Science & society (New York. 1936) 2000-12, Vol.64 (4), p.460-488
Main Author: Teubal, Miguel
Format: Article
Language:English
Subjects:
Argentina
Capitalism
Center and Periphery
Developing countries
Development Strategies
Disarticulation
Economic Development
Economic Policy
Economic Structure
Economics
Exploitation
External debt
Income distribution
LDCs
Politics
Productivity
Real wages
Structural adjustment
Surplus
Third World
Unemployment
Wages & salaries
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Summary:In most cases structural adjustment (SA) involves transfers of income, wealth and power into the hands of economic and political establishments, implying marginality and exclusion for the majority of the population. SA contributes to development of a new "regime of accumulation," more "socially and sectorally disarticulated" than previous ones. Disarticulation occurs when the main activities of the economy are increasingly dissociated from the demands of wage earners. While the social and sectoral articulation/disarticulation dichotomy was first conceived to distinguish development in the third world as compared with the first world, it also applies to different stages of third-world development. This framework is used to analyze the case of Argentina, a semi-industrialized country in which labor organizations had historically acquired substantial power. Adjustments applied since the mid-1970s culminate in the SA program of the Menem administration (1989-1999), which has led to the extreme social disarticulation prevailing in the present.
ISSN:0036-8237
1943-2801