Social Genocide

Synopsis: After the fall of the military dictatorship in 1983, successive democratic governments launched a series of reforms purporting to turn Argentina into the world's most liberal and prosperous...
Genre: Documentary
Director(s): Fernando E. Solanas
Production: Ad Vitam
  1 win & 3 nominations.
 
IMDB:
8.0
Rotten Tomatoes:
80%
Year:
2004
120 min
5 Views


We have turned the page

of government interventionism...

The present debt

was the illegitimate offspring

of the military dictatorship.

Even though the Courts

demonstrated its fraudulent origins,

the pressure of the Establishment

won the day.

From then on,

it dictated national policies

and depleted the public heritage.

All this is perfectly symbolized

by the statue of George Canning,

an advocate of colonial policies,

that was donated

by the British Government in 1857,

in recognition of the debt.

American defeat in Vietnam

Conservatives return to power

Crisis and rising oil prices

Petrodollars flood the world

Banks offer credit at 3%

Birth of the Third-world debt

Interest rates reach 16%

Bankruptcy of indebted countries

An alliance of foreign banks

and multinationals

comes to power in Argentina.

After 7 years

of neo-liberal policies,

the dictatorship leaves a country

bled dry, with a foreign debt

of 45 billion dollars,

of which half

is a private debt.

23 billion

is owed by multinationals

operating in the country

like Citibank, First Boston,

Chase Manhattan,

Bank of America, Banco de Italia,

Banco de Londres, Banco Espaol,

Banco Francs, Deutsche Bank,

Banco Ro and Banco Quilmes,

Banco Galicia and many more.

And by multinationals

like Esso, Fiat, IBM,

Ford, Mercedes Benz, Swift, Pirelli,

as well as local groups owned by

Prez Companc, Bulgheroni-Bridas,

Macri, Techint, Fortabat,

Pescarmona, Gruneisen, Soldati,

Cogasco, Celulosa and others.

An excessive private debt

that a top bureaucrat of the

dictatorship saddled the State with:

Domingo Cavallo.

A "super-Minister" of Finance in the

Menem and De la Ra governments,

he is responsible

of the unending growth of the debt

and the worst pillage ever suffered

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