Debt as a Tool of Domination: The IMF’s New Loan and Argentina’s Subordination to Global Capital
November 1, 2025
In a follow-up to their May 2024 article about the IMF'S vise-grip on Argentina's economy, David Barkin and Juan E. Santarcàngelo examine how recent events continue to shape the efforts of the global and domestic ruling classes to dominate Argentine society through debt, currency scams, and political malfeasance. Underlying all of this, they note, is the continued encroachment of the IMF on Argentina's sovereignty, aided and abetted by the far-right president Javier Milei.